filings.toolsItem 2. Properties.
9K characters. Original on sec.gov · Markdown
Item 2. Properties.
Stores, Distribution Centers, Service Centers and Corporate Facilities
Domestic Segment
The following table summarizes the location and total square footage of our Domestic segment stores and outlet centers at the end of fiscal 2019:
| U.S. Best Buy Stores | U.S. Best Buy Outlet Centers | Pacific Sales Stores | |||||||
| Alabama | 12 | — | — | ||||||
| Alaska | 2 | — | — | ||||||
| Arizona | 22 | — | — | ||||||
| Arkansas | 8 | — | — | ||||||
| California | 116 | 2 | 21 | ||||||
| Colorado | 21 | — | — | ||||||
| Connecticut | 12 | — | — | ||||||
| Delaware | 3 | — | — | ||||||
| District of Columbia | 1 | — | — | ||||||
| Florida | 64 | — | — | ||||||
| Georgia | 28 | — | — | ||||||
| Hawaii | 2 | — | — | ||||||
| Idaho | 5 | — | — | ||||||
| Illinois | 43 | 1 | — | ||||||
| Indiana | 23 | — | — | ||||||
| Iowa | 11 | — | — | ||||||
| Kansas | 8 | — | — | ||||||
| Kentucky | 9 | — | — | ||||||
| Louisiana | 16 | — | — | ||||||
| Maine | 3 | — | — | ||||||
| Maryland | 21 | — | — | ||||||
| Massachusetts | 23 | — | — | ||||||
| Michigan | 32 | — | — | ||||||
| Minnesota | 19 | — | — | ||||||
| Mississippi | 8 | — | — | ||||||
| Missouri | 18 | — | — | ||||||
| Montana | 3 | — | — | ||||||
| Nebraska | 5 | — | — | ||||||
| Nevada | 10 | — | — | ||||||
| New Hampshire | 6 | — | — | ||||||
| New Jersey | 25 | — | — | ||||||
| New Mexico | 5 | — | — | ||||||
| New York | 52 | — | — | ||||||
| North Carolina | 32 | 1 | — | ||||||
| North Dakota | 4 | — | — | ||||||
| Ohio | 35 | — | — | ||||||
| Oklahoma | 13 | — | — | ||||||
| Oregon | 11 | — | — | ||||||
| Pennsylvania | 36 | — | — | ||||||
| Puerto Rico | 3 | — | — | ||||||
| Rhode Island | 1 | — | — | ||||||
| South Carolina | 13 | — | — | ||||||
| South Dakota | 2 | — | — | ||||||
| Tennessee | 16 | — | — | ||||||
| Texas | 103 | 2 | — | ||||||
| Utah | 11 | — | — | ||||||
| Vermont | 1 | — | — | ||||||
| Virginia | 34 | — | — | ||||||
| Washington | 19 | 1 | — | ||||||
| West Virginia | 5 | — | — | ||||||
| Wisconsin | 21 | 1 | — | ||||||
| Wyoming | 1 | — | — | ||||||
| Total Domestic store count | 997 | 8 | 21 | ||||||
| Square footage (in thousands) | 38,658 | 271 | 571 | ||||||
| Average square feet per store (in thousands) | 39 | 34 | 27 |
The following table summarizes the ownership status of our Domestic segment stores and outlet centers at the end of fiscal 2019:
| U.S. Best Buy Stores | U.S. Best Buy Outlet Centers | Pacific Sales Stores | |||||||
| Owned store locations | 25 | — | — | ||||||
| Owned buildings and leased land | 35 | — | — | ||||||
| Leased store locations | 937 | 8 | 21 |
The following table summarizes the location, ownership status and total square footage of space utilized for distribution centers, service centers, care centers, corporate and field offices of our Domestic segment at the end of fiscal 2019:
| Square Footage (in thousands) | ||||||||
| Location | Leased | Owned | ||||||
| Distribution centers | 23 locations in 17 states | 9,503 | 3,168 | |||||
| Geek Squad service center(1) | Louisville, Kentucky | 237 | — | |||||
| Principal corporate headquarters(2) | Richfield, Minnesota | — | 1,452 | |||||
| Territory field offices | 11 locations throughout the U.S. | 87 | — | |||||
| GreatCall care centers and corporate office space | 3 locations in 2 states | 136 | — | |||||
