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CBRE'S NET LEASE PROPERTY GROUP NEWPORT
RETAIL ROUNDUP
May 16, 2021
SONIC DRIVE-IN BLASTS INTO THE FUTURE
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Restaurants are an emotional experience. They invoke a range of feelings from customers, whether it’s pleasure in eating delicious foods, joy in celebrating big milestones, or nostalgia in reliving the smells and tastes of simpler times. Sonic Drive-In has built its entire concept on this premise.

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retailers optimistic about strong recovery in 2021
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Retailers and commercial real estate companies alike are feeling good about the retail brick-and-mortar recovery. Sixty-percent of commercial real estate leaders and 55% of retailers expect a return to pre-pandemic levels by the end of the year – a testament to the resilience of consumers and a strong desire to safely visit brick-and-mortar retail.

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wendy's raises its forecast for 2021, as its breakfast and chicken sandwich boost sales
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Its bet on breakfast is paying off as Wendy’s reported better-than-expected earnings Wednesday and raised its forecast for the year. Shares in the fast-food chain were recently down about 2%, as stocks in the broader market slumped. After its earnings were released, the stock had risen more than 5%.

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restaurants and luxury retailers are making a comeback, plus 5 more retailer updates
.Retailer
U.S. consumers are hungry to dine out. Spending at restaurants grew 118.8 percent in April compared with the same month in 2020, when widespread shutdowns tanked the industry, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment.

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take a look at kfc's new packaging, complete with instructions on reheating leftover chicken
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KFC is revamping its packaging this summer. The new packaging will add more of its trademark red and white stripes, spelling out "Kentucky Fried Chicken" in full rather than using the KFC abbreviation, and adding a ton more detail to Colonel Sanders' face. The fried-chicken chain said the new packaging was "more modern" and reflected the brand's identity.

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door dash AND RITE AID ANNOUNCE PARTNERSHIP FOR ON-DEMAND DELIVERY OF HEALTH AND WELLNESS ESSENTIALS
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DoorDash (NYSE: DASH), the nation's leading last-mile logistics platform, announced today a partnership with Rite Aid to offer same-day delivery of non-prescription health, convenience, and wellness essentials. Consumers can now order products via the DoorDash platform from more than 2,100 Rite Aid locations across 17 states through the DoorDash app or website.

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FEATURED PROPERTIES
HOOTERS
Topeka, KS
NNN
$2,800,000
6.62% CAP
 
DIGNITY HEALTH ER
Arizona
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COMING SOON
 
BJ'S WHOLESALE CLUB
East Coast
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COMING SOON
 
IAN SCHROEDER
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Client Services Specialist
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+1 949 725 8477
kyra.graham@cbre.com

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