SOURCE: Accruent

September 11, 2007 13:25 ET

Regal Entertainment Group and Accruent Featured at NRTA 2007 Annual Conference

Executives Cover the Importance of Effectively Controlling the New Store Development Process to Prevent Negative Operational Impact of Delays

SANTA MONICA, CA--(Marketwire - September 11, 2007) - Accruent, Inc., the leading provider of Real Estate Performance Management (RPM) solutions, today announced that Regal Entertainment Group (NYSE: RGC) and Accruent will jointly lead a course at the National Retail Tenants Association's (NRTA) 2007 Annual Conference. Titled, "The Store is On Track for a Smooth Landing!," the class is scheduled for Monday, September 17 at 8:30 a.m. The annual NRTA event will be held at the JW Marriott Starr Pass in Tucson, Arizona on September 16 - 19.

The course, conducted by Nancy Nitzberg, director of real estate resources at Regal and Bart Waldeck, Accruent's vice president of product strategy and product marketing, will educate attendees about the benefits of effectively managing the deal management and new store development process including identifying, developing, and opening new locations. Nitzberg and Waldeck will also share insights on how to optimize these key segments of the real estate lifecycle.

"There's little in retail real estate that's as difficult to administer -- or as far-reaching -- as the store development process," said Waldeck. "Timelines are unforgiving, and literally every hour a store opening is delayed, retailers lose sales. This impacts earnings, margins, and stock price as well as manufacturing, inventory control, and staffing. Our presentation will address the effective management, control and coordination of the entire process, and discuss the impact on both internal and external stakeholders."

The NRTA conference is an educational event that consists of 52 courses, covering a wide range of topics such as leasing, regulatory compliance, tax issues, construction trends, and negotiation skills. Expected to attract more than 550 lease administration professionals, the event is widely considered the premier learning forum for lease administrators, company attorneys, and other real estate professionals responsible for managing commercial lease portfolios.

About Accruent, Inc.

Founded in 1995, Accruent leads the industry with a new generation of solutions designed to fully leverage real estate assets and decisions as an enterprise competitive advantage. Accruent Real Estate Performance Management (RPM) solutions maximize the impact that real estate properties -- stores, restaurants, local branches, and corporate offices -- have on company performance by driving revenue growth, reducing costs and achieving financial compliance. More than 340 of the world's largest companies, including 20 percent of the Fortune 500 and 40 percent of the Top 100 Retailers use Accruent's solutions. In addition, Accruent couples the broadest and deepest real estate data set and advanced business intelligence to bridge the gap between daily operations and strategy. For more information, please visit www.accruent.com.

Editor's Note: All Accruent brand and product names are trademarks or registered trademarks of Accruent, Inc., in the United States and other countries. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

Contact Information

  • Press Contacts:
    Robyn Fernsworth
    Kickstart Consulting for Accruent
    415-346-5260
    Email Contact

    Kathy Fischer
    Marketing Communications Manager
    Accruent, Inc.
    416-643-1388
    Email Contact