Popeyes Taps NAI ReStore and its Market Analytics to Map Expansion Plan in Canada
Toronto, Ontario, August 25, 2009) NAI ReStore and NAI ReStore’s Market Analytics have been retained by quick serve restaurant giant Popeyes to help develop an expansion plan for the chain to grow into Canada.
The assignment includes conducting market segmentation, competitive analysis, store performance and customer segmentation analyses as the chicken restaurant chain plans to expand in Toronto, Ontario, and eventually across Canada in the next five years. NAI ReStore, the retail arm of NAI Global and NAI Ashlar Urban, its Canadian brokerage operation, have been selected as the preferred broker for these new locations, and will serve as project managers as needed.
“Popeyes selected NAI ReStore and its Market Analytics for its extensive and exclusive abilities to provide real-time, accurate and detailed market demographic data around the world and its ability to then turn that data into immediate market penetration results on the ground,” said Russ Sumrall, Popeyes General Manager of the Americas.
Popeyes is the world's second-largest quick-service chicken concept based on number of units. As of July 12, 2009, Popeyes had 1,905 restaurants in the United States, Puerto Rico, Guam and 26 foreign countries. Popeyes primary objective is to offer excellent investment opportunities in its Popeyes brand and provide exceptional franchisee support systems and services to its owners. To learn more about Popeyes visit their consumer website at www.popeyeschicken.ca or the franchising site at www.popeyesfranchising.com .
NAI ReStore’s Market Analytics offers unique programs to help retailers, financial institutions and consumer goods organizations optimize their store, branch or distribution networks. Its state-of-the-art geo-demographic mapping and census data covers over 60 countries worldwide, including China, Mexico and India. With seamless market methodology, comprehensive street mapping and a proven road map to customer understanding through trade areas and plots, segmentation and customer identification, NAI ReStore’s Market Analytics is able to help clients make the right business decisions just about anywhere the world. Together, with NAI ReStore’s retail real estate commercial services across 325 offices in 55 countries, this information can then be immediately implemented and translated into on the ground results seamlessly and effectively worldwide. For more information, visit www.nairestore.com.
About NAI ReStore
NAI ReStore is a one-stop shop for retailers and retail property owners with multi-faceted national and global real estate needs. NAI ReStore enables its clients to maximize the value of their most important asset—their real estate—by delivering the most comprehensive, cost-effective and fully integrated real estate solutions worldwide.
NAI ReStore works closely with clients to increase their speed and efficiency in the acquisition, leasing and sale of retail properties. Its ability to manage individual projects as well as entire portfolios helps busy real estate departments achieve their goals more efficiently. With thorough due diligence, uniform presentations and reporting and seamless tracking of activities on a single transaction management platform, NAI ReStore eliminates the inefficiency and frustration of dealing with multiple service providers and systems across multiple geographies.
NAI ReStore manages the retail practice of NAI Global, a leader in retail real estate services and one of the largest commercial real estate service providers worldwide. With 5,000 professionals in 325 offices around the world, NAI offers more local market knowledge and insight than any other real estate service provider. Most NAI offices are locally owned by principals with deep roots in the local community. They’re familiar with the local developers, property owners and tenants, and understand local market dynamics. In short, our professionals have the business savvy, experience and contacts to add significant value in just about any situation. NAI completes over $45 billion in transactions annually, including over $12 billion in retail alone.
To learn more, visit www.nairestore.com.
About Ashlar Urban
Ashlar Urban is a full service real estate firm located in Toronto, Ontario and the Toronto area representative for NAI Global, the world’s largest managed network of real estate service-providers comprising 5,000 brokers in 325 offices serving in 55 countries throughout the world. Ashlar Urban’s professionals represent clients in all aspects of commercial real estate including multi-site acquisitions and dispositions, sublease, tenant/landlord representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.ashlarurban.com.
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