Retail giant Target is just one of a host of major retailers that, with much fanfare, announced they would raise the minimum wage for all of their employees to $15/hour. Target made the announcement back in 2017, followed by a number of other big-box stores, committing to bring all employee pay up to a minimum…
Read More »As technology continues its unrelenting march forward, it is logical to envision more and more retail outlets and restaurants transitioning to cashless sales – even within brick-and-mortar stores. Well, that trend was just nipped in the bud in Philadelphia two weeks ago when the city council gave the final OK to a new ban on…
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Negotiating a retail lease is one of the most critical stages in the life of a quick service restaurant. Each lease presents is own distinct issues and challenges; failing to have significant attention to detail can inadvertently result in an unsuccessful business or impede your growth; one oversight can destroy your succession plan or exit…
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Green Mountain Coffee Roasters, looking to solidify its market share in home brewed coffee, has developed Keurig 2.0 brewers as the vehicle to do so. Keurig 2.0 brewers, according to GMCR president and CEO Brian Kelley, will not work with K-cups produced by unlicensed manufacturers. Speaking of the Keurig Brewing machine, GMCR opened its first…
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From time to time DDIFO is pleased to present Guest Commentary from valued contributors. Guest commentaries feature the views and opinions of the contributor and are not necessarily the opinions of DDIFO and it’s Board of Directors. The following is an article written and submitted by Paul Kinney, Paul is the Executive Director of the National Retail Tenants Association, responsible for the day-to-day management of the association and Co-Chair of the Curriculum Committee. He is co-founder of the NRTA and has served as President.
Read More »The National Retail Tenants Association (NRTA) presentation at the DDIFO Members Meeting in Chicagoland on December 3rd, 2009 will include how to identify opportunities that occur after a lease is executed, recognizing potential needs that can be leveraged to obtain concessions that can benefit both the Landlord and Tenant. NRTA will also discuss how to evaluate the relative position of Landlords and Tenants when considering post commencement lease restructuring.
Read More »Shopping Center Digest Blog reports that rent concessions has been causing agita among landlords in this industry over the last year or so is the pandemic of retailers rushing for rent concessions as an inducement to remain in a shopping center, renew a lease, or to make a new deal. As we’ve said several times before, the balance of power—due to the increasing number of vacant stores and the decreasing number of chains that are aggressively expanding—has for the first time surged to the tenant side.
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