Atlantic Retail’s Post

End of an Era: 18 All America Firms Closing Doors in the US American retail and dining is changing irreversibly. Iconic stores and restaurants that once defined the vibrancy of community life are now fading memories, leaving behind empty storefronts and a sense of loss. What future awaits the next generation in this era of closed doors? https://lnkd.in/gc5XSGKC

🎰 𝐁𝐚𝐥𝐥𝐲'𝐬 𝐀𝐭𝐥𝐚𝐧𝐭𝐢𝐜 𝐂𝐢𝐭𝐲 𝐁𝐞𝐭𝐬 𝐨𝐧 𝐅&𝐁 🍽️ 🔍 Strategic Dining and Financial Shifts at Bally's Atlantic City 🔍 In a notable shift, Bally's Atlantic City is transitioning from the iconic Guy Fieri’s Chophouse to the internally managed Park Place Prime, slated for opening in July 2024. This move is part of a larger $100 million renovation aimed at revamping the casino and hotel facilities, signaling a shift toward enhancing in-house dining capabilities and financial performance. 📊 Navigating Complex Financial Waters Amid operational expansions, Bally’s Corporation’s faces substantial financial challenges, highlighted by a nearly 30% decline in its stock price over the past year. The ongoing discussions around a potential private takeover by Standard General L.P., which has proposed $15 per share—a premium compared to the previous trading price—underscore the critical financial reevaluations underway. This bid has sparked significant debate among shareholders, reflecting deeper concerns over the strategic direction and financial health of the company. 🍽️ Competitive Dynamics in Atlantic City As Bally’s enhances its dining offerings, it also faces increased competition from other major players like Ocean Casino Resort, which is expanding its culinary repertoire under Michael Schulson. This competitive landscape necessitates not only a shift in operational strategy but also increased marketing efforts and brand development to maintain and grow market share. 🌐 Looking Forward The strategic realignment of Bally's dining services and the broader financial recalibrations are pivotal as the company repositions itself in the competitive casino market of Atlantic City. The outcome of these strategic and financial negotiations will crucially influence Bally’s operational viability and competitive stance. Stay updated with us at Food & Gaming for continued coverage of Atlantic City's casino F&B scene. Dan Fetters Edward King Acies Investments Contessa Brewer Seeking Alpha #GLPI #BallysAtlanticCity #CasinoIndustry #StrategicManagement #FinancialAnalysis #HospitalityIndustry #MarketDynamics #CorporateStrategy #Economics #FoodandBeverage #Gaming #Casinos #BusinessDevelopment #MarketTrends #CorporateFinance #InvestorRelations #GamingTechnology #OperationalExcellence #CustomerExperience #Leadership #BusinessTransformation #AtlanticCity #EconomicImpact #FoodServiceManagement #LuxuryHospitality #BusinessInsights #StakeholderEngagement https://lnkd.in/guJ_PHSk

Just Listed: Former KFC Restaurant - Tacoma, WA - Julius@graystoneca.com The asset is located on a hard, signalized corner with unencumbered visibility, 24,000 VPD, and multiple access points. This vacant asset provides substantial upside for buyers who can execute a plan of repositioning and/or re-tenanting the property as an investor or an owner-user. This asset is also located in a dense, mixed-use trade area with dozens of complementary retailers. National QSR presence includes McDonald's, Taco Bell, and Chick-fil-A. The site is also directly en-route to an REI anchored center, and several smaller but highly trafficked shopping centers including Lincoln Plaza and Michael's Plaza. Immediate big box retail drivers surround the site including Costco. and the Tacoma Mall. The Tacoma Mall is a powerful regional mall within the Simon Property portfolio, attracting 10M visitors annually and serving a 1M trade area population spanning Tacoma and Olympia. Home to 150+ diversified brands and seven full-service restaurants, the mall punches way above its weight, attracting roughly the same number of annual visitors per square foot as the King of Prussia Mall. Overall, this offering provides a compelling opportunity for investors and owner-users to acquire a highly visible retail asset with attractive long-term re-leasing prospects. For more information on this listing and similar inventory coming to market, please contact Julius Swolsky, Brenton Baskin, and Connor Crovello. julius@graystoneca.com brenton@graystoneca.com connor.crovello@graystoneca.com

#malls #arcades #retail #realestate This is a fairly interesting write-up from Bloomberg about a well-known Japanese arcade chain expanding into America, but also, about how malls are keeping themselves relevant by focusing on attractions and experiences. Although in the Gulf, We didn't have a excess of shopping malls, we've seen dramatic changes in shopping habits, making retail unsustainable and that's led to more dining and entertainment options, everything from indoor rollercoasters to Michelin star restaurants pop up in malls in this region. What do you think? https://lnkd.in/d2ixp7Q3

How long would you wait? Today is the grand opening of Randy’s donuts in Phoenix, Arizona. Are you the type of person who likes to go to the #grandopening ? Generally, I like to let the hype wear down. But this store is in my area of focus and I wanted to share this video with you. #retailrealestate #commercialrealestate #arizona #marketupdate #drivingmymarket

