The Gap 2012 Annual Report Download - page 37

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19
Current year foreign exchange rates are applied to both current year and prior year Comp sales to achieve a consistent
basis for comparison.
Store Count and Square Footage Information
Net sales per average square foot is as follows:
Fiscal Year
2012 2011 2010
Net sales per average square foot (1) $ 364 $ 337 $ 342
__________
(1) Excludes net sales associated with our online, catalog, and franchise businesses.
Store count, openings, closings, and square footage for our stores are as follows:
January 28, 2012 Fiscal 2012 February 2, 2013
Number of
Store Locations Number of
Stores Opened Number of
Stores Closed Number of
Store Locations Square Footage
(in millions)
Gap North America 1,043 30 83 990 10.2
Gap Europe 193 61 198 1.7
Gap Asia 152 45 6 191 1.9
Old Navy North America 1,016 26 32 1,010 17.6
Old Navy Asia — 1— 1 —
Banana Republic North America 581 22 13 590 4.9
Banana Republic Asia 31 92 38 0.2
Banana Republic Europe 10 — — 10 0.1
Athleta North America 10 25 — 35 0.2
Piperlime North America — 1— 1 —
Intermix North America (1) — — — 31 0.1
Company-operated stores total 3,036 165 137 3,095 36.9
Franchise 227 98 13 312 N/A
Total 3,263 263 150 3,407 36.9
Increase (decrease) over prior year 4.4% (0.8)%
January 29, 2011 Fiscal 2011 January 28, 2012
Number of
Store Locations Number of
Stores Opened Number of
Stores Closed Number of
Store Locations Square Footage
(in millions)
Gap North America 1,111 23 91 1,043 10.7
Gap Europe 184 14 5 193 1.7
Gap Asia 135 22 5 152 1.5
Old Navy North America 1,027 32 43 1,016 18.1
Banana Republic North America 576 14 9 581 4.9
Banana Republic Asia 29 31 31 0.2
Banana Republic Europe 5 5— 10 0.1
Athleta North America 1 9— 10 —
Company-operated stores total 3,068 122 154 3,036 37.2
Franchise 178 52 3 227 N/A
Total 3,246 174 157 3,263 37.2
Increase (decrease) over prior year 0.5% (2.6)%
__________
(1) On December 31, 2012, we acquired all of the outstanding capital stock of Intermix. The 31 stores acquired were not included as store openings
for fiscal 2012; however, they are included in the ending number of store locations as of February 2, 2013.
Gap and Banana Republic outlet stores are reflected in each of the respective brands. In addition, we have franchise
agreements with unaffiliated franchisees to operate Gap and Banana Republic stores throughout Asia, Australia, Eastern
Europe, Latin America, the Middle East, and Africa.
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