Comparatively, Home Depot is targeting a total of 6 new store openings for the year.
Management increased inventories in support of sales growth, new store openings, product introductions and higher product acquisition costs.
Like-for-like sales - which ignore new store openings - rose by 6.3% in the 6 weeks to 5 January.
Like-for-like sales - which strip out the effect of new store openings - fell 2.1% in the three months to 28 October.
Profits narrowed on increased materials costs, rising 18% in the fourth quarter, and on costs associated with new store openings and international expansion.
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Analysts are looking for 30% earnings growth next year driven by new store openings, operating leverage, and stabilization in the domestic housing market.
Like-for-like UK sales, which exclude new store openings, in the 13 weeks to 29 December fell 1.8% on the same period a year earlier.
Like-for-like sales, which strip out new store openings, were up 1.4%.
Total sales at Primark rose by 24% in the six months to 2 March, while like-for-like sales - which strip out new store openings - were 7% higher.
Like-for-like sales, which exclude new store openings, were up 7%.
New store openings will fuel growth in the Middle East (10 percent to 12 percent), while Brazil will see heavy investment by international brands (10 percent to 15 percent).
New Chief Executive James Cantalupo has cut back new store openings, announced a revamped advertising campaign, launched premium salads (copying Wendy's) and promised to bring back popular in-store games like Monopoly.
For Fabindia, converting suppliers into partners translates into deeper ties and a more efficient supply chain, enabling the 97-unit retailer to expand at the rate of 2 new store openings every month.
Although costs for things such as new store openings were higher than anticipated in the quarter, Best Buy stood by their original forecasts for sales, net income and expenses for the year.
Wall Street pays close attention to this metric as an indicator of growth potential, because strong figures suggest that a retailer does not depend on new store openings for revenue and earnings increases.
The world's fourth-biggest retailer smashed analysts' expectations on Tuesday when it said that its like-for-like sales (called same-store sales in the U.S.), which don't include new store openings, rose 4.9% in the six weeks to Jan. 9.
He likens home builders to retailers, whose pace of new-store openings generally slows during periods of rising interest rates and gas prices.
She oversaw additional store openings and the creation of new pieces and product lines in an effort to compete with a growing number of rivals with less- expensive offerings, including West Elm, a unit of Williams-Sonoma, and Chiasso of Chicago.
She oversaw additional store openings and the creation of new pieces and product lines in an effort to compete with a growing number of rivals with less expensive offerings, including West Elm, a unit of Williams-Sonoma, and Chiasso of Chicago, not to mention Chinese-made knockoffs of modernist pieces.
In 2014, 30 to 40 full price store openings are planned with 30-50 new outlets in 2014 through 2016.
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Given the earlier advertising and store openings, and the massive shifts in technological outreach, maybe we need a new name for this shopping period.
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