News & Events
CKE Restaurant Holdings, the parent company of quick-service brands Carl’s Jr. and Hardee’s, has announced a systemwide plan to overhaul their restaurants, including extensive remodeling that will involve some $500 million in investments…
NATIONAL HARBOR, MD (May 4, 2022) – While rising interest rates are posing a risk to economic growth, NAR Chief Economist Lawrence Yun expects the commercial market to perform well despite the headwinds, especially in the short term…
Amazon announced on Tuesday that it’s expanding in Southern California, adding more than 800 corporate and tech jobs in Irvine…
Whole Foods first welcomed Amazon One, which launched in September 2020, at a Seattle store a year ago. Since then, the specialty grocer has rolled out the technology to eight more Seattle-area locations, a new store in Sherman Oaks, California, and a recently reopened store in Washington, D.C., according to Amazon’s website
Across the industry, restaurants are facing higher costs as a result of lingering COVID-related supply challenges and the war in Ukraine. Still, the Newport Beach, Calif.-based chain said same-store sales increased 9% for the quarter, and total revenue increased 16% to $2 billion
The owners of JCPenney have made an offer to acquire archrival Kohl’s in a deal that could value the department-store chain at upwards of $8.6 billion
Google LLC will invest approximately $9.5 billion in U.S. data centers and offices this year, about $2.5 billion more than what it spent during 2021…According to the executive, the search giant anticipates that the initiative will create at least 12,000 full-time jobs in the U.S. by year’s end
A private investor acquired the Chapman Center at 8504 – 8550 Chapman Ave. in Stanton, California, for $5.43 million, or about $397 per square foot, from Stanton Chapman…
Discount retailer Five Below is aggressively ratcheting up its growth plans, looking to triple its store count to 3,500 by the end of 2030 and double its sales by 2025 as it creates a shopping experience that caters to younger customers…