Best Buy 2015 Annual Report Download - page 25

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Table of Contents
18
The following table summarizes the ownership status and total square footage of our International segment continuing
operations store locations at the end of fiscal 2015:
Canada Mexico
Future Shop
Stores Best Buy
Stores
Best Buy Mobile
Stand-Alone
Stores Best Buy
Stores Best Buy
Express Stores
Owned store locations — 3 — — —
Leased store locations 133 68 56 18 5
Square footage (in thousands) 3,493 2,257 52 661 7
The above tables exclude 181 Five Star store locations with a total of 5,928,000 square feet, which were held for sale as of
January 31, 2015. The sale of Five Star was completed on February 13, 2015.
In March 2015, we made a decision to consolidate Future Shop and Best Buy stores and websites in Canada under the Best Buy
brand. This resulted in permanently closing 66 Future Shop stores and converting 65 Future Shop stores to the Best Buy brand.
We separately closed two Future Shop locations in March 2015 as part of our normal operations.
The following table summarizes the location, ownership status and total square footage of space utilized for distribution centers
and corporate offices of our International segment continuing operations at the end of fiscal 2015:
Square Footage
(in thousands) Square Footage
(in thousands)
Distribution Centers Leased Owned Principal Corporate Offices Leased Owned
Canada Brampton and Bolton, Ontario 1,685 — Burnaby, British Columbia 141 —
Vancouver, British Columbia 439 —
Mexico Estado de Mexico, Mexico 89 — Distrito Federal, Mexico 32 —
Exclusive Brands
We lease approximately 61,000 square feet of office space in China to support our exclusive brands operations.
Operating Leases
Almost all of our stores and a majority of our distribution facilities are leased. Additional information regarding our operating
leases is available in Note 1, Summary of Significant Accounting Policies, and Note 8, Leases, of the Notes to Consolidated
Financial Statements, included in Item 8, Financial Statements and Supplementary Data, of this Annual Report on Form 10-K.
Item 3. Legal Proceedings.
For a description of our legal proceedings, see Note 12, Contingencies and Commitments, of the Notes to Consolidated
Financial Statements, included in Item 8, Financial Statements and Supplementary Data, of this Annual Report on Form 10-K.
Item 4. Mine Safety Disclosures.
Not applicable.