Supercuts 2010 Annual Report Download - page 12

Download and view the complete annual report

Please find page 12 of the 2010 Supercuts 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 221

  • 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

Table of Contents
10
NORTH AMERICAN SALONS: 2010 2009 2008 2007 2006
Franchise salons:
Open at beginning of period
106
19
19
24
Salons constructed
1
2
Acquired
93
Less relocations
(
1
)
Salon openings
1
94
Franchise buybacks
(
5
)
(
5
)
Interdivisional reclassification(4)
(
43
)
Salons sold
(
57
)
Salons closed
(
7
)
(2
)
Total franchise salons
106
19
19
Total, Trade Secret
780
632
634
SMARTSTYLE/COST CUTTERS IN WAL
-
MART
Company
-
owned salons:
Open at beginning of period
2,300
2,212
2,000
1,739
1,497
Salons constructed
80
71
207
242
215
Acquired
Franchise buybacks
5
24
12
21
31
Less relocations
(3
)
(2
)
(3
)
(2
)
(2
)
Salon openings
82
93
216
261
244
Conversions
1
Salons closed
(8
)
(5
)
(4
)
(
3
)
Total company
-
owned salons
2,374
2,300
2,212
2,000
1,739
Franchise salons:
Open at beginning of period
122
146
151
164
184
Salons constructed
2
1
7
8
11
Salon openings
2
1
7
8
11
Franchise buybacks
(5
)
(24
)
(12
)
(21
)
(31
)
Salons closed
(
1
)
Total franchise salons
119
122
146
151
164
Total, SmartStyle/Cost Cutters in Wal
-
Mart
2,493
2,422
2,358
2,151
1,903
SUPERCUTS
Company
-
owned salons:
Open at beginning of period
1,114
1,132
1,094
1,036
915
Salons constructed
10
27
33
45
76
Acquired
3
Franchise buybacks
12
6
38
37
77
Less relocations
(2
)
(2
)
(6
)
(5
)
(9
)
Salon openings
20
31
68
77
144
Conversions
(
2
)
(
1
)
Salons closed
(34
)
(47
)
(30
)
(19
)
(22
)
Total company
-
owned salons
1,100
1,114
1,132
1,094
1,036