{"id":19108,"date":"2022-04-07T08:41:57","date_gmt":"2022-04-07T15:41:57","guid":{"rendered":"https:\/\/marketdepth.com\/?p=19108"},"modified":"2022-04-07T08:41:58","modified_gmt":"2022-04-07T15:41:58","slug":"imac-holdings-completes-walmart-pilot-program","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/imac-holdings-completes-walmart-pilot-program\/","title":{"rendered":"IMAC Holdings Completes Walmart Pilot Program"},"content":{"rendered":"\n

IMAC Holdings, Inc. (NASDAQ: IMAC) reported<\/a> successful completion of its pilot program for The Back Space retail chiropractic concept located in select Walmart stores.\u00a0 The company is committed to tripling its store count within at least 20 additional locations over the next twelve months with a further goal of adding significantly more stores over the next three years.\u00a0 \u201cWe are excited to guide our prospective franchisees with the experience gained during our ten-store pilot program. During the pilot, we learned that our price point resonates well with consumers and a potential price increase could yield increased revenue without diminishing the consistent desire for care,\u201d said Dr.\u00a0Ben Lerner, Chief Operating Officer of\u00a0IMAC. \u201cSimilar models by competitors have proven an increased demand for spinal health that this fragmented industry has yet to meet. We believe our location inside Walmart stores and the foot traffic therein provides a significant competitive advantage.\u201d<\/p>\n\n\n\n

\u201cThe initial interest from franchisees has been strong using only our internal marketing efforts. As such, we do not expect that it will be necessary to engage brokers to sell franchises in the foreseeable future which will allow us to retain a greater portion of the franchise fee to support our franchisee\u2019s development efforts. The feedback has consistently referenced our lower initial investment requirements compared to other chiropractic franchisors. We believe this helps expand our brand at an accelerated pace as compared to solely opening corporate owned storefronts.\u201d<\/p>Jeff Ervin, Chief Executive Officer of\u00a0IMAC<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"IMAC Holdings, Inc. (NASDAQ: IMAC) reported successful completion of its pilot program for The Back Space retail chiropractic concept located in select Walmart stores.\u00a0 The company is committed to tripling its store count within at least 20 additional locations over the next twelve months with a further goal of adding significantly more stores over the… View Article<\/a>","protected":false},"author":3,"featured_media":19109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[31,17,11,7,16],"tags":[],"acf":[],"yoast_head":"\nIMAC Holdings Completes Walmart Pilot Program - MarketDepth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketdepth.com\/imac-holdings-completes-walmart-pilot-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMAC Holdings Completes Walmart Pilot Program - MarketDepth\" \/>\n<meta property=\"og:description\" content=\"IMAC Holdings, Inc. (NASDAQ: IMAC) reported successful completion of its pilot program for The Back Space retail chiropractic concept located in select Walmart stores.\u00a0 The company is committed to tripling its store count within at least 20 additional locations over the next twelve months with a further goal of adding significantly more stores over the... 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