A Dark Vector Cognition product

Item 2. Properties

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Item 2. Properties

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All of our retail stores, corporate offices and distribution and warehouse facilities are leased or subleased. Our retail stores are predominately located in convenient, high-traffic, locations such as power centers. Our typical store is approximately 10,000 square feet, including approximately 950 square feet dedicated to our full-service salon. Most of our retail store leases provide for a fixed minimum annual rent and generally have a 10-year initial term with options for two or three extension periods of five years each, exercisable at our option. As of February 2, 2013, we operated 550 retail stores in 45 states, as shown in the table below:

StateNumber of stores
Alabama10
Arizona23
Arkansas4
California55
Colorado12
Connecticut5
Delaware1
Florida39
Georgia21
Idaho3
Illinois38
Indiana10
Iowa6
Kansas3
Kentucky6
Louisiana9
Maine3
Maryland9
Massachusetts7
Michigan23
Minnesota11
Mississippi4
Missouri9
Montana1
Nebraska3
Nevada6
New Hampshire2
New Jersey14
New Mexico1
New York19
North Carolina17
North Dakota1
Ohio18
Oklahoma8
Oregon6
Pennsylvania20
Rhode Island1
South Carolina10
Tennessee8
Texas67
Utah6
Virginia14
Washington9
West Virginia1
Wisconsin7
Total550
Table of Contents

As of February 2, 2013, we operated three distribution facilitates located in Romeoville, Illinois, Phoenix, Arizona and Chambersburg, Pennsylvania. The Romeoville warehouse contains approximately 317,000 square feet, including an overflow facility. The lease for the Romeoville warehouse expires on April 30, 2015. The Phoenix warehouse contains approximately 437,000 square feet. The lease for the Phoenix warehouse expires on March 31, 2019 and has three renewal options with terms of five years each. The Chambersburg warehouse contains approximately 373,000 square feet. The lease expires on March 31, 2027 and has three renewal options with terms of five years each.

Our principal executive office is in Bolingbrook, Illinois. The lease for the Bolingbrook office expires on August 31, 2018.

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