Retail

Tracking fixed assets across 1,500+ retail locations

1,500+

store locations tracked

Centralized fixed asset management across a national retail network.

01

Situation

A major Canadian retail company operates over 1,500 locations under various well-known brands, with a strong reputation for community support. Each store location contains machinery, display stands, and infrastructure investments that need to be tracked and valued.

02

Challenge

With 1,500+ locations, the company needed a consistent, scalable way to track the value of store-based fixed assets. Asset values needed to be precise and defensible — particularly when stores changed ownership or management, since all parties needed to agree on the value of assets involved in the transfer.

03

Solution

WorthIT provides a centralized system to track and manage all store-based assets across the entire network. Each store's fixed asset portfolio is maintained with standardized depreciation calculations and complete audit trails, giving both store owners and corporate executives accurate, real-time visibility into asset values.

04

Results

WorthIT became a central element of the store ownership and management transfer process, providing the authoritative asset valuations that all parties rely on. The system delivers precise, defensible asset values across the entire 1,500+ location network.

See how WorthIT can deliver similar results for your organization.

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Trusted by finance teams at

Canadian Tire Dealers AssociationScotiabankTTCCatalyst Credit UnionImperial Dade CanadaT&T SupermarketGWS Tool GroupMadonna Rehabilitation HospitalsMadison Metropolitan Sewerage DistrictYamaha

$1B+ in assets under management