To describe 2020 as a challenging year for the restaurant industry would be an understatement. With indoor dining shut down or severely restricted across the country, many unforeseen expenses were incurred to quickly create or expand outdoor seating, takeout and… Read More
Jack in the Box CEO Darrin Harris firmly believes the chain can’t succeed unless franchisees succeed. He likes to think of the relationship as a race. Historically, JIB has passed the baton to franchisees at the fourth leg and asked… Read More
Aldi is one of the few retailers who still has an ambitious slate of store openings planned for this year. The discount grocer announced last week that it plans to open 100 more stores in the U.S this year. While… Read More
BRENTWOOD, Tenn.–(BUSINESS WIRE)– Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, today announced that it has entered into an agreement to acquire Orscheln Farm and Home in an all-cash transaction for approximately $297 million,… Read More
Three years ago, J.C. Penney Co. was in dire straits. To raise cash, the 118-year-old department store chain opted to sell its three-story headquarters in Plano, Texas, spanning 1.8 million square feet. Silos Opportunity Partners LP paid $353 million for… Read More
“Our mission is to be a partner to the best retailers in the world, and it would be an understatement to say that COVID-19 has produced a trying time,” Agree says. The pandemic has created a “massive disruption” that the… Read More
There are a host of new laws in 2021 for all areas of real estate that will likely concern landlords, potential buyers and renters. Many of the new rules are aimed at increasing rentals, such as in homeowner associations, as… Read More
The return of normal levels of customer foot traffic to convenience stores is directly correlated to the rollout of the COVID-19 vaccines, according to Eric Dzwoncyk, global co-leader of the restaurants, leisure and hospitality practice at AlixPartners business consultancy. In… Read More
Bank branches across the US continue to bleed out as the COVID-19 pandemic rolls on, and experts caution that the impact on the CRE industry could be profound this year. Last fall, US Bancorp made headlines when it announced it… Read More
A tumultuous month that saw a transfer of power in Washington unlike any other in the nation’s history, both encouraging and concerning developments in containing the COVID-19 pandemic and a late month stock market frenzy spurred on by Reddit traders… Read More