Designer Brands Inc
For the period ended Feb 3, 2024. Filed Mar 25, 2024.
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FY2024 · Filed Mar 25, 2024
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Item 2. Properties
The following table summarizes the location and general use of our principal properties as of February 3, 2024 that we consider to be material to our business and that we believe will meet our operational needs for the foreseeable future:
| Facility | Location | Owned/Leased | Segment | Approximate Square Feet |
|---|---|---|---|---|
| Principal corporate office | Columbus, Ohio | Owned | Corporate and U.S. Retail | 178,000 |
| Distribution center | Columbus, Ohio | Owned | U.S. Retail | 625,000 |
| East Coast Logistics Center | Westampton, New Jersey | Leased | U.S. Retail and Brand Portfolio | 683,000 |
| U.S. retail stores(1) | 499 various U.S. locations | Leased | U.S. Retail | 9,958,000 |
| Canada retail stores(2) | 143 various Canadian locations | Leased | Canada Retail | 1,114,000 |
| Showrooms | Six various U.S. locations | Leased | Brand Portfolio | 94,000 |
| Foreign sourcing offices | One location in China and one location in Brazil | Leased | Brand Portfolio | 117,000 |
(1) Our DSW U.S. stores average approximately 20,000 square feet. Most of the store leases are for a fixed term with options for extension periods, exercisable at our option.
(2) The Shoe Company and DSW stores in Canada average approximately 7,800 square feet. Most of the store leases are for a fixed term with options for extension periods, exercisable at our option.
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