"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 is referring to the opening of 900 new shops in the marketplace. This is a net decline in the overall number of stores, as some stores are being closed. Nevertheless, the 900 brand-new stores are expanded across the marketplace, and some of the closures are due to relocations, where the stores are being relocated to another area in the marketplace. This suggests that the business is wanting to broaden its existence in the marketplace, while also combining its shops in particular locations. This could be a sign of the company's commitment to development and its desire to remain competitive in the market.