Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer. The Company operates business through its subsidiaries. As of February 1, 2014, the Company operated 451 boutiques in 45 states and the District of Columbia, and also served its customers through www.francescas.com, its direct-to-consumer Website. The Company offers a broad and shallow selection of fashion apparel, jewelry, accessories and gifts targeted to its core customer. The Company’s boutiques typically range in size from 1,000 to 1,800 square feet, with an average size of approximately 1,359 square feet. The Company’s direct-to-consumer business consists of its www.francescas.com Website. The Company distributes its merchandise from its distribution center in Houston, Texas. The Company facility occupies approximately 218,000 square feet, consisting of approximately 165,000 square feet of warehouse and distribution space, which services its boutiques and direct-to-consumer business.