Bath Body Works Inc
For the period ended Feb 3, 2024. Filed Mar 22, 2024.
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FY2024 · Filed Mar 22, 2024
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Item 2. Properties
Company-Operated
The following table provides the location, use and size of our Company-operated distribution, fulfillment, office and product development facilities as of February 3, 2024:
| Location | Use | ApproximateSquareFootage(in thousands) |
|---|---|---|
| Columbus, Ohio area | Office, distribution and fulfillment centers and shipping facilities | 5,000 |
| Other North America | Office and product development/design | 70 |
We own five office, distribution center and shipping facilities located in the Columbus, Ohio area comprising approximately 3.9 million square feet. In addition, we operate a 1.1 million square foot leased direct channel fulfillment center located near Columbus, Ohio.
We also lease various other office and product development/design locations in North America, primarily in New York.
As of February 3, 2024, we operated 1,739 and 111 retail stores located in leased facilities throughout the U.S. and Canada, respectively. A substantial portion of our U.S. store leases generally have an initial term of ten years, while our Canadian store leases generally have initial terms of five to ten years. Our store leases expire at various dates between fiscal 2024 and fiscal 2034.
Third-party Operated Fulfillment and Distribution Centers
We utilize five permanent third-party operated direct channel fulfillment centers in North America, comprising approximately 2.8 million square feet. We also utilize six third-party operated regional distribution centers in North America, comprising approximately 1.1 million square feet, that enable us to position inventory geographically closer to our customers.
International Partner-operated Stores
As of February 3, 2024, our partners operated 485 retail stores in more than 40 international countries.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.