Retail sales grew a surprising 0.6% in June, demonstrating the strength of the consumer sector as the economic reopening continues. Sales through brick & mortar channels were up 0.9% from the month before, outpacing total sales and brightening the outlook… Read More
CIRE Weekly
Cushioning the Impact of Inflation with REITs
Worries about inflation are beginning to surface in the press and among investors following increases in April and May in the Consumer Price Index (CPI). While much of the recent increase in prices is due to supply bottlenecks that can… Read More
Shoppers Return to Grocery Stores
With the easing of the COVID-19 pandemic and vaccinations readily available, more grocery shoppers feel comfortable returning to stores, a new survey by The Feedback Group showed. Over four times as many consumers plan to shop more often in a… Read More
2021 Midyear Outlook for REITs & Commercial Real Estate
In late May, Nareit marked the passage of 15 months of financial market response to the global spread of COVID-19, social distancing measures, and more recently, here in the U.S., the reopening recovery. As with any event that has such… Read More
Guide for Real Estate Family Businesses
As we begin to emerge from the devastation and tragedy of the pandemic, all Americans are dusting themselves off and looking to the future. We are all restarting our lives, making plans and perhaps using the lessons of the pandemic… Read More
How Real are Real Asset Strategies?
The COVID-19 pandemic set off a rush for real assets, as investors ran for the safety of precious metals and other commodities. Silver ended up as 2020’s top-performing asset, up 47.4% for the year and 127.4% from its low in… Read More
Malls are Close to 2019 Traffic Levels
Placer.ai’s latest mall index—the sample for which has been doubled to 100 U.S. properties—indicates that traffic in enclosed shopping centers during June was only eight percentage points off June 2019. Traffic has been steadily increasing along with vaccination rates, moving… Read More
Multi-Tenant Shopping Centers Gain Favor
British entrepreneur and adventurer Sir Richard Branson, head of Virgin Group Ltd., said, “Every success story is a tale of constant adaption, revision and change.” Certainly, as retailers grappled with the impact of COVID-19 restrictions, those that could quickly pivot… Read More
Jack in the Box Reveals Off-Premises-Only Prototype
Jack in the Box shared more information about its redesign for existing units and its new off-premises-only prototype in a presentation for investors Tuesday. The new MK12 model, which CEO Darin Harris discussed in the San Diego-based chain’s most recent earnings… Read More
Jack in the Box’s Journey to 6,000 Locations
When Darin Harris started as Jack in the Box’s CEO in June 2020, the top question asked by the investment community concerned new restaurant growth potential. The second was how quickly the 70-year-old brand could make it happen. The answer,… Read More