Supercuts 2012 Annual Report Download - page 12

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Table of Contents
10
NORTH AMERICAN SALONS: 2012 2011 2010 2009 2008
SMARTSTYLE/COST CUTTERS IN
WALMART
Company
-
owned salons:
Open at beginning of period
2,393
2,374
2,300
2,212
2,000
Salons constructed
50
65
80
71
207
Acquired
—
—
—
—
—
Franchise buybacks
—
—
5
24
12
Less relocations
(1
)
(1
)
(3
)
(2
)
(3
)
Salon openings
49
64
82
93
216
Conversions
—
—
—
—
—
Salons closed
(1
)
(45
)
(8
)
(5
)
(4
)
Total company
-
owned salons
2,441
2,393
2,374
2,300
2,212
Franchise salons:
Open at beginning of period
120
119
122
146
151
Salons constructed
2
3
2
1
7
Salon openings
2
3
2
1
7
Franchise buybacks
—
—
(
5
)
(24
)
(12
)
Salons closed
—
(
2
)
—
(
1
)
—
Total franchise salons
122
120
119
122
146
Total, SmartStyle/Cost Cutters in Walmart
2,563
2,513
2,493
2,422
2,358
SUPERCUTS
Company
-
owned salons:
Open at beginning of period
1,158
1,100
1,114
1,132
1,094
Salons constructed
65
24
10
27
33
Acquired
1
—
—
—
3
Franchise buybacks
5
73
12
6
38
Less relocations
(9
)
(3
)
(2
)
(2
)
(6
)
Salon openings
62
94
20
31
68
Conversions
56
13
—
(
2
)
—
Salons closed
(48
)
(49
)
(34
)
(47
)
(30
)
Total company
-
owned salons
1,228
1,158
1,100
1,114
1,132
Franchise salons:
Open at beginning of period
987
1,034
1,022
997
990
Salons constructed
68
43
42
51
71
Acquired
—
—
—
—
—
Less relocations
(3
)
(7
)
(6
)
(7
)
(6
)
Salon openings
65
36
36
44
65
Conversions
5
10
9
1
—
Franchise buybacks
(5
)
(73
)
(12
)
(6
)
(38
)
Salons closed
(12
)
(20
)
(21
)
(14
)
(20
)
Total franchise salons
1,040
987
1,034
1,022
997
Total, Supercuts
2,268
2,145
2,134
2,136
2,129