PLANET Reformat

- Modeled after Lowe's Stores

- First DIY store in Istanbul owned by a Turk

- Was in a crisis management situation from day to day - associates, cash and inventory

- Lots of new big box DIY stores entering the market from France and Germany

- Suppliers would not sell to Company

- Deteriorating sales performance

Result: PLANET was repositioned to have a strong assortment of home textiles, two new stores were opened and the Company was sold to a competitor.