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They didn't elaborate on 400 stores. I agree 400 would be stupid in the US... however if they are expanding to eur, aus and more stores in can, I'm all for it.
Take the 400 store openings with a grain of salt: Yes, they'll open 400 stores, but will also probably close 100 to 150 non performing stores - they do that every year.
That makes much better sense. I'd assume locations that underperform would be shut.
Opening 400 closing 150 tell me they don't do their market research very well....
What's the buy back timeframe? Oh, they didn't give one...
They got some cheap location s in Dubai???