Supercuts 2011 Annual Report Download - page 12
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Table of Contents
10
NORTH AMERICAN SALONS: 2011 2010 2009 2008 2007
SMARTSTYLE/COST CUTTERS IN WALMART
Company
-
owned salons:
Open at beginning of period
2,374
2,300
2,212
2,000
1,739
Salons constructed
65
80
71
207
242
Acquired
—
—
—
—
—
Franchise buybacks
—
5
24
12
21
Less relocations
(1
)
(3
)
(2
)
(3
)
(2
)
Salon openings
64
82
93
216
261
Conversions
—
—
—
—
—
Salons closed
(45
)
(8
)
(5
)
(4
)
—
Total company
-
owned salons
2,393
2,374
2,300
2,212
2,000
Franchise salons:
Open at beginning of period
119
122
146
151
164
Salons constructed
3
2
1
7
8
Salon openings
3
2
1
7
8
Franchise buybacks
—
(
5
)
(24
)
(12
)
(21
)
Salons closed
(2
)
—
(
1
)
—
—
Total franchise salons
120
119
122
146
151
Total, SmartStyle/Cost Cutters in Walmart
2,513
2,493
2,422
2,358
2,151
SUPERCUTS
Company
-
owned salons:
Open at beginning of period
1,100
1,114
1,132
1,094
1,036
Salons constructed
24
10
27
33
45
Acquired
—
—
—
3
—
Franchise buybacks
73
12
6
38
37
Less relocations
(3
)
(2
)
(2
)
(6
)
(5
)
Salon openings
94
20
31
68
77
Conversions
13
—
(
2
)
—
—
Salons closed
(49
)
(34
)
(47
)
(30
)
(19
)
Total company
-
owned salons
1,158
1,100
1,114
1,132
1,094
Franchise salons:
Open at beginning of period
1,034
1,022
997
990
978
Salons constructed
43
42
51
71
69
Acquired(2)
—
—
—
—
—
Less relocations
(7
)
(6
)
(7
)
(6
)
(7
)
Salon openings
36
36
44
65
62
Conversions
10
9
1
—
1
Franchise buybacks
(73
)
(12
)
(6
)
(38
)
(37
)
Salons closed
(20
)
(21
)
(14
)
(20
)
(14
)
Total franchise salons
987
1,034
1,022
997
990
Total, Supercuts
2,145
2,134
2,136
2,129
2,084