ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

SmileDirectClub Expands SmileShop Reach With Openings Across the US

NASHVILLE, Tenn., July 11, 2023 (GLOBE NEWSWIRE) -- SmileDirectClub, Inc. (Nasdaq: SDC), the med tech oral care company with the first telehealth platform for teeth straightening, today announced the opening of 18 new locations of its patented SmileShop concept, bringing the Company’s retail footprint to 128 locations across the globe. The expansion comes as SmileDirectClub celebrates its two millionth aligner customer served through its orthodontic telehealth platform.

These SmileShop openings mark the first expansion of the Company’s retail footprint in the U.S. since the beginning of the 2020 pandemic. The additional locations will provide even more consumers with the opportunity to begin their smile journey through the Company’s doctor-directed digital orthodontia telehealth platform.

“SmileDirectClub’s patented SmileShop revolutionizes the way consumers access oral care by providing a safe, doctor-directed, and convenient experience,” said David Katzman, CEO and Chairman, SmileDirectClub. “The expansion of our retail portfolio underscores our commitment to providing an elevated, omni-channel experience that gives customers a choice on how they access premium, affordable oral care. By blending the strengths of digital and traditional retail, along with high-tech solutions like our new SmileMaker Platform, we're working to provide our customers with options that previously did not exist in traditional dental care."

The new SmileShops will allow the Company to efficiently expand its reach without cannibalizing existing outlets, and to service incremental customer demand generated by new channels like the AI-powered SmileMaker Platform, which was launched in the U.S. in April. The patented SmileMaker Platform allows customers to access their Custom Smile Plan within minutes by creating a 3D scan of their teeth using a mobile device. Once a customer receives their Custom Smile Plan, they will go to either a local SmileShop for a 3D scan or complete a doctor-prescribed Impression Kit.

SmileDirectClub was issued a patent by the United States Patent & Trademark Office for its SmileShop concept in 2020. The patent encompasses the unique SmileShop concept and process, including scheduling of an appointment at a SmileShop, sending the scheduling confirmation to the customer, conducting the intraoral scan, generating a treatment plan, receiving approval of the treatment plan by a licensed dentist or orthodontist, producing aligners in accordance with the treatment plan, and sending those aligners to the customer.

Last month, SmileDirectClub opened SmileShops in the following cities (in alphabetical order): Artesia, CA; Cleveland, OH; Dearborn, MI; Flourtown, PA; Friendswood, TX; Fullerton, CA; Great Neck, NY; Harlem, NY; Indianapolis, IN; Glen Ellyn, IL; Long Beach, CA; Los Angeles, CA; Manhattan, NY; Paramus, NJ; Royal Oak, MI; Spring, TX; St Louis, MO; and Wilkinsburg, PA. To locate the nearest SmileShop or to book an appointment, customers can visit SmileDirectClub.com.

About SmileDirectClub
SmileDirectClub, Inc. (Nasdaq: SDC) (“SmileDirectClub”) is an oral care company and creator of the first medtech platform for teeth straightening. Through its cutting-edge telehealth technology and vertically integrated model, SmileDirectClub is revolutionizing the oral care industry. SmileDirectClub’s mission is to democratize access to a smile each and every person loves by making it affordable and convenient for everyone. SmileDirectClub is headquartered in Nashville, Tennessee, USA. For more information, please visit SmileDirectClub.com.

Contacts:
SmileDirectClub Media Relations: Press@SmileDirectClub.com


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.