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Real estate industry

MapInfo Corporation Partners with Pep Boys to Optimize Strategic Site Selection and Market Deployment Initiatives

Strategic Insights

— 1 min read

MapInfo Corporation has announced a partnership with Pep Boys, the nation's leading full-service automotive aftermarket chain, to utilize MapInfo's location intelligence solutions. The partnership aims to help Pep Boys optimize its strategic site selection and market deployment initiatives by providing tailored research, services, and software. This collaboration enables Pep Boys to develop site and market sales forecasts, prioritize sites and markets for expansion, and determine the optimum number and placement of locations to maximize penetration and profitability.

Key Takeaways:

  • Pep Boys is utilizing MapInfo's location intelligence solutions to optimize its strategic site selection and market deployment initiatives.
  • The partnership enables Pep Boys to develop site and market sales forecasts, prioritize sites and markets for expansion, and determine the optimum number and placement of locations.
  • MapInfo has delivered tailored research, services, and software to Pep Boys, allowing the company to evaluate real estate opportunities before deciding on new locations.
  • Pep Boys is utilizing MapInfo's software and consulting services to evaluate its national real estate portfolio, determine relocation, consolidation, and new site opportunities.
  • The partnership has enabled Pep Boys to take a proactive approach to site evaluation, decreasing the time to market and improving its ability to execute real estate strategy faster than ever before.
  • Joe Cirelli, Senior Vice President - Service at Pep Boys, stated that MapInfo has enabled the company to evaluate real estate opportunities before heading out into the field.
  • Mike Hickey, COO at MapInfo, noted that developing a sound, strategic real estate expansion plan is crucial in today's business environment, and MapInfo's location intelligence solutions are designed to help companies achieve this goal.

Statistics:

  • Pep Boys operates almost 600 stores and has over 6,000 service bays across 36 states and Puerto Rico.
  • The company is utilizing MapInfo's solutions to evaluate its national real estate portfolio, with a focus on relocation, consolidation, and new site opportunities.
  • MapInfo's solutions are available in 20 languages and have a global presence, with strategic partners and distribution channels in 60 countries.

Sources:

  • "MapInfo Corporation Announces Pep Boys' Adoption of MapInfo's Location Intelligence Solutions" (PR Newswire, March 15, 2001)
  • "MapInfo Corporation" (Company Profile, MapInfo Corporation, accessed March 15, 2001)
  • Pep Boys (Company Profile, Pep Boys, accessed March 15, 2001)
  • "Factors Affecting Future Performance" (Company's most recent quarterly report on Form 10-Q filed with the Securities and Exchange Commission, accessed March 15, 2001)

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