Thanks you Craig Van Straten and George Cracknell of John D Wood for acting for Fortune Green Capital Ltd and finding Starbucks for one of our retail units. Great work from all especially Nikita Tuli and Nick Kephalas of YVA Solicitors on the legals. We are happy to buy vacant and short let commercial units across the M25 please get in touch if you have any thing suitable… 🤝📑🏢🏬🏫🏣🏭🏠🏗️🌇 #commercialinvestment #londonproperty #gotanydeals? #propertyinvestment

GREAT INSIGHTS TO RESTAURANTS AND FAST FOOD CHAINS. When human engagement and creative marketing come together, the outcomes can be quite remarkable. I was astonished by the number of vehicles at a vintage IHOP located on Route 9 in Roswell, Georgia. The atmosphere was inviting, with the hostess greeting most customers by name as they entered. The staff was efficient, and their T-shirts reflected the values they stood for. Investing in people pays dividends for both franchise owners and business operators. Many retail stores are understaffed, and while employees put in hard work, they often don’t have the time to connect with customers. Introducing a dedicated host or hostess can significantly enhance the customer experience by establishing that unique human connection that each brand or store can provide. Furthermore, three key branding elements that can make a notable impact are scent, music, and the cleanliness of restrooms, especially when given a feminine touch. These aspects should not be overlooked. And naturally, a T-shirt featuring the ideal message can truly make a difference. #marketing #branding #ihop #retail

Just Listed: Former KFC Restaurant - Tacoma, WA The asset is located on a hard, signalized corner with unencumbered visibility, 24,000 VPD, and multiple access points. This vacant asset provides substantial upside for buyers who can execute a plan of repositioning and/or re-tenanting the property as an investor or an owner-user. This asset is also located in a dense, mixed-use trade area with dozens of complementary retailers. National QSR presence includes McDonald's, Taco Bell, and Chick-fil-A. The site is also directly en-route to an REI anchored center, and several smaller but highly trafficked shopping centers including Lincoln Plaza and Michael's Plaza. Immediate big box retail drivers surround the site including Costco. and the Tacoma Mall. The Tacoma Mall is a powerful regional mall within the Simon Property portfolio, attracting 10M visitors annually and serving a 1M trade area population spanning Tacoma and Olympia. Home to 150+ diversified brands and seven full-service restaurants, the mall punches way above its weight, attracting roughly the same number of annual visitors per square foot as the King of Prussia Mall. Overall, this offering provides a compelling opportunity for investors and owner-users to acquire a highly visible retail asset with attractive long-term re-leasing prospects. For more information on this listing and similar inventory coming to market, please contact Julius Swolsky, Brenton Baskin, and Connor Crovello. julius@graystoneca.com brenton@graystoneca.com connor.crovello@graystoneca.com

🏥 𝑩𝒖𝒓𝒈𝒆𝒓 𝑲𝒊𝒏𝒈 𝒔𝒆𝒕 𝒕𝒐 𝒊𝒏𝒗𝒆𝒔𝒕 𝒂𝒏𝒐𝒕𝒉𝒆𝒓 $300 𝑴 𝒐𝒏 𝒈𝒓𝒂𝒏𝒅 𝒐𝒖𝒕𝒍𝒆𝒕 𝒓𝒆𝒎𝒐𝒅𝒆𝒍𝒊𝒏𝒈 𝒑𝒓𝒐𝒋𝒆𝒄𝒕☀ In April 2024, As part of a larger turnaround attempt, Burger King plans to renovate roughly 1,100 of its U.S. stores with an additional 💸$300 million investment. Burger King's return plan was initiated a year and a half ago by its owner, Restaurant Brands International, with $250 million going toward 🍽restaurant renovations, equipment upgrades, and #technological upgrades. An extra $150 million was allocated for advertising and the company's #mobile app📱. To expedite the refurbishment process, the parent firm paid $1 billion💰 in January to acquire #CarrolsRestaurant Group, the largest Burger King🍔 #franchisee in the United States. The corporation projects that modernizing 600 Carrols outlets will cost an extra $500 million. Restaurant Brands plans to invest a total of about $2.2 billion, including this most recent investment, to resurrect the chain's U.S. business. By 2028, the firm hopes that 85–90% of its nearly 7,000 restaurants in the United States would have the same contemporary style. 𝑩𝒓𝒐𝒘𝒔𝒆 𝒂𝒕 𝒐𝒖𝒓 𝑳𝒊𝒏𝒌𝒆𝒅 𝑹𝒆𝒑𝒐𝒓𝒕 👉:https://bit.ly/4aYZsCW #BurgerKing  #RestaurantBrandsInternational #FastFood #Restaurant 

The in-store/on-site experience is certainly a challenge to balance, and the rapid diversification of location approaches creates confusion. Too many of the newer locations feel like they were outfitted on the cheap, and the bathroom issue (don't forget that) creates a challenge, especially for the Downtown and close-to-highway-exit stores. https://lnkd.in/eD7yDYFv