
Where they started
Cavender's was ready to accelerate growth but didn't have the in-house data science resources to evaluate markets at scale. They needed more than software. They needed an embedded team that could build custom models, audit their portfolio, and help them move with confidence.
What they did, step by step
Step 1
Discovery
Mapped store performance to identify which markets and customer profiles drive revenue
Step 2
Labs forecast
A glass box forecasting model built on Cavender's actual sales data, reviewed weekly with the team
Step 3
Portfolio audit + market prioritization
Evaluated every existing store and ranked the underserved markets with the most potential
Step 4
Cannibalization analysis
Flagged overlap risks before committing to new sites, avoiding ~$2M in bad locations
Step 5
Direct team access
Dedicated data scientists on weekly calls, building and refining the model alongside Cavender's real estate team
Step 6
Committee reports + quarterly reviews
Committee-ready site reports, and quarterly strategic reviews with updated findings
Before and after
Immediate ROI. The Labs engagement saved ~$2M in avoided bad sites, replaced $200K/yr in external consultant fees, and accelerated time-to-revenue by 4 months per location.
927
New stores a year, 2024 to 2025.
2,000+
Sites evaluated across new and existing markets.
$2M
Roughly what Cavender’s saved by skipping three poor locations the analysis caught.
$200K
A year in consultant fees, replaced.
“Other services hide behind black-box models that are hard to trust. The beauty of GrowthFactor is they make site selection incredibly simple, and give us clear unbiased recommendations.”
Mike CavenderCo-Owner and Head of Real EstateMore stores, more stories

619
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153
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28
Lil Sweet Treat went from 2 locations to 8 in a year. Two founders, no analysts.

5
Prime locations Books-A-Million won at auction, from about 700 sites analyzed in 72 hours.
Bring the site you’re weighing
Live in a daySOC 2 compliantMIT Sloan Most Disruptive MBA Startup, 2025
