Conversion of Franchise Stores to Company-Operated Stores
First written in FY2019-Q3. 8 of 9 entries say "Advanced", first in FY2019. Latest entry: FY2021.
10 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「In addition, we opened 1 new company-operated store and 5 new franchised stores, and converted 4 franchised stores to company-operated stores, while mainly closing unprofitable stores with little prospect of recovering sales. The total number of stores was 165, comprising 57 company-operated stores and 108 franchised stores.」
The company converted 4 franchised stores to company-operated stores, opened new stores and closed unprofitable stores, advancing the restructuring of store operations. - FY2021-Q3AdvancedAnnual report
「In addition, we opened 1 new company-operated store and 5 new franchised stores, and converted 4 franchised stores to company-operated stores, while closing unprofitable stores. The total number of stores was 168, comprising 58 company-operated stores and 110 franchised stores.」
The company converted 4 franchised stores to company-operated stores, opened new company-operated and franchised stores, and closed unprofitable stores, advancing the restructuring of store operations. - FY2021-Q2AdvancedAnnual report
「In terms of store expansion, we opened 1 new company-operated store and 1 new franchised store, and converted 4 franchised stores to company-operated stores, while closing unprofitable stores. The total number of stores was 166, comprising 60 company-operated stores and 106 franchised stores.」
The company proceeded with the conversion of 4 franchised stores to company-operated stores and the closure of unprofitable stores, bringing the total number of stores to 166. - FY2020AdvancedAnnual report
「In terms of store expansion, we opened 2 new franchised stores and converted 2 franchised stores to company-operated stores, while working to close unprofitable stores.」
The company converted 2 franchised stores to company-operated stores, representing further progress from the results reported through the previous quarter. - FY2020-Q3AdvancedAnnual report
「In terms of store expansion, the company opened 2 new franchise locations and converted 2 franchise locations to company-operated stores, while proceeding to rationalise unprofitable stores. The total was 185, comprising 64 company-operated stores and 121 franchise stores.」
The company converted 2 franchised stores to company-operated stores, demonstrating concrete progress from the 1 store reported in the previous quarter. - FY2020-Q2AdvancedAnnual report
「In terms of store expansion, we converted 1 franchised store to a company-operated store and opened 1 store overseas, while working to close unprofitable stores as part of the business turnaround.」
The company converted 1 franchised store to a company-operated store and continues to implement store-related measures aimed at turning around the business. - FY2020-Q1AdvancedAnnual report
「At the stores, we converted 1 franchised store to a company-operated store and are working to close unprofitable stores as part of the business turnaround.」
イタリアントマト converted 1 franchised store to a company-operated store and continues to implement store-related measures aimed at turning around the business. - FY2019AdvancedAnnual report
「In terms of sales, 株式会社イタリアントマト exceeded the previous year by converting some franchised stores to company-operated stores.」
The company states that it exceeded the previous year’s sales at イタリアントマト by converting some franchised stores to company-operated stores. - FY2019-Q3First statedAnnual report
「In terms of sales, 株式会社イタリアントマト exceeded the previous year by converting some franchised stores to company-operated stores.」
The company converted some of イタリアントマト’s franchised stores to company-operated stores, a measure that contributed to higher sales, mentioned here for the first time.