Over the past decade craft beer has often seemed like a sure bet when it comes to growth and stability. In 2010 there were just 1,759 craft brewers in the US. In 2019, there were almost 7,500. The industry also saw 4% growth in production year over year, increasing the craft segment's market share of […]
Small plates focus on the community aspect of dining. What was once reserved for the appetizer course, small plate restaurants offer diners to share an experience with one another. Can this type of dining survive through Covid-19? Will people want to share food once restaurants reopen? Before the current pandemic, you may have already noticed […]
According to consumers, take out and delivery is most commonly associated with pizza. To be precise, when consumers were asked, 63% reported they wanted pizza. The pandemic has hearkened in a new age for restaurants in many respects. One aspect all restaurants have had to learn early on to survive financially in 2020 is that […]
The pandemic forced sweeping closures of daycare facilities across the country earlier this year, and while many have re-opened, it seems almost 40% of childcare centers and family childcare programs remain closed nationwide. Those that remain open are operating at very low capacity. But don’t count them out as potential tenants. While challenges are present, […]
Retail industry experts have promulgated the idea that the pandemic and subsequent lockdowns simply sped up the inevitable demise of shopping centers, malls and retailers that for years had struggled to survive. It also could be said that the health crisis has accelerated another trend that was gaining momentum: establishing last-mile e-commerce logistics hubs at […]
Nordstrom is certainly not the only department store that has taken a hit from COVID-19, but their reputation as having highly experiential retail and in-depth customer service and engagement mean it can be harder to open during a highly contagious pandemic.Nordstrom had already announced it would permanently close 16 of its department stores in response […]
The early days of the pandemic provided some brands enormous success, especially if they still had toilet paper to sell. Other brands during lock down suffered tremendously. As COVID raged through our nation, a few brands unexpectedly did better than anticipated. In this battle to keep alive, these businesses, with a mixture of preparedness and […]
As the fallout from the COVID-19 pandemic continues, customers continue to be wary of large group gatherings, and many are facing economic hardships. But eating out, or at the very least take out, seems somewhat pandemic proof. In their recent report, McKinsey ran down the current reality of the restaurant business. The verdict? Easy take-out […]
In our recent survey of shopping center managers across the country, we asked them which retailers had been most difficult to deal with during the Covid-19 pandemic. Unsurprisingly, 28% of the respondents told us a restaurant had been their most difficult tenant. In the same survey, we also asked which tenants had been the best […]
Great news. A big national-credit retailer wants a shopping-center space that's currently occupied by struggling mom-and-pop tenants who are barely hanging on in a lease-less, or "at will" basis. The timing seems right to issue these month-to-month occupants their proverbial walking papers and quickly shoo them off the premises to free up the square footage. […]
