As of Apr 30, 2017, the company operated 1,108 stores across all Canadian provinces.
During fiscal 2017, the company opened 65 net new stores, and expects to open 70 to 80 net new stores during FY 2018. In the first quarter of fiscal 2018, the company opened 13 net new stores.
All stores are leased, typically with base terms of 10 years and options to renew for one or more periods of 5 years each. The average time to expiration for leases at year-end was approximately 4 years.
Stores are located in high-traffic venues including enclosed malls, power centers, strip centers, street and freestanding locations in various locations, including metropolitan areas, mid-sized cities, and small towns. Stores range in size from 8,000 to 20,000 square feet, with most locations ranging from 9,000 to 10,000 for an overall average of approximately 10,000 square feet.
|Total gross square feet (M)||10,975||10,975||10,240||9,467||8,668||7,804|
|Total gross square feet growth||7.2%||7.2%||8.2%||9.2%||11.1%||11.9%|
|Avg store gross sq ft||10,000||10,000||9,900||9,900||9,900||9,900|
|Avg store gross sq ft growth||0.8%||0.8%||0.3%||-0.1%||-0.2%||0.4%|