Supercuts 2002 Annual Report Download - page 13

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Table of Contents
10
1998 1999 2000 2001 2002
SMARTSTYLE/COST CUTTERS IN WAL-MART
Company
-
owned Salons:
Open at beginning of period
198
293
386
547
722
Salons constructed
48
96
126
152
125
Acquired
47
43
38
17
Less relocations
3
5
4
1
Net salon openings
95
93
164
186
141
Conversions (1)
(9
)
Salon closed or sold
(3
)
(2
)
(2
)
Open at end of period
293
386
547
722
861
Franchised Salons:
Open at beginning of period
117
136
158
148
194
Salons constructed
19
22
33
39
37
Acquired (4)
2
Less relocations
1
Net salon openings
19
22
33
40
37
Conversions (1)
(43
)
9
(17
)
Salon closed or sold
(3
)
(4
)
Open at end of period
136
158
148
194
210
STRIP CENTERS
Company
-
owned Salons:
Open at beginning of period
423
500
667
982
1,383
Salons constructed
7
60
83
114
69
Acquired
47
143
276
341
76
Less relocations
3
3
8
2
Net salon openings
54
200
356
447
143
Conversions (1)
38
(25
)
3
(13
)
(4
)
Salon closed or sold
(15
)
(8
)
(44
)
(33
)
(46
)
Open at end of period
500
667
982
1,383
1,476
Franchised Salons:
Open at beginning of period
1,566
1,579
1,615
1,740
2,011
Salons constructed
96
106
164
131
150
Acquired (4)
30
147
184
Less relocations
3
4
12
10
12
Net salon openings
123
102
299
305
138
Conversions (1)
(38
)
(2
)
(135
)
15
(78
)
Salon closed or sold
(72
)
(64
)
(39
)
(49
)
(83
)
Open at end of period
1,579
1,615
1,740
2,011
1,988