| Pacific Sales corporate office space | Torrance, California | 16 | — |
| (1) | The leased space utilized by our Geek Squad operations is used primarily to service notebook and desktop computers. |
| (2) | Our principal corporate headquarters consists of four interconnected buildings. Certain vendors who provide us with a variety of corporate services occupy a portion of our principal corporate headquarters. We also sublease a portion of the office space to unaffiliated third parties. |
International Segment
The following tables summarize the location and total square footage of our International segment stores at the end of fiscal 2019:
| Best Buy Stores | Best Buy Mobile Stores | Best Buy Express Stores | ||||||
| Canada | ||||||||
| Alberta | 18 | 8 | — | |||||
| British Columbia | 22 | 8 | — | |||||
| Manitoba | 4 | — | — | |||||
| New Brunswick | 3 | — | — | |||||
| Newfoundland | 1 | — | — | |||||
| Nova Scotia | 3 | 1 | — | |||||
| Ontario | 54 | 23 | — | |||||
| Prince Edward Island | 1 | — | — | |||||
| Quebec | 22 | 5 | — | |||||
| Saskatchewan | 4 | — | — | |||||
| Total Canada store count | 132 | 45 | — | |||||
| Square footage (in thousands) | 3,743 | 42 | — | |||||
| Average square feet per store (in thousands) | 28 | 1 | — |
| Best Buy Stores | Best Buy Mobile Stores | Best Buy Express Stores | ||||||
| Mexico | ||||||||
| Chihuahua | 1 | — | — | |||||
| Ciudad de México | 8 | — | 4 | |||||
| Coahuila | — | — | 1 | |||||
| Estado de México | 3 | — | — | |||||
| Guanajuato | 1 | — | — | |||||
| Jalisco | 4 | — | — | |||||
| Michoacan | 1 | — | — | |||||
| Morelos | 1 | — | — | |||||
| Nuevo León | 3 | — | 1 | |||||
| Paseo Interlomas | 1 | — | — | |||||
| Puebla | 1 | — | — | |||||
| Queretaro | 1 | — | — | |||||
| Quintana Roo | 1 | — | — | |||||
| San Luis Potosí | 1 | — | — | |||||
| Veracruz | 1 | — | — | |||||
| Yucatan | 1 | — | — | |||||
| Total Mexico store count | 29 | — | 6 | |||||
| Square footage (in thousands) | 810 | — | 12 | |||||
| Average square feet per store (in thousands) | 28 | — | 2 | |||||
| Total International store count | 161 | 45 | 6 |
The following table summarizes the ownership status of our International segment store locations at the end of fiscal 2019:
| Canada | Mexico | ||||||||||
| Best Buy Stores | Best Buy Mobile Stores | Best Buy Stores | Best Buy Express Stores | ||||||||
| Owned store locations | 3 | — | — | — | |||||||
| Leased store locations | 129 | 45 | 29 | 6 |
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 at the end of fiscal 2019:
| Square Footage (in thousands) | Square Footage (in thousands) | ||||||||||||||
| Distribution Centers | Leased | Owned | Principal Corporate Offices | Leased | Owned | ||||||||||
| Canada | Brampton, Ontario | 1,057 | — | Burnaby, British Columbia | 141 | — | |||||||||
| Vancouver, British Columbia | 439 | — | |||||||||||||
| Mexico | Estado de Mexico, Mexico | 89 | — | Distrito Federal, Mexico | 32 | — |
Exclusive Brands
We lease approximately 56,000 square feet of office space in China to support our exclusive brands operations.
Operating Leases
Additional information regarding our operating leases is available in Note 1, Summary of Significant Accounting Policies, and Note 10, 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.
Previous: Item 1B. Unresolved Staff Comments. · Next: Item 3. Legal Proceedings.