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Thursday, November 08, 2007 4:57:39 PM
If memory serves me, they are pretty close to opening some new stores also. Not expensive, but I think you will see some PR's soon stating new openings. The important thing was to complete the hacketts deal before the new stores so they can all be under the same cookie-cutter approach.
Its releatively cheap to open stores. improvements, fixtures, inventory, computers.
With the relative cheap open retail space, you don't even have to pay rent for the first few months if the leases are negotiated properly. you wait 2-3 months so the money is rolling in before you have to outlay cash for rent..basically the same with inventory.
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