Category Archives: News

This is the category for the ‘recent news’ that feeds on the home page

Starbucks to offer delivery from 2,000 restaurants

Starbucks and Uber Eats will team to expand delivery to about 2,000 of its 8,000 US cafes next year. Nontraditional orders at the chain have grown in the past couple of years and mobile orders now account for 12% of …

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Birchbox opens in-store shops at select Walgreens stores

Walgreens has unveiled in-store Birchbox shops in three New York stores, according to Women’s Wear Daily. The company plans for eight more locations in cities, including Chicago, Dallas and Los Angeles. Shoppers can opt for the five-sample Build Your Own …

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Apartments are moving into empty retail spaces

Increasingly, landlords are converting empty retail center space into apartments, which turns the typical 12-hour retail environment into an 18-hour one. Apartments, along with restaurants, entertainment centers and fitness clubs, are helping retail centers fill space and also helping them …

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Year-to-date U.S. hotel transactions up more than 25% from 2017

Jones Lang LaSalle reports that U.S. hotel transactions have reached $29.7 billion year-to-date for 2018, a year-over-year increase of more than 25%. Investors such as private equity and REITs are behind many of these deals, which are being driven by …

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Arby’s, Sonic parent aims to pioneer a new business model

Inspire Brands is building a new Atlanta headquarters, with plans to create 1,100 new corporate jobs to run the fast-growing restaurant empire. The parent of Buffalo Wild Wings, Arby’s, Rusty Taco and the newly acquired Sonic Drive-In aims to create …

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UK toy seller Hamleys sees chance for US growth

UK-based toy retailer Hamleys is negotiating a lease on a 30,000-square-foot space near Macy’s New York City flagship, a source says. The retailer, which has a growing global presence that includes three stores in Mexico, is seeking to raise its …

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Chatham Lodging Trust targets upscale hotels in fast-growth markets

Chatham Lodging Trust‘s target market strategy is to focus on luxury extended-stay hotels in strong, quickly growing markets. See the Nareit story here

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Big numbers vouch for widening move into soft brands

The emerging category of soft brands posted a 28.8% supply compound annual growth rate between 2014 and 2017, far outperforming hard brands and independents in the upscale, upper-upscale and luxury classes, according to STR. Read the Lodging magazine online story here

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Yum announces 2019 plans for Taco Bell, KFC and Pizza Hut

Leaders from Yum Brands revealed what to expect from Taco Bell, KFC and Pizza Hut in the coming year. Read the Nation’s Restaurant News story here

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ACOG: Construction employment up in November

Construction employment increased by 5,000 jobs in November and by 282,000 jobs over the past year while the industry’s average pay continued increases and unemployment decreased to a historic low, according to an analysis of new government data by the …

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