No. of Recommendations: 1
For comparison,

As of September 30, 2018, it operated 2,424 Chipotle restaurants in the United States,

https://finance.yahoo.com/quote/CMG/profile?p=CMG

Eateries can support more places than retail unless it's convenience stores. Ross has 1400 plus stores in 38 states. The number is large because they cater to lower income less mobile customers. Maybe this new generation has less of a love affair with cars.

Just remember that it's decreasing returns, you set up shop in prime places first.

Denny Schlesinger
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