A Dark Vector Cognition product

Item 2. PROPERTIES

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Item 2. PROPERTIES

We own several facilities in Winona, Minnesota. These facilities are as follows:

PurposeApproximate Square Feet
Distribution center and home office259,0001
Manufacturing facility100,000
Computer support center13,000
Winona store15,000
Winona product support facility55,000
Rack and shelving storage42,000
Multi-building complex which houses certain operations of the distribution group, our support services group, and the home office support group30,000
1This facility was expanded in 2012 to include an auxiliary building which contains an automated storage and retrieval system with 253,000 tote locations for small parts.

We also own the following facilities, excluding store locations, outside of Winona, Minnesota:

PurposeLocationApproximate Square Feet
Distribution center and manufacturing facilityIndianapolis, Indiana525,0001
Storage facilityIndianapolis, Indiana262,000
Distribution centerAtlanta, Georgia198,000
Distribution centerDallas, Texas176,0002
Distribution centerScranton, Pennsylvania160,000
Distribution centerAkron, Ohio102,000
Distribution centerKansas City, Kansas300,000
Distribution centerToronto, Ontario, Canada62,000
Distribution centerGreensboro, North Carolina250,000
Distribution center and manufacturing facilityModesto, California328,000
Manufacturing facilityRockford, Illinois100,000
Local re-distribution center and manufacturing facilityJohor, Malaysia27,000
Manufacturing facilityWallingford, Connecticut187,000
1In addition, this facility has an auxiliary building which contains an automated storage and retrieval system with capacity of 52,000 pallet locations and 250,000 tote locations for small parts.
2In addition, this facility contains an automated storage and retrieval system with capacity of 14,000 pallet locations and 42,000 tote locations for small parts.

In addition, we own 176 buildings that house our store locations in various cities throughout North America.

All other buildings we occupy are leased. Leased stores range from approximately 3,000 to 10,000 square feet, with lease terms of up to 60 months (most initial lease terms are for 36 to 48 months). We also lease the following:

PurposeLocationApproximate Square FeetLease Expiration DateRemaining Lease Renewal Options
Distribution centerSeattle, Washington100,000April 2017Two
Distribution centerSalt Lake City, Utah44,000July 2015Two
Distribution centerMonterrey, Nuevo Leon, Mexico14,000June 2014One
Distribution center and manufacturing facilityEdmonton, Alberta, Canada22,000July 2020One
Distribution center (supplemental site)Edmonton, Alberta, Canada6,400August 2013None
Manufacturing facilityHouston, Texas20,500June 2014None
Local re-distribution center and manufacturing facilityModrice, Czech Republic15,000July 2021None

If economic conditions are suitable, we will, in the future, consider purchasing store locations to house our older stores. It is anticipated the majority of new store locations will continue to be leased. It is our policy to negotiate relatively short lease terms to facilitate relocation of particular store operations, when desirable. Our experience has been that space suitable for our needs and available for leasing is more than sufficient.

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