News & Events
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…
Metrolink trains running throughout Southern California might in the future make pit stops in Orange County at a new maintenance facility proposed near the Great Park…
More than $105 billion of retail property assets traded hands across the U.S. during 2021, a record level that is 65% higher on a year-over-year basis and 21% higher than the prior annual record of $87 billion set back in 2015…
If the outlook from a commercial real estate brokerage specializing in retail and hotel sales is any indication, 2022 could be a year of recovery for the type of properties hardest hit in the pandemic…