Supercuts 2005 Annual Report Download - page 11

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10
2005
2004
2003
2002
2001
SMARTSTYLE/COST CUTTERS IN WAL
-
MART
Company
-
owned salons:
Open at beginning of period
1,263
1,033
861
722
547
Salons constructed
194
174
168
125
152
Acquired
—
—
2
—
27
Franchise buybacks
45
61
12
17
11
Less relocations
1
—
5
1
4
Salon openings
238
235
177
141
186
Conversions
—
—
—
—
(
9
)
Salons closed
(4
)
(5
)
(5
)
(2
)
(2
)
Total company-owned salons
1,497
1,263
1,033
861
722
Franchise salons:
Open at beginning of period
201
230
210
194
148
Salons constructed
29
33
33
37
39
Acquired
—
—
—
—
13
Less relocations
—
—
—
—
1
Salon openings
29
33
33
37
51
Conversions
—
—
—
—
9
Franchise buybacks
(45
)
(61
)
(12
)
(17
)
(11
)
Salons closed
(1
)
(1
)
(1
)
(4
)
(3
)
Total franchise salons
184
201
230
210
194
Total, SmartStyle/Cost Cutters in Wal-Mart
1,681
1,464
1,263
1,071
916
STRIP CENTERS
Company
-
owned salons:
Open at beginning of period
2,310
1,928
1,476
1,383
982
Salons constructed
167
166
85
69
114
Acquired
248
162
361
40
230
Franchise buybacks
94
133
85
36
111
Less relocations
21
8
3
2
8
Salon openings
488
453
528
143
447
Conversions
(3
)
(8
)
(13
)
(4
)
(13
)
Salons closed
(67
)
(63
)
(63
)
(46
)
(33
)
Total company-owned salons
2,728
2,310
1,928
1,476
1,383
Franchise salons:
Open at beginning of period
2,105
2,172
1,988
2,011
1,740
Salons constructed
154
146
147
150
131
Acquired(2)
7
—
198
—
292
Less relocations
13
10
10
12
10
Salon openings
148
136
335
138
413
Conversions
6
8
13
5
18
Franchise buybacks
(94
)
(133
)
(85
)
(36
)
(111
)
Salons closed
(63
)
(78
)
(79
)
(130
)
(49
)
Total franchise salons
2,102
2,105
2,172
1,988
2,011
Total, Strip Centers
4,830
4,415
4,100
3,464
3,394