Restaurant Depot Selects Intalytics to Assist with New Market Expansion
"We are always looking for opportunities to expand our unique concept into new markets and in-fill opportunities in existing ones," said Richard Kirschner, CEO of Restaurant Depot. "For that, we need a strong analytic partner to help us identify untapped potential where it exists. We selected Intalytics because of its strong reputation for innovative solutions and talented research team."
Intalytics will develop a forecasting model to assist Restaurant Depot in identifying and quantifying the sales potential for new unit deployment across the U.S. As an operator primarily catering to businesses, Restaurant Depot's specific market drivers will be unique to the cross-section of restaurants and foodservice operations that they serve. To aid Restaurant Depot's site selection process, Intalytics will integrate all analytics developed into its proprietary SiteIntel platform.
"We are excited to announce this new partnership with Restaurant Depot," said Gary Faitler, Director at Intalytics. "Their leadership in the wholesale cash and carry space creates real opportunity for continued growth. Our forecasting system, calibrated to their distinct business model, will shed light on remaining supportable store potential across the nation."
About Restaurant Depot
Located in 33 states, Restaurant Depot is the nation's leading wholesale cash and carry foodservice supplier. Since 1990, they have been supplying independent food businesses quality products from expansive warehouse stores. They are a members-only concept offering free membership to qualified entities such as restaurants, caterers, foodservice distributors, and non-profit organizations. Restaurant Depot is recognized in the industry for simplifying the process of buying food, equipment, and supplies with no minimum purchase requirements to realize true savings.
Intalytics provides world-class predictive analytics tools, technologies, and consulting to restaurants, retailers, financial institutions, healthcare providers, service organizations, and private equity firms seeking location-centric insights. Founded in 2007 by four leading practitioners in the field of predictive analytics, Intalytics leverages cutting-edge modeling techniques, third-party datasets, and web-based analytical tools to deliver innovative, accurate and actionable real estate and marketing solutions.