Famous quote by Jim Cantalupo

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I think this year well open up 900 gross, were closing some, so the net count is lower, but the 900 are spread all over
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"I think this year we'll open up 900 gross, we're closing some, so the net count is lower, but the 900 are spread all over the place. Some of the closures are relocations, where you're moving it to another place in the marketplace"

- Jim Cantalupo

About this Quote

In the quote by Jim Cantalupo, there are several bottom lines about service method and operations that can be unpacked. Cantalupo is going over the dynamics of shop openings and closures within a business, likely within the retail or restaurant industry, though this reasoning could apply to different sectors.

To start with, the statement discusses the opening of "900 gross" locations within the year. The term "gross" here refers to the total variety of new areas opened without accounting for any that are being closed. This shows a substantial expansion effort by the company, signaling development aspirations and self-confidence in their organization design or market demand. Expanding in numerous locations ("spread all over the location") suggests a method aimed at capturing a more comprehensive client base and increasing market penetration, perhaps to leverage increased brand acknowledgment or economies of scale.

However, while acknowledging this growth through new openings, Cantalupo likewise discusses "closing some" places, which affects the "net count." The net count shows the overall variety of operational locations after deducting those that have actually closed. This caution introduces the truth of business operations where not all places will stay feasible or fulfill efficiency expectations. It might likewise reflect tactical choices to exit unprofitable markets or to streamline operations in line with broader organization goals.

The mention of "relocations" sheds further light on the closure method. Rather than just exiting markets, the company might be enhancing its positioning by moving existing stores to potentially more lucrative or strategic areas within the exact same market. This moving can be seen as an effort to better fulfill customer requirements, improve logistic efficiencies, or take advantage of much better real estate chances. By doing so, the company preserves its existence in crucial markets while striving for more reliable operations.

In general, Cantalupo communicates a nuanced approach to growth: aggressive development balanced by strategic closures and movings to maximize overall company health and market positioning.

About the Author

Jim Cantalupo This quote is written / told by Jim Cantalupo between November 14, 1943 and April 19, 2004. He was a famous Businessman from USA. The author also have 27 other quotes.

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