— By Jaron Srain — How to tell if your parking lot meets commercial standards. The first thing a client sees when they pull up to your business is not your sign, your landscaping or even your building. It’s your parking lot. You don’t want your new client driving over a bumpy, faded driveway only to step in a giant pothole full of water when they park the car. Believe it or not, the quality of your parking lot makes a lasting impression on your business. That’s why …
Dallas — Connex, the multi-site facilities network, formerly known as PRSM, is helping retailers who are closing thousands of stores due to the COVID-19 outbreak by providing guidance in how to protect store assets and the public. Beginning Monday, Connex will host a series of online broadcasts to address various issues. In recent years, according to an extensive FM industry study conducted by Connex, the average retailer closed only 17 store locations annually. In the last month at least 110 retailers have closed thousands of locations. These locations are commonly …
Louisville, Ky. — Yum! Brands, Inc. has acquired The Habit Restaurants, Inc., following the approval by The Habit Burger Grill stockholders. The transaction marks the addition of the first fast-casual concept to Yum! Brands’ portfolio of iconic global restaurant brands. The acquisition of The Habit Burger Grill adds an award-winning fast-casual concept with a loyal fan-base to Yum! Brands, the world’s largest restaurant company in terms of units and parent of KFC, Pizza Hut and Taco Bell. Founded in California in 1969, The Habit Burger Grill offers a flavor-forward variety …
Indianapolis — After extensive discussions with federal, state and local officials and in recognition of the need to address the spread of COVID-19, Simon will close all of its retail properties, including malls, premium outlets and mills in the U.S. This measure took effect on March 18 and will end on March 29. “The health and safety of our shoppers, retailers and employees is of paramount importance and we are taking this step to help reduce the spread of COVID-19 in our communities,” says David Simon, chairman, CEO and president …
Austin, Texas — The first Twin Peaks restaurant in the Austin area, which originally opened in 2007, got a lift and reopened its doors with a fresh new look on March 7, 2020. Since that time, due to COVID-19 concerns, in-house diners will have to wait a little longer to enjoy the interior renovations. The restaurant remains open for to-go orders only. Twin Peaks’ restaurant renovations include an updated interior with enhanced dining areas, a modernized furniture and décor package to include all-new contemporary finishes and completely remodeled restrooms. Out …
Leawood, Kan. — As of March 17, 2020, all AMC Theatres locations in the United States have closed for at least 6 to 12 weeks, in compliance with local, state and federal directives, and as a precaution to help ensure the health and safety of moviegoers and theatre staff. AMC will continue to monitor the situation closely, and the company will remain flexible on reopening, in accordance with CDC recommendations and governmental directives. The COVID-19 situation has developed rapidly throughout the country over the last week, and during the last …
New York City — In response to the widespread COVID-19 outbreak, Macy’s, Inc. temporarily closed all stores on March 17, 2020, and will remain closed through March 31, 2020. This includes all Macy’s, Bloomingdale’s, Bluemercury, Macy’s Backstage, Bloomingdales the Outlet and Market by Macy’s stores. Macy’s, Inc. will provide benefits and compensation to its impacted workforce. “The health and safety of our customers, colleagues and communities is our utmost priority. As a result of the recent COVID-19 developments, we have decided to temporarily close our stores. We will work with …
San Francisco — Uber Eats has announced efforts to support independent restaurant owners and operators as the hospitality industry faces unprecedented challenges amidst the COVID-19 state of emergency. “We know the coming weeks will be challenging ones for many small business owners, and we want to help restaurants focus on food, not finances,” says Janelle Sallenave, head of Uber Eats for the U.S. and Canada. “That’s why we’re working to drive increased demand to more than 100,000 independent restaurants across the U.S. and Canada through free delivery and marketing efforts.” …
Manhattan Beach, Calif. — SKECHERS USA, Inc. is temporarily closing its company-owned Skechers retail stores in North America and select European markets through March 28, 2020 and is withdrawing its first quarter 2020 guidance due to the continuing impact of the COVID-19 outbreak and the resulting uncertainty of the global retail landscape. The temporary closure of company-owned Skechers in North America follows the earlier closures of company-owned and third-party owned stores in several severely impacted international regions. “Given the rapidly evolving coronavirus crisis and the importance of social distancing in …
Washington, D.C. — Jersey Mike’s Subs has been rapidly expanding throughout the Washington, D.C., Maryland and Virginia (“DMV”) region with the help of real estate partner KLNB. In total, KLNB has closed 17 deals for Jersey Mike’s across the DMV over the past 18 months, for a total of nearly 27,000 square feet and a lease volume of $10.46 million. KLNB has a long-standing partnership with Jersey Mike’s and has represented the company’s real estate interests throughout the DMV for 8 years. KLNB principal Ryan Minnehan and retail specialist Michael …