Store development and re-model process
A $7.5 billion regional grocer was planning to re-model a significant number of stores as part of a significant capital investment but lacked the organizational and analytical resources and capabilities to succeed.
The Radian defined process covers the full store development spectrum including: store selection, re-model construction scope, financial analysis, space optimization and grand re-opening activities.
The new processes covers the full spectrum from store selection, re-model scope, financial and economic analysis, space optimization, construction to grand re-opening activities.
Used Radian's new process and timelines to establish an implementation cadence that balanced organizational capacity and capital resources.
Results, Tools, and Deliverables
Defined a comprehensive re-model processes, with standard project plans, roles and responsibilities.
Developed an implementation plan that balanced workload and timelines with organizational resources and capacity.
Established a management and reporting structure.
Developed store re-model analytics and ‘scorecards’.
A sales increase of +9.1% exceeded business case projections of +7.7% for the first eight (8) store re-models.