We have signed a lease to add another two stores to the Sophie Randall group. This will provide us with three locations under our ownership with which to test the new multi-store facilities in our software. While the Sophie business has its own team and stands along economically, having a growing retail group within which to further develop group level software provides us with an excellent opportunity. Multi-store facilities are exciting in that they enable groups to manage at the individual and or corporate level.
The first Sophie store opened six months ago. These two new stores will be open in a few weeks. Our new multi-store facilities will launch at just the right time.
Outside of enhancing our multi-store facilities, Sophie also provides us with excellent learnings about the requirements for gift shop software.