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Yum! Brands

  • Three-grocer center is sold for $42 million

    A subsidiary of NewMark Merrill Companies has acquired Southgate Plaza in Sacramento five years after it was hired by the owner to re-tenant and reposition the center.   The 339,369-sq.-ft. Southgate has the distinction of being anchored by three grocery stores — Walmart Neighborhood Market, 99 Ranch Market, and 99 Cents Only. Other tenants include Ross Dress for Less, Skechers, Payless Shoe Source, Farmer & Merchants Bank, and Taco Bell.  

  • JLL acquires Scottsdale center

    JLL Income Property Trust has purchased the Kierland Village Center in Scottsdale, Arizona, for $34.5 million. Kierland Village is an upscale development in the Phoenix suburb, which has seen a near 10% rise in population since 2000.   The 118,000-sq.-ft. neighborhood center is anchored by Safeway and houses Walgreens, Einstein Brothers, Pizza Hut, Panda Express, and a UPS Store.   The acquisition is in line with JLL’s current appetite for active, necessity-based centers.  

  • Pizza Hut engages customers in conversation

    Everyone loves to talk about pizza, and Pizza Hut is turning that tendency into a consumer touchpoint.  

  • Butler Plaza getting bigger, adds biscuit concept

    Emerging food service concept Maple Street Biscuit Company is the latest addition to one of Gainesville, Fla.’s fastest growing retail destinations.

  • Study: Retailers behind in EMV, does it matter?

    Many retailers are lagging in their EMV adoption efforts, and many consumers may not care that much.

  • SPECS Exclusive: Tablets unlock store development potential

    More powerful than a smartphone and more portable than a laptop, tablet computers offer retail design and construction professionals some unique opportunities.

    In a session at Chain Store Age’s SPECS 2016 conference at Hilton Anatole in Dallas, March 13-15, “Tablets Unlocked,” Bart Waldeck, CMO and senior VP of product strategy for Tango, identified the top five opportunities tablets offer the store development process.

  • KFC, nationwide

    KFC is celebrating its 75th anniversary with a store design makeover as it looks to refresh 70% of its 4,500 locations by the end of 2017.

    The chain, owned by Yum! Brands, tapped FRCH Design Worldwide to come up with a modern look that would also highlight the playfulness and outsized personality of the brand’s legendary founder, Colonel Sanders.

  • Walgreens enables Visa Checkout on its sites, Walmart.com next

    Walgreens, along with a host of other retailers, on Tuesday opted into Visa's Visa Checkout to help facilitate an omnichannel shopping experience. Walmart.com also will be incorporating the option into its services within the year, Visa reported.

  • Kimco Realty acquires Christown Spectrum

    Phoenix-Mesa-Scottsdale, Ariz. -- Kimco Realty Corp. announced that it purchased Christown Spectrum power center in the Phoenix-Mesa-Scottsdale, Arizona for $115.3 million. The property is an 850,000 sq. ft. center situated one mile east of Interstate 17 and lies adjacent to the second-busiest light rail station in Phoenix.

  • Leading pizza chain tests beacons

    A leading pizza chain is testing beacon technology – in stores in China.

    Yum Brands subsidiary Pizza Hut is using devices from global beacon technology provider Sensoro at all 1,471 locations in mainland China through Sept. 23.

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