ICSC 2022: Shop, Dine, Work and Play Converge

Source:  Commercial Observer Writer: Greg Cornfield Retail real estate isn’t going anywhere, but after a global pandemic and the unprecedented growth of the e-commerce industry, it’s time to reassess how brick-and-mortar shopping and food services work best in the built environment. At the International Council of Shopping Centers convention in Las Vegas this week, analysts and experts broke down…

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Tuscaloosa Entrepreneurs Pitch Downtown Hotel Parking Deck with 400 Spaces

Source:  Tuscaloosa Thread Nov 2nd 2021 Writer:   Stephen Dethrage A group of entrepreneurs, business leaders, engineers and developers pitched the construction of a high-end hotel in downtown Tuscaloosa that could also add 400 parking spaces, three new restaurants and first-class office space to a “blighted, downtrodden” area of the Druid City. In a presentation to…

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‘Destination Versus Desperation’: Upscale Convenience Stores are Coming for Prime Retail Locations

Source: BisNow Atlanta Writer: Jarred Schenke When Paul Nair opened the first location of his upscale neighborhood grocer, Savi Provisions, in Atlanta’s Inman Park neighborhood in 2008, he didn’t realize he was on the cutting edge of a trend that has begun to reshape retail markets from the suburbs to prime corners of Manhattan. Savi Provisions, which serves…

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Hotel Restaurants Get Ready for a Rebound

Source: FSR Writer:  Nicole Duncan October 2021 It’s been a long time since restaurants were a mere afterthought for hotels. As consumer enthusiasm surrounding global flavors and the overall dining experience ballooned, the other side of the hospitality industry recognized a new imperative. Hotels could either step up their on-premises restaurants or relegate foodservice to…

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Biden and Pelosi Set to Impose Tax Hikes on Small Businesses

Source: Americans for Tax Reform Submitted by jkartch on Friday, August 20th, 2021, 12,40 PM [To book an interview on this topic please contact John Kartch at jkartch@atr.org] During his campaign, President Biden promised the American people that he would not raise taxes on small businesses. Now he is violating that promise, and next week House Democrats…

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Experts Believe a Retail Property Surge Is Coming Fueled by US Economy With ‘Strongest Growth in a Generation’

(Getty Images)SOURCE: Loopnet Reporter:  Linda Moss The latest forecast for the U.S. retail property market over the next few years is looking bullish, with the industry buoyed by a strong and fast-growing economy, pent-up consumer demand because of the pandemic, and the desire for shoppers to connect with a human. A panel of executives from…

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Krispy Kreme Seeks Roughly $4 Billion Valuation in IPO

FINANCE   JUNE 22, 2021   BEN COLEY   The doughnut chain is offering 26,666,667 shares at a price of $21 to $24 per share. Krispy Kreme hopes to raise between $560 million to $640 million through its IPO, according to an SEC filing. The doughnut chain is offering 26,666,667 shares at a price of $21 to $24…

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Survey: Second-hand retail sales will reach $77 billion by 2025

Dan Berthiaume    Senior Editor, Technology   The resale market is expected to double in the next five years. According to the ninth annual “2021 Resale Report” from online resale platform ThredUp Inc. and retail analytics firm GlobalData, secondhand apparel, shoes, and accessories is now a $36 billion market, projected to double in the next five…

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The Hottest Commodity In Retail For The Foreseeable Future: Drive-Thrus

HoustonRetail May 6, 2021 Christie Moffat, Bisnow Houston     Drive-thrus were the life raft that kept many fast-casual and quick-service restaurant chains afloat during the most difficult days of the coronavirus pandemic. As major brands continue to come up with new and inventive ways to expand and improve their drive-thru offerings, more traditional dine-in restaurants are also pivoting to incorporate drive-thru…

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5 Signs that Retail Is Going to Be OK

SOURCE: Retail Dive  Staff Writer: Daphne Howland  Last year was a challenge like no other for the retail industry. COVID-19 upended people’s existence worldwide, threatening human life and undermining the global economy. Job and wage losses took a toll. Even those able to stay healthy and financially secure have faced disruptions to daily life, upsetting work,…

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