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| CBRE'S NET LEASE PROPERTY GROUP NEWPORT |
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| RETAIL ROUNDUP |
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| August 15, 2021 | |
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| taco bell unveils its most innovative restaurant ever |
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| Back in March, Taco Bell hinted a franchisee was working with the brand and experts outside the quick-service sector to create an “industry-defying” drive-thru restaurant. It wasn't an overstatement. On Thursday, Taco Bell revealed its "Defy" concept—a 3,000-square-foot, two-story model the company said redefines what it means to be a frictionless, tech-forward restaurant. |
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| grocery retail experts take a closer look at amazon fresh |
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| Since its dramatic entry into the grocery market with its acquisition of Whole Foods in 2017, retailers have watched carefully as Amazon has continued to grow its grocery business both online and in brick-and-mortar. Its online grocery offering has proven to be a huge force, one that exploded during the pandemic in 2020. |
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| walgreens, villagemd health care venture expands to florida |
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| Walgreens Boots Alliance and VillageMd continue to expand their partnership to new markets. The two companies will open 10 full-service primary care clinics at Walgreens stores in Orlando this year. The openings are part of a strategic partnership that is on track to open at least 600 locations in more than 30 U.S. markets during the next four years. |
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| here's how kfc is planning an urban takeover |
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| Although the drive-thru suburban restaurant is the bread and butter of KFC’s store portfolio, the Yum brand has big plans to increase its urban presence, starting in select markets. Starting in 2022, KFC is prioritizing an aggressive expansion strategy, particularly in cities like St. Louis, New York (Chinatown, Queens, and Harlem), and Baldwin Park, Calif. |
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| party city to open 80 to 100 halloween pop-ups; plots more store remodels |
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| Party City is ready for one of its most important selling events — Halloween. The party goods retailer plans to open 80 to 100 seasonal Halloween stores this year, compared to only 25 in 2020, when celebrations were drastically scaled back due to the pandemic. By comparison, Party City had about 250 Halloween pop-ups in 2019. |
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| wendy's plans to partner with a startup to open 700 delivery-only ghost kitches by 2025 |
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| Even as the economy reopens and customers flock back to restaurant dining rooms, Wendy's is betting that the demand for takeout is here to stay: it's planning to open 700 ghost kitchens with startup Reef by 2025, it said Wednesday. Ghost kitchens, which don't have dining rooms and just cook food for delivery, are one of the biggest restaurant trends to come out of the pandemic. |
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IHOP & PEOPLE'S UNITED BANK KIOSK
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