GNC 2009 Annual Report Download - page 44

Download and view the complete annual report

Please find page 44 of the 2009 GNC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 231

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231

Table of Contents
(3) The following table summarizes our stores for the periods indicated:
Successor Predecessor Predecessor
Year Ended March 16- January 1-
December 31, December 31, March 15, Year Ended December 31,
2008 2007 2007 2006 2005 2004
Company-owned stores
Beginning of period balance 2,745 2,699 2,688 2,650 2,642 2,748
New store openings 71 64 18 54 35 27
Franchise conversions (a) 33 44 17 80 102 55
Store closings (75) (62) (24) (96) (129) (188)
End of period balance 2,774 2,745 2,699 2,688 2,650 2,642
Franchised stores
Domestic
Beginning of period balance 978 1,022 1,046 1,156 1,290 1,355
Store openings 41 16 4 5 17 31
Store closings (b) (65) (60) (28) (115) (151) (96)
End of period balance 954 978 1,022 1,046 1,156 1,290
International
Beginning of period balance 1,078 996 961 858 746 654
Store openings 198 115 44 169 132 115
Store closings (86) (33) (9) (66) (20) (23)
End of period balance 1,190 1,078 996 961 858 746
Store-within-a-store (Rite Aid)
Beginning of period balance 1,358 1,266 1,227 1,149 1,027 988
Store openings 401 101 39 80 130 44
Store closings (47) (9) (2) (8) (5)
End of period balance 1,712 1,358 1,266 1,227 1,149 1,027
Total Stores 6,630 6,159 5,983 5,922 5,813 5,705
(a) Stores that were acquired from franchisees and subsequently converted into company-owned stores.
(b) Includes franchised stores closed and acquired by us. 38