On June 11, 2020, the U.S. Treasury Department released highly anticipated proposed Treasury Regulations on like-kind exchanges under Section 1031 (the “Proposed Regulations”).[1] The Proposed Regulations provide much-needed guidance on the topic of like-kind exchanges following the statuary changes to… Read More
A&W was founded in 1919, making it one of the rare companies to survive the Great Depression, Great Recession, and all the economic downturns in between. Now the COVID-19 pandemic is up to bat, and America’s first franchised chain is… Read More
It’s been 18 months since Jose Cil, after 18 years with Burger King, took the reins at parent company Restaurant Brands International. The fast-food giant’s former president rolled right into a refresh, with a focus on guest experience, employee engagement,… Read More
City officials are looking to capitalize on a distressed tourism industry by converting commercial hotels into affordable housing — including creating single room occupancy units known as SROs. The exploration of cheaper alternatives for affordable housing and supportive housing —… Read More
Self-storage facilities were typically considered “essential” businesses and remained open even as most of their potential customers worked from home. In the first week of June, Nick Walker listed a self-storage property for sale. The facility is fully-leased and producing… Read More
It would be “an absolute home run,” Chipotle CEO Brian Niccol said. As markets reopen, can restaurants retain digital business souped-up by COVID-19? How much of that necessity-fueled growth will stick? Niccol, speaking Tuesday during the virtual Evercore ISI Virtual… Read More
Popeyes’ chicken sandwich has already secured its place in fast-food lore. About the only time it lost steam since debuting in August was the second half of March, when hardly any customers frequented restaurants, for any occasion. Even then, Popeyes’… Read More
Dick’s Sporting Goods on Tuesday announced the launch of two new store concepts, Overtime by Dick’s Sporting Goods and Dick’s Sporting Goods Warehouse, according to a company press release. Both concepts are centered in the clearance space. Overtime offers up… Read More
Chili’s customers will notice some big changes to the chain’s reopened dining rooms, like fewer seats at the bar, crossed-out benches in the lobby and disinfecting stations on unavailable tables. The modifications aren’t scaring away consumers. The casual-dining chain’s same-store… Read More
Within the next year and a half, Starbucks will look materially different. Drive thrus, Pickup stores, walk-up windows, and curbside-enabled locations. All thanks to a retail world that has shifted dramatically in light of COVID-19. It’s also a bet on… Read More