Starbucks plans to close about 150 company-operated stores next fiscal year. This is three times the number it typically closes annually, according to Bloomberg. Most of the closures will be in major metropolitan areas where regulatory requirements are hampering profitability. … Continue reading →
Retail sales in the U.S., excluding fuel and automobiles, reached $3.496 trillion in 2017 according to Digital Commerce 360 (citing data from the Commerce Department). At $453.46 billion, e-commerce represented 13 percent of total retail sales in 2017. The easiest … Continue reading →
In an effort to stanch the rising cost of housing and cool pressure on existing infrastructure, New Zealand’s new coalition government intends to cut immigration and ban non-resident foreign buyers from purchasing existing homes in the country. According to the
Continue reading →Seattle-based Amazon reported $1.27 billion in net sales under a new “physical stores” category on its Q3-2017 quarterly report. This number includes sales at the company’s physical bookstores and Whole Foods Market, which Amazon acquired on August 28 for $13.7 … Continue reading →
In Q3-2017, cap rates for retail properties decreased by 12 basis points to 6.11 percent – the lowest level for this sector since Q3-2016 when the rate was at 6.10 percent. The spread between asking and sold cap rates decreased … Continue reading →
Walmart has acquired last-mile delivery service Parcel for an undisclosed sum reported to be under $10 million, according to Retail TouchPoints. The Brooklyn-based startup, which currently operates in NYC providing Clomid) to stimulate the production of eggs viagra cialis on … Continue reading →
Among chain retailers and restaurants with greater than 50 locations, net openings so far in 2017 total 4,080, according to an IHL Group report. Of this number, 1,326 are in core retail segments and 2,754 are restaurants. Grocery chains, discount … Continue reading →
The Q3–2017 commercial construction composite index score was 73, only slightly below the previous two quarters (76 in Q2 and 74 in Q1). The 0-100 index, based on a survey of contractors, looks at three leading indicators – backlog levels, … Continue reading →
From 2012 through 2016, developers completed an average of 225,000 new apartments per year, according to National Real Estate Investor (citing data from Multifamily Housing Council (NMHC) and the National Apartment Association (NAA)). To Also, Allopathic drugs in a form … Continue reading →
A CoStar Group assessment of the impact of Hurricane Harvey and the subsequent flooding shows 175 million square feet of commercial space located within Metro Houston’s 100-year flood zone. This total includes 72,000 apartment units and 20 million square feet … Continue reading →