SHOPPERTRAK RELOCATES HEADQUARTERS TO LARGER DOWNTOWN CHICAGO SPACE
Ongoing Growth Prompts Move to New Location
CHICAGO - July 7, 2005 - ShopperTrak RCT, the world`s leading provider of retail intelligence solutions and services, today announced it has relocated its world headquarters to a more spacious Loop location to better accommodate the company`s ongoing growth.
During the last 10 years, ShopperTrak has become the preferred provider of retail intelligence solutions for malls, casinos, retailers and other businesses and industries that rely on foot traffic.
The overwhelming demand for these solutions has prompted the company`s employee base to expand from only six people in 1996, to more than 80 today, including the addition of key members of its executive team, like recently appointed president and CEO Jan Davis.
The new downtown headquarters, located at 200 W. Monroe St., provides ShopperTrak with the resources necessary to respond to the increased demand for its traffic counting technology solutions. The company was previously located on Chicago`s west side at 5511 North Cumberland Ave.
ShopperTrak`s products, which include Orbit, the Retail Traffic Analyzer, the National Retail Traffic Index (NRTI) and the National Retail Sales Estimate (NRSE), provide businesses with the industry`s most accurate data on retail trends, the impact of staff performance on company revenues, labor efficiencies, advertising and marketing effectiveness, the impact of store design and remodeling programs, merchandise changes, associate training programs, and other budget-intensive strategic initiatives.
"This transition to an upgraded headquarters is a key milestone in our company`s history," said Ms. Davis. "As our client base continues to expand, a larger, more versatile headquarters was needed to better accommodate our immediate needs and facilitate our future growth."
A privately held entity, ShopperTrak leverages 20 years of retail expertise to be the industry`s authority for information and analysis of the movement of shoppers in retail environments. ShopperTrak`s cutting-edge shopper tracking products and indices offer retail intelligence solutions that enable companies to better understand retail trends and the impact of store and staff performance on company revenues. Currently, ShopperTrak has 40,000 units installed throughout 43 countries in the world`s best known retail outlets and malls.
ShopperTrak maintains seven satellite offices across the United States, Asia, Australia and Europe.
About ShopperTrak RCT Corporation
Chicago-based ShopperTrak RCT Corporation is the world`s leading provider of information and intelligence to the retail, gaming, hospitality and entertainment industries. Its products and solutions, including the Orbit shopper traffic counting system the National Retail Sales Estimate (NRSE) and other information products and software tools, give the company`s clients the tools they need to make effective business decisions. ShopperTrak operates six offices in the United States and has three international distributors. The company can be reached at 773-631-7777 or on the Internet at .
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Contact:
Aaron Martin
Senior Consultant
312.943.9100 (voice)
312.943.9668 (fax)
amartin@sphillips.com
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