I talked about 12 to 18 months, and that's about reaffirming our foundation for sustained growth: getting the discipline back, getting the basics right, getting the customer focus back... so by the end of next year, I hope most of that's in place.
More Quotes from Jim Cantalupo:
I think we'll still be a family restaurant, we'll be contemporary, we'll be lifestyle, we won't be old, we won't be 60 years old in the view of the consumer.Jim Cantalupo
Every year we close 300-400 stores anyway, just relocations.
Jim Cantalupo
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
But in terms of store openings, there's just not a necessity, nor in my view at this point is this the best place we can spend our time.
Jim Cantalupo
So Europe's a big driver. And at one point, if the euro hadn't devalued, they would have been making as much money as the US with half the stores. Returns were higher.
Jim Cantalupo
But I tell you, I would really be interested if there was a partner we could take in, that could put them over here on the side, that would allow us full leverage and access down the road.
Jim Cantalupo
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