Hospitality

Subway is connecting franchisees to universal payment software.

Shake Shack opened on Feb. 20 at RPAI’s new Circle East mixed-use development in downtown Towson, Md.

Consumer confidence rose in February amid the vaccine push and as Americans grew more optimistic about the economy — and travel. 

After herd immunity quells the threat of COVID-19 and masks are thrown away, retailers will still be feeling the ill-effects of the pandemic, according to Andy Graiser, co-president of A&G Real Estate Partners.

The achievement of herd immunity from COVID-19 in the United States—an occurrence that would drive crowds back to shops, restaurants, and theaters—could happen in July. Or April. It depends on whether you want to put more weight behind the estimates from the New York Times or the Wall Street Journal.

A shopping center in Miami’s West Little Havana neighborhood is being redeveloped into a mixed-use project that will include residential and office space along with retail and restaurants.

McDonald's Corp. will tie 15% of executive bonuses to meeting diversity and inclusion targets and has pledged to put more women and minorities into senior management roles.

One of the special aspects of the retail real estate business is that major malls and shopping centers become local focal points in scores, or even hundreds, of communities.