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CBRE'S NET LEASE PROPERTY GROUP NEWPORT
RETAIL ROUNDUP
June 27, 2021
NRN 2021 TOP 500 COUNTDOWN: THE 50 BIGGEST RESTAURANTS IN AMERICA
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Every year, Nation’s Restaurant News ranks the largest restaurant chains by domestic systemwide sales, giving a detailed look at the biggest players in the industry. This year, we partnered with Datassential and its Firefly data platform to provide information for 500 chains — more than ever before.

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boot barn ceo says sales boost from return of concerts, rodeos is 'still in front of us'
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Boot Barn President and CEO Jim Conroy told CNBC on Tuesday that the Western-lifestyle retailer has yet to experience the full benefits of the U.S. economy reopening from pandemic-era disruptions. In an interview on “Power Lunch,” Conroy said the return of concerts and rodeos, as well as county and state fairs, will surely lift Boot Barn’s sales in the coming months.

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newest amazon fresh store will feature 'just walk out'
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In a first for Amazon, the company is bringing its autonomous checkout technology to the supermarket arena. To date, Amazon's revolutionary "Just Walk Out" technology has been available only in the company's convenience and small-format grocery stores. But that will change on June 17, when the ommnichannel giant opens its 14th Amazon Fresh store. 

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the habit burger grill plots record-breaking growth
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The Habit Burger Grill announced Wednesday a plan to parlay its distinctive positioning into strategic franchise expansion that will amplify the brand’s presence nationwide. Focused on awarding development agreements to multi-unit, multi-brand operators with a track record of success running restaurants, The Habit Burger Grill moves into a new growth phase with significant momentum behind it.

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walmart invests in droneup
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The promise of delivery by drone to retailers is obvious: fast-moving, self-flying robots could cut down the costs of the most expensive part of a product's journey, which today typically moves by a large truck driven by a wage-making human. By the mid-2010s, commentators and media were predicting a sky darkened by thousands or millions of drones. 

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target unveils sustainability goals, pledging to keep its products out of landfills, create net-zero emissions
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Target is known for its exclusive merchandise, with private label brands for everything from arts and craft supplies to apparel. Now, the retailer is pledging to make all those products more environmentally sustainable. It said Tuesday it will design items that are more durable and will eliminate waste and encourage reuse by 2040.

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FEATURED PROPERTIES
DOLLAR GENERAL
Mobile, AL
NNN
$1,876,000
5.30% CAP
 
IHOP & PEOPLE'S UNITED BANK KIOSK
Wallingford, CT
Ground Lease
$3,655,000
6.50% CAP
 
HOOTERS
Topeka, KS
NNN
$2,800,000
6.62% CAP
 
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