US Patent Issued to WALGREEN on Feb. 24 for "Systems and methods for space optimization in a retail environment" (District Of Columbia, Illinois Inventors)

ALEXANDRIA, Va., Feb. 24 -- United States Patent no. 12,561,707, issued on Feb. 24, was assigned to WALGREEN Co. (Deerfield, Ill.).

"Systems and methods for space optimization in a retail environment" was invented by Mark Christopher Palenik (Washington) and Ajumobi O. Udechukwu (Lake Forest, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for space optimization of a retail environment are provided. Example techniques may include calculating demand values associated with each of a plurality of departments that exist in the retail environment based on departmental data associated with each of the plurality of departments, the retail environment having a known amount of space; for each ...