Supercuts 2007 Annual Report Download - page 10
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9
2007
2006
2005
2004
2003
SMARTSTYLE/COST CUTTERS IN WAL-MART
Company
-
owned salons:
Open at beginning of period
1,739
1,497
1,263
1,033
861
Salons constructed
242
215
194
174
168
Acquired
—
—
—
—
2
Franchise buybacks
21
31
45
61
12
Less relocations
(2
)
(2
)
(1
)
—
(
5
)
Salon openings
261
244
238
235
177
Conversions
—
1
—
—
—
Salons closed
—
(
3
)
(4
)
(5
)
(5
)
Total company-owned salons
2,000
1,739
1,497
1,263
1,033
Franchise salons:
Open at beginning of period
164
184
201
230
210
Salons constructed
8
11
29
33
33
Salon openings
8
11
29
33
33
Franchise buybacks
(21
)
(31
)
(45
)
(61
)
(12
)
Salons closed
—
—
(
1
)
(1
)
(1
)
Total franchise salons
151
164
184
201
230
Total, SmartStyle/Cost Cutters in Wal-Mart
2,151
1,903
1,681
1,464
1,263
STRIP CENTERS
Company
-
owned salons:
Open at beginning of period
3,031
2,728
2,310
1,928
1,476
Salons constructed
101
180
167
166
85
Acquired
193
122
248
162
361
Franchise buybacks
72
104
94
133
85
Less relocations
(17
)
(21
)
(21
)
(8
)
(3
)
Salon openings
349
385
488
453
528
Conversions
—
(
2
)
(3
)
(8
)
(13
)
Salons closed
(63
)
(80
)
(67
)
(63
)
(63
)
Total company-owned salons
3,317
3,031
2,728
2,310
1,928
Franchise salons:
Open at beginning of period
2,004
2,102
2,105
2,172
1,988
Salons constructed
135
135
154
146
147
Acquired(2)
—
—
7
—
198
Less relocations
(19
)
(18
)
(13
)
(10
)
(10
)
Salon openings
116
117
148
136
335
Conversions
—
2
6
8
13
Franchise buybacks
(72
)
(104
)
(94
)
(133
)
(85
)
Salons closed
(50
)
(113
)
(63
)
(78
)
(79
)
Total franchise salons
1,998
2,004
2,102
2,105
2,172
Total, Strip Centers
5,315
5,035
4,830
4,415
4,100