The fast-food chain’s breakfast launch came on the doorstep of COVID-19. But while the pandemic might have slowed momentum, it hardly stopped it. You’ve got to be kidding. That was Wendy’s U.S. president and chief commercial officer Kurt Kane’s first… Read More
Foodservice and drinking places provided nearly a quarter of the U.S. employment increases in June as the jobless rate remained steady at 5.9%, the U.S. Bureau of Labor Statistics reported Friday. Total nonfarm payroll employment rose by 850,000 in June, the… Read More
The SN Top 50 Retailers report is compiled in partnership between Supermarket News and research partner IGD, a leading UK-based analysis and insight organization for the food and consumer goods industry. The following table includes the rankings of the Top… Read More
COVID-19 accelerated pre-existing trends in the retail industry, prompting changes in the way cities govern that will last far beyond the pandemic, according to the National League of Cities’ (NLC) new report, The Future of Cities: Reenvisioning Retail. The report’s analysis… Read More
The $5.5 trillion stimulus is rippling through the economy. In a recent company video, John Chang, senior vice president and director of research services at Marcus & Millichap, said that stimulus money is driving wage pressure and inflation. It is… Read More
The CRE Finance Council (CREFC) released results of its second quarter board of governors’ sentiment survey. Results pointed to a “continued positive outlook for commercial and multifamily real estate finance.” “As restrictions are lifted in states across the country and the economy… Read More
More than 3.7 million diners were seated in May via Yelp, the highest amount the company has ever recorded, even when compared to pre-pandemic highs. The number of diners seated via Yelp in May increased 48 percent compared to 2019…. Read More
In spite of a brief slowdown caused by the COVID-19 pandemic last year, medical practices are back to leasing space at shopping centers throughout the country. “We’ve seen an uptick in growth of these types of tenancies as consumers continue… Read More
The first panel discussion of the GlobeSt. Net Lease event wasted no time in addressing the elephant (or, more accurately with Democratic control over the legislative and executive branch, the donkey) in the room: The potential elimination of the 1031 exchanges… Read More
Hands down, the industrial asset class has become a favorite among net lease investors and, for that matter, the larger commercial real estate space. But behind that category, retail and office are jockeying for favor as well, with some surprising… Read More