Accelerating the path to profitability for new stores
First written in FY2017-Q2. 4 of 9 entries say "Dropped", first in FY2017. Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3DroppedAnnual report
「The company worked to improve the profitability of each existing store and develop new stores, while also seeking to invigorate its stores through the development of original new products, among other measures.」
The expression "early ramp-up of newly opened stores" used in the previous filing does not appear here and has been replaced by "improving the profitability of existing stores" and "new store development." - FY2020-Q2Reintroduction of early ramp-up measuresAnnual report
「The company worked to establish newly opened stores and secure the operating performance of existing stores.」
The company again explicitly identifies establishing newly opened stores as a retail-business measure linked to product assortments and sales promotion. - FY2019-Q3DroppedAnnual report
「The company worked to offer product assortments and implement sales promotion measures suited to the location, format and customer base of each store, improve customer service skills, develop new stores, and secure the performance of existing stores.」
This filing does not include the previously used expression "establishing newly opened stores," which has been replaced by the expressions "new store development" and "securing the performance of existing stores." - FY2019-Q2Reintroduction of early ramp-up measuresAnnual report
「For each store format, the company worked to strengthen its product assortment and implement sales promotion measures, while working to establish newly opened stores and secure the performance of existing stores.」
The company again mentions establishing new stores, which was not explicitly stated in the previous full-year period, in connection with product assortments and sales promotion in the second quarter. - FY2018DroppedAnnual report
「Alongside an active policy of opening new stores for each brand, the company focused on raising brand awareness and acquiring new customers by implementing in-store promotions targeting each brand's customer base.」
This filing does not repeat the expression "early ramp-up of new stores," instead focusing on raising brand awareness and acquiring customers through new store openings and in-store promotions. - FY2018-Q3Reintroduction of early ramp-up measuresAnnual report
「Through store operations, product assortments and sales promotion measures that leverage the characteristics of each brand, the company worked to put stores newly opened during the fiscal year on a stable footing quickly and secure sales at existing stores.」
The company has again explicitly identified the early ramp-up of new stores, which was not mentioned in the previous full-year report, as a measure for its retail business in the current fiscal year. - FY2017DroppedAnnual report
「Due in part to the initial costs of new stores, the company recorded an operating loss of ¥285 million, compared with a loss of ¥280 million in the same period of the previous year.」
The company has not continued to mention early ramp-up of new stores, while the initial cost burden of new stores is cited as a factor affecting performance. - FY2017-Q3RestatedAnnual report
「The company worked to establish the select-format stores it operates, including "ラグライア," "スクラップブック," which primarily offers fashion accessories, and "ｍ0851," its directly imported leather collection.」
The company continues to work to quickly establish new stores and new formats, citing specific format names. - FY2017-Q2First statedAnnual report
「In addition to working to quickly bring new stores opened since the beginning of the previous fiscal year onto a stable footing, the company worked to boost sales at existing stores by offering product assortments tailored to the characteristics of each store and implementing effective sales promotion measures.」
For the first time, the company has explicitly identified bringing stores opened after new openings onto a stable footing as an operating measure for its retail business.