Presenting at the recent financial day prior The Super Show, the small market operator said it will have 370+ doors by the end of the year in 20 states. Projected 2002 volume is $280 million. The recently added planning department has been charged with increasing inventory turn, which runs as one of the slowest in the industry.
Only one HIBB store is in a center that includes a closing K-mart unit. The company speculates that they will benefit from locations next to Wal-Mart locations where sales improve due to K-mart closings.
>>> Slow, steady and methodical wins the race…