Urban Outfitters 2012 Annual Report Download - page 21

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Table of Contents
Improvements in recent years, including those in fiscal 2012 described in Item 7: Management's Discussion and Analysis—Liquidity and Capital
Resources, were necessary to adequately support our growth. We believe we may need to further expand the square footage of our home office and
distribution facilities to support our growth over the next several years. For more information on our distribution center properties, see Item 1: Business—
Company Operations—Distribution. We believe that our facilities are well maintained and in good operating condition.
All of our Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN stores are leased, well maintained and in good operating condition. Our
retail stores are typically leased for a term of ten years with renewal options for an additional five to ten years. Total estimated selling square feet for stores
open, under lease as of January 31, 2012, by Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN was approximately 1,770,000, 1,214,000,
85,000, 20,000 and 3,400, respectively. Terrain also utilizes two acres of outdoor space to sell seasonal items, live plants, accessories and outdoor furniture.
The average store selling square feet is approximately 9,000 for Urban Outfitters, 7,200 for Anthropologie and 1,400 for Free People. Selling square feet can
sometimes change due to floor moves, use of staircases, cash register configuration and other factors.
The following table shows the location of each of our existing retail stores, as of January 31, 2012:
Urban
Outfitters Anthropologie
Free
People Terrain BHLDN Total
United States:
Alabama 1 2 — — — 3
Arizona 4 4 2 — — 10
Arkansas — 1 — — — 1
California 35 30 15 — — 80
Colorado 3 3 3 — — 9
Connecticut 3 4 2 — — 9
Delaware 1 1 — — — 2
District of Columbia 2 2 — — — 4
Florida 7 10 — — — 17
Georgia 4 3 1 — — 8
Idaho 1 1 — — — 2
Illinois 9 8 4 — — 21
Indiana 3 1 — — — 4
Kansas 1 1 — — — 2
Louisiana 2 2 — — — 4
Maine 1 — — — — 1
Maryland 2 4 1 — — 7
Massachusetts 7 6 5 — — 18
Michigan 3 3 1 — — 7
Minnesota 2 4 — — — 6
Mississippi — 1 — — — 1
Missouri 2 2 — — — 4
Nebraska 1 1 — — — 2
Nevada 2 2 1 — — 5
New Jersey 5 9 3 — — 17
New Mexico 1 1 — — — 2
18