The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jun. 29, 2021
Filed:
Jun. 04, 2020
Fifth Third Bancorp, Cincinnati, OH (US);
Arthur Eladio Weston, Union, KY (US);
Harish Nakra, Mason, OH (US);
Ramakrishna C. Peddu, Cincinnati, OH (US);
David Silas Jordan, Newport, KY (US);
Brian Lee Robinson, Loveland, OH (US);
Vinay Kumar Jha, Mason, OH (US);
Fifth Third Bancorp, Cincinnati, OH (US);
Abstract
A method and processing system for assessing of the health of a network of retail locations in a defined geographic area, by a process including the development of a greenfield benchmark score for a network of ideally sited locations, followed by the development of a brownfield score of current locations, for comparison to the greenfield score. The invention is further applicable to decisions to open a new location, relocate an existing location or close an existing location. In these cases, the effect of opening a new location, or relocating or closing an underperforming location is evaluated by recalculating the brownfield score after the addition of each of several potential new locations, and/or after relocating or closing each of several poorly performing locations.