We all know by now that the year 2020 was challenging for many businesses for a variety of reasons. With many states laying out restrictions, some businesses were thrust into e-commerce on zero notice, while other businesses were forced to think outside the box on how to reach their customers in new ways.
Franchise planning has been beyond challenging in the last 11 months and it’s still not easy. If you were established before 2020, your territory plan is probably out the window right now and the capacity you thought you had for smart retail growth might have changed significantly.
When Monarch Alternative Capital acquired Shopko Optical in May 2019, it became critical for the real estate team to have a powerful, easy-to-use site selection and analysis platform that would help the company continue to grow after opening 80 standalone locations.
“We needed an analytics tool to help us with mapping, evaluating real estate, and assessing trade areas,” says Donna Capichano, chief development officer at Shopko Optical. “The tool we were using previously was expensive and produced inaccurate results. It was time for something better.”
As we near the end of the year, there is a glimmer of hope: the COVID-19 vaccine has arrived in many states across the country and there is finally, after months of discussion, a distribution plan in place to get citizens vaccinated as soon as possible.
It has been a long time coming, but it’s finally here: the end of 2020 and the strangest and perhaps most difficult year for many in the retail industry.
Anyone who uses SiteSeer (or is familiar with our software) probably knows that we have partnerships with many different data providers. Whatever your analytics needs, if you want third-party data, SiteSeer can connect you with whatever data you are looking for.
We all know that 2020 has brought about many changes in the way people live—and where they live. With the ability to work from anywhere, many people have begun to rethink their priorities when it comes to deciding on the place they choose to call home…and why.