When Dave’s Hot Chicken COO and president Jim Bitticks joined the company, he admittedly knew little about the chain’s humble upbringing. So, like anyone with a cell phone or computer these days, he Youtube’d it. Bitticks found a video from… Read More
CIRE Weekly
The Rebirth of Jack in the Box
Donning a Ted Lasso costume for Halloween last year, Darin Harris just so happens to share a few qualities with the fictional American college football coach turned English soccer coach—from his optimistic demeanor to his ability to win over skeptics…. Read More
Sale-Leasebacks are Important
The current economic climate has been difficult, with Federal Reserve interest rate hikes chasing inflation. Even as some of the pressures might be reaching a plateau, the Fed has made clear that further rate increases are still planned. That has… Read More
Fed Officials See Higher Rates
Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released Wednesday from the central bank’s December meeting. At a meeting where policymakers raised their… Read More
CRE Investors Paying Attention to Diversification
As higher interest rates and inflation created more anxiety among commercial real estate investors over the past year, they are placing more importance than ever on portfolio diversification. The U.S. is currently experiencing an economic environment that, in some ways,… Read More
Dollar General’s New Popshelf Stores
Dollar General’s next big strategy for growth is tucked in a strip mall in suburban Nashville, and it is coming to other cities soon. It’s a new store called Popshelf. Over the past two years, the Tennessee-based discounter has tested… Read More
KFC Working to Digitize Every Order
Sabir Sami was named CEO of KFC nearly one year ago and has since quickly ramped up the chain’s digital capabilities around the globe. Eighty-six percent of KFC’s 24,000-plus restaurants now have order-ahead options, for example. As such, the digital… Read More
REITs Remain Resilient to Interest Rates
2023 will continue to bring economic uncertainty as the Federal Reserve continues to increase short term rates to lower inflation. Though a higher interest rate environment can create a difficult operating environment for real estate generally, REITs have positioned their… Read More
Investors Increasingly Use REITs in Portfolios
REITs are widely used in the real estate strategies of nearly two-thirds of the largest and most sophisticated institutional real estate investors in the United States and globally. Approximately 64% of the top 25 largest defined benefit and sovereign plans… Read More
Digital Brands Crave Bricks-and-Mortar
As Frank Sinatra once sang in a song called “That’s Life,” when “you’re riding high in April, you’re shot down in May.” Digital native brands that flourished in the surge of e-commerce may be humming that tune as they race to… Read More