Retail tech company Retale has picked Chicago for the base for U.S. operations.
The subsidiary of Bonial International Group makes information from retail sales papers available via a mobile app and website.
Retale will set up offices at 525 W. Monroe and expects to eventually have a staff of 60, including developers, designers and sales team members, Chicago Business Journal reports.
“The central location to our clients, access to technology and retail talent, and two major airport thoroughfares here was paramount in making our decision,” Retale U.S. President Pat Dermody said in an announcement posted by WorldBusinessChicago.com.
Bonial, a global network for location-based shopping information, has 12 million users worldwide and 230 employees.