"Every year we close 300-400 stores anyway, just relocations"
- Jim Cantalupo
About this Quote
In this quote, Jim Cantalupo is talking about business method of closing shops and moving them. He states that every year, the business closes a considerable number of stores, ranging from 300 to 400. However, he clarifies that these closures are not permanent, however rather a form of moving. This suggests that the business is constantly examining and adjusting its store locations to much better serve its consumers and improve its overall efficiency. By utilizing the term "relocations," Cantalupo suggests that these closures are not a sign of failure or decrease, however rather a strategic relocate to enhance the company's operations.
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