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Actually, forecasting sales and expenses and setting budgets for numerous points of the business needs to be accomplished periodically in the same method pretty much as good startup forecasts are developed, contemplating any adjustments and anticipating any threats or alternatives along the way.
Leases have been signed for several stores, together with at least one which Mr. Drexler pushed for, that failed to open in a timely manner, running up costs in areas like Manhattan’s Flatiron neighborhood, according to three individuals familiar with the plan.