Arby’s, the fast-food chain famous for its roast beef sandwiches, announced it will pay $2.4 billion for fast-casual, chicken-wing sensation Buffalo Wild Wings. While the deal awaits approval from the Buffalo Wild Wings shareholders, Arby’s majority owner private-equity firm, Roark Capital Group, reports it is committed to the deal.
MOUNT PLEASANT, S.C.--(BUSINESS WIRE)--Regency Centers Corporation (“Regency” or the “Company”), a national owner, operator, and developer of grocery-anchored shopping centers has acquired 8-acres of prime retail land in Mt. Pleasant, S.C. for the development of a 51,000-square-foot retail project anchored by GreenWise Market, a Publix Super Markets concept.
Modern pizza shops bear little resemblance to their predecessors. Big, hot ovens are still needed to move pizzas through the process, but fast-casual pizza is taking a slice out of traditional legacy brands in more ways than one. A recent Harris Poll reveals California-based Blaze Pizza finished second among the best pizza chain brands, behind Papa John’s and ahead of Pizza Hut, which has more than 7,000 locations in the U.S. Blaze also earned the top spot for fastest growth, according to Forbes — it opened more than 220 stores in four years and has another 400 spots secured for the future. These fast-casual spots are marked by an open space dining experience, with eager servers waiting behind an ingredient bar ready to create customizable, fast pizzas with quality ingredients.
In the wake of Amazon and Barnes & Noble, a new wave of brick-and-mortar bookstores is rising to meet the high demand for printed books. Around the world in small towns and big cities, readers still prefer printed books over electronic versions. From small independent shops like Dallas’ recently opened Interabang to 30,000+ square-foot Bookstop, a smaller version of Barnes & Noble, the atmosphere to engage with books and buddies continues to draw people away from their electronic devices and into a world of printed books.
As young consumers continue to attract marketers, many retailers this year will be participating in the pre-Thanksgiving millennial tradition of Friendsgiving. A recent survey suggests 30 percent of millennials plan to participate in some type of Friendsgiving this year, and retailers are stepping up. In 2016, retailers Old Navy, Gap, and Banana Republic jumped into Friendsgiving by featuring Instagram-worthy drinks, décor, and head-to-toe style.
While gathering around the table, spending time with friends and family, Americans are reminded this Thanksgiving to count their blessings. How many of us realize, however, that this simple act can usher in a host of health benefits as well? For many people, intentional living with a sense of gratitude is easier said than done. With the bustle of the season added to a year-long bombardment of social apps, marginless schedules, and daily responsibilities, finding time and energy to count your blessings can be a difficult task.
Now is the time to hop on the empowerment economy train. This seems to be the message of modern retail. The retail industry has been transforming itself for decades at a more rapid pace than some retailers anticipated. With the advent of Amazon, smartphones, social media, and voice-activated devices, many retailers have failed to adjust their business models and fell prey to bankruptcies. As shoppers have quickly moved from passive to active participants in their shopping experiences, retailers like Nordstrom and Ulta Beauty are learning to blend online and in-store experiences with much success.
What does it take to be America’s Best Grocer? Organic food? Prepared meals? Private label value? Yes, to all, and Wegmans has got it all. As one contributor to Food & Wine attests, “The best thing about Wegmans is that they have everything. Whether you're here for dry-aged ribeyes, a cluster of snow crab legs for $8.99 or have $15 to spend on a week's worth of dinners, the greatest thing about Wegmans is that it manages to be all things to all people.”
The rise of donut and biscuit consumption is giving way to culinary creativity combined with adventures in flavor at Rise Biscuits and Donuts. Rise’s latest location opened this year at Regency Centers’ Cameron Village, located at 2068 Clark Avenue, Raleigh, NC. With more stores planned for 2018 along with other specialty donut and coffee shops booming around the world, it seems as though donuts may be replacing the cupcake.