500 new stores per year.
Uniqlo differentiates itself from retail competitors such as Zara and H&M. "We don't want to chase after 'fast-fashion' trends,' Fast Retailing's founder, Tadashi Yanai, told the Economist recently.
Instead, Uniqlo sells fewer items for long periods--but in a vast selection of colors, as many as 50 per item, for example (see photo).
Uniqlo is unique in another respect: It recently began working with Grameen Bank to bring up to 2,000 clothing manufacturing jobs to Bangladesh. To date, this seems to be the most ambitious attempt by a Japanese firm to launch a social business. Adding a social component to the fashion and selection component is an excellent way to improve the value proposition, IMHO.