Before Darin Harris began his tenure as Jack in the Box CEO in June 2020, the construction design team examined how to create the most efficient kitchen possible to maximize volume and develop an engine that enabled the brand to fit… Read More
One of Brian Niccol’s biggest surprises when he joined Chipotle in February 2018 sounds crazy, he admits. Even after nearly three decades of blazing the fast-casual trail, “we still have a lot of people that are experiencing the brand for… Read More
Quick-growing franchise Freddy’s Frozen Custard & Steakburgers is joining the “Restaurant of the Future” ranks. And it’s doing so with a model that become familiar during COVID-19’s year-plus assault on industry trends—a concept without a dining room. Freddy’s recently broke… Read More
REIT exposures to interest rates are at an all-time low, as demonstrated by new data from the Nareit T-Tracker®. REITs have reduced their reliance on borrowings, which lowered leverage ratios considerably over the past decade. The weighted average debt-to-book assets ratio… Read More
Once again medical office assets have proven their resilience against recessions. According to a new CBRE report on medical office trends, investment sales of medical office properties experienced a moderate drop compared to most major property types last year as the pandemic gripped… Read More
Earlier in 2021, KFC reached 25,000 restaurants in more than 145 countries across the globe. Only three other quick-service restaurants have reached that mark (Subway, McDonald’s, and Starbucks). The large chicken chain celebrated, but it’s not fully satisfied. It doesn’t… Read More
7‑Eleven Inc.’s latest initiative calls for installing at least 500 Direct Current Fast Charging (DCFC) ports at 250 select convenience stores in the United States and Canada by the end of 2022. The convenience retailer will own and operate the… Read More
Fire. That’s the word Ralph Cram, president of Envoy Net Lease Partners in the Chicago suburb of Northbrook, Illinois, uses to describe the net lease market today. Yes, the net lease business did take a hit during the earlier days of the… Read More
As sales show signs of improvement, the industry turns to its next crisis: Labor More than one year into the COVID-19 pandemic, the restaurants are finally starting to see some glimmers of hope. According to Black Box Intelligence, the industry… Read More
Target Corp. had a record-breaking first quarter as shoppers flocked to its stores and sales of its owned-brands reached an all-time high. “Our performance in the first quarter was outstanding on every measure, and showcased the power of putting our… Read More