Restaurant

Square Register Raises the Bar for Irish Businesses with a New, Comprehensive Point-of-Sale Solution

Retrieved on: 
Monday, May 16, 2022 - 8:07am

Today, Square has launched its latest hardware offering, Square Register, a fully integrated countertop point-of-sale (POS) solution, designed to give Irish businesses with complex needs the versatility they need to manage sophisticated operations.

Key Points: 
  • Today, Square has launched its latest hardware offering, Square Register, a fully integrated countertop point-of-sale (POS) solution, designed to give Irish businesses with complex needs the versatility they need to manage sophisticated operations.
  • Square Register brings together modern hardware, embedded POS software that includes delivery and online order management, and Squares secure payment technology.
  • Register also runs Squares vertical POS software, Square for Retail and Square for Restaurants.
  • Were excited to be launching Square Register in Ireland, said Mike MacLennan, Head of Hardware at Square.

Despite A Rough Two Years, U.S. Independent Restaurants Still Represent Over Half of U.S. Commercial Restaurant Units and Are Recovering

Retrieved on: 
Monday, May 16, 2022 - 8:00am

CHICAGO, May 16, 2022 /PRNewswire-PRWeb/ -- Despite bearing the brunt of the pandemic dining room lockdowns and restrictions, independent restaurants with one to two locations still represent 53% of total restaurants in the U.S., reports The NPD Group. Independent restaurant locations declined by 8% or 28,399 units in 2020 but grew by 1% or 2,893 units by late 2021, according to NPD's Fall 2021 ReCount® restaurant census, which counts restaurants opened as of September 30, 2021. Independent locations are growing in seven of the nine Census divisions and large urban areas like Los Angeles, Dallas-Fort Worth, and Seattle-Tacoma.

Key Points: 
  • CHICAGO, May 16, 2022 /PRNewswire-PRWeb/ -- Despite bearing the brunt of the pandemic dining room lockdowns and restrictions, independent restaurants with one to two locations still represent 53% of total restaurants in the U.S., reports The NPD Group.
  • Independent restaurant locations declined by 8% or 28,399 units in 2020 but grew by 1% or 2,893 units by late 2021, according to NPD's Fall 2021 ReCount restaurant census , which counts restaurants opened as of September 30, 2021.
  • Independent locations are growing in seven of the nine Census divisions and large urban areas like Los Angeles, Dallas-Fort Worth, and Seattle-Tacoma.
  • Another sign of recovery is independent restaurant operators who purchase enough volume to order from broadline foodservice distributors have increased their spending and orders.

TJI Achieves a Successful Leap to International Market

Retrieved on: 
Monday, May 16, 2022 - 12:43am

Meanwhile, operating profit increased by 38.2% to HK$476.7 million, with operating profit margin improving by 1.7 percentage points to 20.9%.

Key Points: 
  • Meanwhile, operating profit increased by 38.2% to HK$476.7 million, with operating profit margin improving by 1.7 percentage points to 20.9%.
  • It also made swift decisions regarding restaurant operating hours, renovation projects and restaurant opening schedule by re-assessing the market needs.
  • While the past year has been a bumpy ride, TJI has demonstrated resilience and agility in face of unanticipated situations.
  • As market activities have started picking up again in Japan, TJI will keep expanding its network healthily to capture the market momentum with the robust support of its controlling shareholder, Toridoll Holdings Corporation.

KB Home Announces the Grand Opening of Three New-home Communities in the Highly Desirable and Thriving Valencia Master Plan

Retrieved on: 
Saturday, May 14, 2022 - 12:59am

KB Home (NYSE: KBH) today announced the grand opening of three new-home communities in the highly desirable Valencia master plan in Valencia, California.

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of three new-home communities in the highly desirable Valencia master plan in Valencia, California.
  • The three communities are also minutes to outdoor recreation, including hiking/biking trails and several popular golf courses.
  • View the full release here: https://www.businesswire.com/news/home/20220513005521/en/
    KB Home announces the grand opening of three new-home communities in the highly desirable and thriving Valencia master plan.
  • (Photo: Business Wire)
    Valencia is an exciting and thriving master plan with several new amenities, including a pool with cabanas and lounge areas as well as open space and walking trails.

$83 Million Grocery-Anchored Shopping Center Sale in North Carolina Closed by Institutional Property Advisors

Retrieved on: 
Friday, May 13, 2022 - 11:06pm

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced the sale of Freedom Town Center, a 350,800-square-foot grocery-anchored shopping center in Fayetteville, North Carolina.

Key Points: 
  • Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced the sale of Freedom Town Center, a 350,800-square-foot grocery-anchored shopping center in Fayetteville, North Carolina.
  • Over 99% occupied at the time of the sale by a roster of top national tenants, Freedom Town Center serves more than 4 million customers annually, said Steven Siegel, IPA senior managing director.
  • Ben Yelm, vice president and regional manager, is Marcus & Millichaps broker of record in North Carolina.
  • Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE:MMI), a leading commercial real estate services firm in North America.

Cash Home Buyers in Los Angeles Are Slowing Down, Google's #1 LA Home Buyer Offers 5 Tips to Sell A House Fast In Los Angeles

Retrieved on: 
Friday, May 13, 2022 - 10:15pm

LOS ANGELES, May 13, 2022 /PRNewswire-PRWeb/ -- Last year, any property on the market would probably receive at least one cash offer, and some offers would be well over market prices, but as data trickles in from April, the cash party for most home sellers might be over, but not for this professional cash home buying company in Los Angeles.

