Item 2. Properties
ITEM 2. PROPERTIES
The following table summarizes the location and general use of our principal properties as of January 30, 2021 that we consider to be material to our business:
Facility Location Owned/Leased Segment Approximate Square Feet
Principal corporate office Columbus, Ohio Owned Corporate, U.S. Retail and Other 178,000
Distribution center Columbus, Ohio Owned U.S. Retail and Other 625,000
Fulfillment center (1)
Columbus, Ohio Leased U.S. Retail 854,000
Distribution center Westampton, New Jersey Leased Brand Portfolio 683,000
U.S. retail stores (2)
519 various U.S. locations
Leased U.S. Retail 10,547,000
Canada retail stores (3)
144 various Canadian locations
Leased Canada Retail 1,156,000
Showrooms 10 various U.S. locations
Leased Brand Portfolio 97,000
Foreign sourcing offices One location in China and one location in Brazil
Leased Brand Portfolio 117,000
15
(1) Our fulfillment center is leased from Schottenstein Affiliates, a related party, and expires in September 2022 with two renewal options of five years each.
(2) Our DSW U.S. stores average approximately 20,300 square feet. Most of the store leases are for a fixed term with options for extension periods, exercisable at our option.
(3) The Shoe Company, Shoe Warehouse, and DSW stores in Canada average approximately 5,300 square feet. Most of the store leases are for a fixed term with options for extension periods, exercisable at our option.
We believe that our principal properties will meet our operational needs for the foreseeable future.
ITEM 3. LEGAL PROCEEDINGS
The information set forth in Note 15, Commitments and Contingencies - Legal Proceedings , of the Consolidated Financial Statements of this Form 10-K is incorporated herein by reference.
ITEM 4. MINE SAFETY DISCLOSURES
Not Applicable.
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.