Originally, the chain planned to increase its stores by 15%.That has been reduced to 10% growth. Yet the store count could beas much as 50% larger by the time it returns to industry standardprofitability levels.
"The stores we're opening are more efficient," said EricSchiffer, CEO. "They are not a distraction. We're in the middle ofa long-term turnaround."
Delaying openings could result in the loss of locations thatmight not be available again for a decade, particularly in infillareas in major markets such as Los Angeles, said Robert Kautz,executive VP and CFO. The company has opened eight stores thus farthis year, with the next opening scheduled for Nov. 17 in Tulare,CA,
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