3 unchanged sentences
We anticipate that we will be able to extend those leases which we wish to extend on satisfactory terms as they expire or relocate to more desirable locations.
−Removed: The following table sets forth information with respect to certain of our non-store locations as of January 28, 2023:
+Added: The following table sets forth information with respect to certain of our non-store locations as of February 3, 2024:
Location Use Approximate Sq.
4 unchanged sentences
Store Distribution Center / E-commerce Fulfillment Center 95,000 4/30/2024
−Removed: 500 Plaza Drive, Secaucus, NJ (3)
−Removed: Corporate Offices 200,000 5/31/2029
Hong Kong, China (3)
Product Support 11,000 4/30/2027
−Removed: Brownsburg, Indiana (4)
−Removed: E-commerce Fulfillment Center 315,000 8/31/2024
−Removed: Ontario, Canada (5)
−Removed: E-commerce Fulfillment Center 184,000 9/9/2024
+Added: 500 Plaza Drive, Secaucus, NJ (3)(4)
+Added: Corporate Offices 120,000 5/31/2037
+Added: 500 Plaza Drive, Secaucus, NJ (5)
+Added: Corporate Offices 80,000 5/31/2024
____________________________________________
2 unchanged sentences
(2) Supports our Canadian stores and our Canadian e-commerce business.
+Added: We moved these operations to the United States to our current distribution center in Alabama as of the end of the first quarter of Fiscal 2024.
(3) Supports our U.S.
stores, our e-commerce business, our Canadian stores, our international franchisees, and wholesale business.
+Added: (4) We signed a new lease in January 2024 under more favorable terms, which expires in May 2037, with a termination right after the seventh year, and two five-year renewal options at fair market value.
(5) Supports our U.S.
−Removed: e-commerce business via a third-party provider.
−Removed: The Company's third-party provider currently utilizes 315,000 square feet of space in the 694,000 square foot facility.
−Removed: Occupancy costs are based on transaction volume.
−Removed: (5) Supports our Canadian e-commerce business via a third-party provider.
−Removed: The Company's third-party provider currently utilizes 184,000 square feet of space in the 286,000 square foot facility.
−Removed: Occupancy costs are based on transaction volume.
−Removed: On occasion, we may utilize additional third-party facilities to support seasonal warehousing needs.
+Added: stores, our e-commerce business, our Canadian stores, our international franchisees, and wholesale business.
+Added: The current lease expires on May 31, 2024 but will continue on a month-to-month basis until May 31, 2025, which we can terminate by providing the landlord with a 60-day notice period.
+Added: We also use a third-party provider operating a 315,000 square foot distribution center in Indiana and a 184,000 square foot distribution center in Ontario, Canada to support our U.S.
+Added: and Canadian e-commerce fulfillment operations, respectively.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.