Key Points: 
  • This #1 Home Buyer in Los Angeles offers 5 tips on how to sell a house fast in Los Angeles.
  • We Buy Houses Los Angeles, CA, has seen their business increase since 2020 by over 23%, and they don't see signs of slowing down.
  • While this inhibits a large number of home buyers to make offers, the real effect is that prices go down, as do cash offers.
  • If you're selling a home in Los Angeles, the #1 ranked cash buyer in Los Angeles, per Google, offer these 5 tips for selling a house in Los Angeles that isn't selling fast enough.

Libra Incentix’s LIX platform enters numerous high-profile partnerships

Retrieved on: 
Friday, May 13, 2022 - 9:43pm

One of the notable partners who joined LIX is SMIT a US-based tech provider which wishes to use LIX to help drive the adoption of their software solutions.

Key Points: 
  • One of the notable partners who joined LIX is SMIT a US-based tech provider which wishes to use LIX to help drive the adoption of their software solutions.
  • TAMIAS decided to integrate with LIX in order to use the LIX platforms loyalty management system.
  • Right now, the parties are discussing how the LIX loyalty management platform can be used to replace their existing loyalty-point systems.
  • Binance is the worlds largest cryptocurrency exchange by trading volume, and it appears that Libra is discussing the potential listing on the exchange platform.

The Texas Rangers and The Cordish Companies Announce Next Phase of Development in the Arlington Entertainment District

Retrieved on: 
Friday, May 13, 2022 - 8:39pm

ARLINGTON, Texas, May 13, 2022 /PRNewswire/ -- The Texas Rangers and The Cordish Companies are excited to announce details today for One Rangers Way, a 300-unit upscale residential community in the heart of the Arlington Entertainment District. One Rangers Way continues the incredible momentum of new development in the Entertainment District amid Globe Life Field, Choctaw Stadium and AT&T Stadium that began with the opening of Texas Live! in 2018. The project adds to the nearly $1 billion of new development currently under construction in the Entertainment District that includes the forthcoming Loews Arlington Hotel & Convention Center and National Medal of Honor Museum, which recently broke ground on March 25.

Key Points: 
  • "The construction of One Rangers Way will bring a new dimension to the ongoing development in the Arlington Entertainment District," said Texas Rangers Managing Partner and Majority Owner Ray Davis.
  • The Texas Rangers are proud to join the City of Arlington and The Cordish Companies in building this unique residential community in the heart of the Entertainment District."
  • "We are grateful for this transformative development, made possible by our partnerships with the Texas Rangers and The Cordish Companies."
  • "The Cordish Companies," "The Cordish Company" and "Cordish" are trademarks used under license by independent corporations, legal liability companies and partnerships ("Cordish Entities").

Greystar Launches Pre-Leasing for Arista Residences, The Newest Luxury Apartments in Seattle's Ravenna Neighborhood

Retrieved on: 
Friday, May 13, 2022 - 8:30pm

SEATTLE, May 13, 2022 /PRNewswire-PRWeb/ -- Greystar, a global leader in the development, investment, and management of high-quality rental housing properties, today announced it has begun pre-leasing of Arista Residences, a luxury mid-rise residential apartment building in the heart of Ravenna. Located at 4715 25th Avenue NE, Arista is a seven-story mid-rise with 236 units and features timeless design, thoughtful curation, and distinctive style all centrally located between the University of Washington and University Village.

Key Points: 
  • "Greystar is excited to announce pre-leasing for this new Seattle development, Arista, that will elevate the lives of those in the UVillage District," said Aaron Keeler, Managing Director at Greystar.
  • "This development will bring a new, modern concept to the community and make ties between the cultural opportunities offered and its residents."
  • Designed to foster relationships and create community, the property is equipped with luxury amenities that compliment an elevated lifestyle.
  • The Ravenna neighborhood has become an elegant hub of commerce and community, with over 650-acres of parks and cultural opportunities at resident's back doors.

Hospitality Industry Veteran G.J. Hart Joins &vest as Newest Partner

Retrieved on: 
Friday, May 13, 2022 - 8:00pm

NEW YORK, May 13, 2022 /PRNewswire/ -- &vest, an investment platform founded in 2019 focused on SPACs and private investments, announced today its addition of hospitality industry leader G.J. Hart as a partner. The partnership with Hart comes as the company continues to bolster operational capabilities to support its transactions and portfolio companies. &vest currently runs two hospitality-focused SPACs (FAST Acquisition Corp I and II) and focuses a significant portion of its private capital on restaurant and hospitality companies.

Key Points: 
  • The partnership with Hart comes as the company continues to bolster operational capabilities to support its transactions and portfolio companies.
  • &vest currently runs two hospitality-focused SPACs (FAST Acquisition Corp I and II) and focuses a significant portion of its private capital on restaurant and hospitality companies.
  • Hart is a trailblazer in the restaurant industry, and his experience both in public and private markets is going to be invaluable to our team," said Doug Jacob, Co-Founder of &vest.
  • Most recently, Hart led a significant expansion of Torchy's Tacos, one of the most prominent high-growth restaurant brands in the industry.