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Arby’s uses location-based software to assess its market footprint
Redlands, Calif. -- Atlanta-based Arby's Restaurant Group has licensed Esri’s Business Analyst software and business data to help with corporate decision making. Arby's is using the location-based system to more accurately assess its restaurants and trade areas including growing, remodeling, and relocating restaurants.
"Esri's Business Analyst has saved our GIS analyst countless hours and has had a positive impact on the Business Development department," said Dave Conklin, senior VP business development, Arby's Restaurant Group.
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Charming Shoppes and Collective Brands are acquired
New York -- The retail industry is still assessing the impact of two major deals that occurred within 24 hours of each other. On Tuesday, May, 1, shoe manufacturer Wolverine Worldwide Inc. and equity firms Blum Capital Partners and Golden Gate Capital agreed to acquire footwear giant Collective Brands Inc., operator of Payless Shoe Source, in a deal valued at $2 billion, including assumption of debt. And on Wednesday, May 2, Ascena Retail Group said it will acquire Charming Shoppes Inc., parent company of Lane Bryant, for about $890 million.