Tilly's Inc, a Delaware corporation was formed in May 2011. The Company is a growing destination specialty retailer of action sports inspired apparel, footwear and accessories. Its stores are designed to be a seamless extension of its teen and young adult consumers' lifestyles with a balance of guys' and juniors' merchandise in a stimulating environment. The Company's third-party branded merchandise features established and emerging brands such as Adidas, Billabong, Levi's, Nixon, Roxy, UGG, Young & Reckless, Quiksilver, Famous Stars & Straps, among others. As of February 1, 2014, the Company operated 195 stores throughout the United States. Its stores are located in mall and off-mall, including outlet, locations and in fiscal year 2013 averaged 7,760 square feet. The Company's website serves both as a sales channel and a marketing tool to its extended customer base, including those customers in markets where the company does not currently have stores. Its digital platform provides an expanded product offering relative to its stores and includes expanded product assortment and web exclusive merchandise. Its current e-commerce fulfillment is operated out of its distribution center in Irvine, California. Its management information systems provide a variety of business process support and information to its store, merchandising, financial, real estate and other business teams. The Company centrally distributes all of its merchandise through a 126,000 square foot distribution facility co-located with its headquarters in Irvine, California. Ambitious, Blue Crown, Division 7, Eldon, Full Tilt, Full Tilt Sport, If it's not here…it's not happening, Infamous, RSQ, Tilly's, Vindicated, and logos related to some of these names, are among its trademarks registered with the U.S. Patent and Trademark Office. The Company competes with Abercrombie & Fitch Co., Aeropostale, Inc., American Eagle Outfitters, Inc., The Buckle, Inc., Forever 21, Inc., Hot Topic, Inc., Pacific Sunwear of California, Inc., Urban Outfitters, Inc., The Wet Seal, Inc. Zumiez, Inc, among others. It is subject to labor and employment laws, laws governing advertising and promotions, privacy laws, safety regulations, consumer protection regulations and other laws that regulate retailers and govern the promotion and sale of merchandise and the operation of stores and warehouse facilities.