As some restaurants opened for dine-in business in Georgia, Tennessee and Alaska this week, a number of other states are poised to begin lifting restrictions on Friday, including Texas, Oklahoma, Utah and parts of Iowa. Texas officials earlier this week… Read More
Stocks rose on Tuesday as investors bet the U.S. economy could start to reopen again while oil prices jumped for a fifth straight day. The Dow Jones Industrial Average closed 133.33 points higher, or 0.6%, at 23,883.09. The S&P 500… Read More
Even after the worst stage of the COVID-19 pandemic ends, how we use physical spaces will be transformed for the foreseeable future. The United States has had more than 1 million confirmed COVID-19 cases, with a death count approaching 70,000,… Read More
A recession is upon us, due to a public health crisis that has caused a global societal shock. The COVID-19 virus has created many unknowns, but as we work through the crisis, there are some things we do know or… Read More
Two top industry associations have asked state governors to adopt uniform re-opening standards for both stores and retail warehouses. (Bloomberg)—The top two trade groups representing major retailers such as Walmart Inc., Target Corp. and Best Buy Co. are calling on… Read More
In the week ending April 12, year-over-year same-store sales growth improved for restaurants for the second consecutive stretch, according to Black Box Intelligence. Comp sales and traffic both dropped 59 percent. While that number is alarming, it’s also the first… Read More
For assets leased by essential service providers, the cap rates haven’t changed, says one market insider. “But if there’s any kind of hair on the deal… it’s not doing well.” The net lease retail sector boasts a reputation for being… Read More
The Golden Arches have lost some of their sales sheen during the coronavirus pandemic, but the real estate strategy of McDonald’s Corp. might serve up a bit of respite from an economic grilling. McDonald’s reported April 8 that overall same-store… Read More
If you’ve walked the aisles of a grocery store recently you’ve probably noticed one of two things. Maybe both. Products are hard to come by. And nothing is on sale. The financial impact of COVID-19 has shifted the core of… Read More
A decade ago, fast casual underwent a genesis. Once a niche category with a few players spread across a handful of cuisines—say, Chipotle and Baja Fresh covering Mexican and Panera Bread and Corner Bakery tackling the bakery-café space—fast casual suddenly… Read More