We are very optimistic about outlook for spring – SCVL CEO
19 Mar '10
3 min read
Store Growth During fiscal 2009, 16 new stores were opened and nine were closed to end the year at 311 stores. No stores were opened in the fourth quarter and six were closed. On a net basis, selling space increased 37,000 square feet during fiscal 2009 bringing total retail selling space to 3.4 million square feet.
In fiscal 2010, we expect to open approximately 10 to 15 stores, three of which are expected to open in the first quarter. We expect to close approximately 10 to 13 stores during the fiscal year.
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
