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5 growth strategies to find your next best location
Technology is leveling the playing field for restaurant and retail operators. The increased democratization of data means that powerful location strategy tools that were once only affordable for large chains are now accessible to even small businesses. At the same time, capabilities are continuing to race forward with more detailed, accurate and transparent data that is backed by powerful A.I. and machine learning that help operators make smarter decisions and avoid costly mistakes.
After seven decades of service, Crew Carwash is teaming with SiteZeus for more automotive outlet options
Back in 1948, it was only one of 18 such businesses in the entire United States. Founder Joe Bahm opened the original Mike’s Minit Man, and with it, Indiana’s first automated car wash. Now, 70 years later, the renamed Crew Carwash is dominating the area with attention to service and commitment to their customers. With 30 outlets, including several providing self-serve wash bays, this is a company that cares about your satisfaction, while applying the principles of safety, integrity, fun, team-work, and accountability to each and every interaction with the public.
What’s more important for franchise growth: the market or the location?
When developing a strategy for developing a franchise system, franchisors often follow different paths. In some case’s the path a franchisor selects will depend upon a number of factors, the type of franchise, its size, required investment and system maturity. Based upon these attributes franchisors will usually migrate to one of the following approaches:
RECon’s right around the corner
RECon is the premier gathering place for retail real estate professionals to conduct a year’s worth of business in just three days! Stop by Booth N1448 for a brief demo to learn more about our services. Want to schedule a private meeting in Vegas? Start by filling out this form below.
These 12 A.I. companies are transforming retail & e-commerce
Retail e-commerce is one of the biggest revenue making sectors of the enterprise and if you don’t know that already take a quick look at Alibaba and Amazon. Online shopping is yet another sector that is slowly and surely being transformed by AI and scientific breakthroughs have opened the doors for vast amounts of data to be leveraged in the retail market. This big data makes it possible to have AI powered interactions with customers that involve product recommendation, customized searches and even personal assistance.
Data science fever sweeps the retail and restaurant industries
Called the “Sexiest job of the year” by the Harvard Business Review and listed as the number-one best job in America on Glassdoor’s most desirable jobs list for 2016, data scientists are here and in high demand. The postings for such job positions on hiring sites like LinkedIn read like a who’s-who of CPG and QSR: Starbucks, Arby’s, General Mills, Miller Coors, Kohl’s, Macys, and the list goes on.
Anatomy of a perfect location, with and without big data
What’s a heuristic? In layman’s terms, it’s judging a book by its cover. It’s when you decide on something based on limited information, just like Pavlov’s dog salivating when it hears a bell. As humans, we use this approach constantly because it’s incredibly efficient. Instead of watching an entire movie, we first look at the trailer. Before eating an entire meal, we first look at the menu. And when choosing retail locations, we simply glance at ten or so factors, make a call, and call it a day.
Food delivery apps are changing the game
Today’s consumers expect the same level of simplicity for online retail, as they do for dinner. As a result, food delivery services have exploded in popularity and have now grown large enough to impact the industry that they serve…
CREvolve Episode 7: Location Intelligence Data Collectors SiteZeus
Streamed live on Jan 9, 2017: Watch as Keenan joins Bucky, Julie, and Rivers as they discuss the state of commercial real estate brokerage and the tech that drives deals.
Emerging brands breakout: Learn how technology has opened up the playing field
While technology seems to shrink objects over time, it super-sizes their performance. Once room-sized, computers have now folded up into our briefcases. Telephones have dwindled into tiny pocket-sized mirrors. And business intelligence analytics? Analytics have been shrunk, packaged, and made affordable to even the most spendthrift sole-proprietors…
Fast-food flocks to SiteZeus— Burger King franchisee giant TOMS King the latest to sign on
TOMS King, a massive Burger King franchisee with over 100 restaurants across 5 states, has officially joined on with SiteZeus. The partnership is the latest in a growing trend of large fast-food companies taking advantage of artificial intelligence for location and data-based decisions.
Fresh and franchise-savvy Costa Vida does site selection the smart way
Inspired by the coastal Mexican lifestyle to bring authentic, energetic and passionately prepared dishes to their own neck of the woods, the Gardner’s have made a splash with Costa Vida. With handmade tortillas, slow-cooked meat and all-natural ingredients, it’s no surprise that over 75 locations have opened across the country since 2003.