Pier 1 2016 Annual Report Download - page 20

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ITEM 2. PROPERTIES.
Item 2. Properties.
The Company leases its corporate headquarters, retail stores and the majority of its distribution and fulfillment centers. The
Company has an operating lease for its corporate headquarters located in Fort Worth, Texas, which included approximately
386,000 square feet of office space as of February 27, 2016. Total gross square footage for all stores was 10.3 million and retail
square footage was 8.2 million as of February 27, 2016. The following table sets forth the Company’s U.S. and Canadian stores
by state and province as of February 27, 2016:
United States
Alabama 13 Louisiana 15 Ohio 28
Alaska 3 Maine 2 Oklahoma 6
Arizona 24 Maryland 21 Oregon 13
Arkansas 8 Massachusetts 22 Pennsylvania 36
California 106 Michigan 30 Rhode Island 2
Colorado 14 Minnesota 18 South Carolina 15
Connecticut 19 Mississippi 6 South Dakota 2
Delaware 4 Missouri 18 Tennessee 17
Florida 72 Montana 5 Texas 78
Georgia 28 Nebraska 4 Utah 8
Hawaii 8 Nevada 7 Vermont 1
Idaho 6 New Hampshire 6 Virginia 33
Illinois 35 New Jersey 35 Washington 26
Indiana 17 New Mexico 4 West Virginia 5
Iowa 8 New York 49 Wisconsin 20
Kansas 8 North Carolina 32 Wyoming 2
Kentucky 11 North Dakota 3
Canada
Alberta 12 New Brunswick 2 Ontario 35
British Columbia 13 Newfoundland 1 Quebec 10
Manitoba 2 Nova Scotia 2 Saskatchewan 2
The Company currently owns or leases distribution and fulfillment center space of approximately 5.5 million square feet. The
Company also acquires temporary distribution center space periodically through short-term leases. As of February 27, 2016, the
Company owned or leased under operating leases the following properties, which include distribution and/or fulfillment centers in
or near the following cities:
Location Approx. Sq. Ft. Owned/Leased
Facility
Baltimore, Maryland 1,278,000 Leased
Columbus, Ohio 1,182,000 Leased
Fort Worth, Texas 460,000 Owned
Fort Worth, Texas 310,000 Leased
Ontario, California 991,000 Leased
Savannah, Georgia 784,000 Leased
Tacoma, Washington 451,000 Leased
14 PIER 1 IMPORTS, INC. 2016 Form 10-K