Picture this: You are out on the go with an overly caffeinated business partner driving through a main retail corridor. You are quickly passing many locations that interest you. Papers are shuffling as you try to write down as much information as you can. Inevitably, when back in the office, you forgot to write down a phone number, or you lost some of the papers in the midst of the commotion….whatever the situation, you don’t have all the information you need, and the data you do have certainly isn’t organized. Sound familiar? We have the solution.
The 500 largest U.S. restaurant chains saw 4.9% sales growth in 2012, a marked improvement over 2011’s 3.5% and a growth level not seen since 2007, according to food service consultancy Technomic.
All retailers are aware of the potential revenue-eroding threat to their businesses from online giants such as Amazon thanks to “showrooming” — the consumer act of sizing up merchandise in a street-front store before going home to buy it for the cheapest possible price online.
But a budding trend for online retailers is to embrace just the opposite: when a seasoned online-only retailer wants to really grow and extend the business these days, it opens up a physical store.
Garbanzo Mediterranean Grill, a Colorado-based, fast casual concept featuring Mediterranean cuisine, is opening its first Maryland location in Columbia, March 13 at 6455 Dobbin Road. The new restaurant is the first company-owned Garbanzo to open outside Colorado and the 18th location nationwide.
Prices for U.S. commercial property are expected to climb in the next six months, extending a rebound that has sent values close to levels reached at the market’s peak in 2007, according to Green Street Advisors Inc.