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
Archives for 2022
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
Federal Reserve Announces Slower Rate Hikes
Amid signs that price growth in the U.S. economy is rapidly cooling, the Federal Reserve announced Wednesday it was slowing the pace of its rate-hiking program designed to tackle inflation — but that more hikes were still on the table…. 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
Dollar and Discount Stores Reign Supreme
Discount and dollar stores are showing signs of strength heading into the busiest part of the holiday season, according to a new analysis of foot traffic to the largest US off-price chains. All showed foot traffic gains in the second… Read More
CA Fast Food Law in Hands of Voters
California’s FAST Act, legislation calling for a statewide council to monitor fast-food workers, could be in the hands of voters. The Save Local Restaurants Coalition, which involves the National Restaurant Association, International Franchise Association, and the U.S. Chamber of Commerce,… Read More
LA Approves Tax Increase on RE Deals
Los Angeles voters approved a tax on the sale of mansions and other multimillion-dollar real estate transactions to raise money for affordable housing in the second-largest US city. The measure, known as Proposition ULA, boosts the one-time transfer tax to… Read More
NNN Investors Continued Interest in Medical Office
Medical office buildings have emerged as a favorite among investors interested in single-tenant net lease opportunities, according to a new report from Colliers. Overall, the STNL space posted strong performance in the first half of 2022 and hit a historic… Read More