Weekly Perl: A Commercial Real Estate News Recap
Palisades Fire Update: 77% Contained, 23,448 Acres Burned as of Friday, Jan. 24 at 6:24 a.m.
As of this morning, the Palisades Fire has reached 77% containment, having burned 23,448 acres. Overnight, Santa Ana winds brought gusts of 35-45 mph, but today’s forecast shows improving conditions, with winds shifting from northeast to southwest and increasing humidity expected by afternoon.
Chick-fil-A’s Next International Push: More Growth in Canada
The chain is targeting British Columbia for development after successful expansion into Alberta in 2024.
Smoothie King eyes 100+ new stores in 2025
After a strong 2024, Smoothie King is projecting even more expansion in the new year.
Consumer spending forecast to grow 3.1% this year
2025 could be a “breakthrough year,” as retailers engaging with generative AI see some results, according to Deloitte.
List of Walgreens Stores Closing in 2025
In 2024 the pharmacy chain Walgreens announced it will be closing 1,200 unprofitable stores around the U.S., with some 500 of those closures set for the 2025 financial year.
90-Year-Old Krystal’s Next Act Starts with People
The restaurant industry has, in short order, progressed from a technology laggard to a well of shiny objects.
Why Cortadito Coffee House is One to Watch
The rising beverage concept infuses Cuban culture into morning coffee rituals.
This Iconic Restaurant Chain Has Lost 90% of Its Locations—And Just Shut Another Down
Friendly’s just closed another location—can the struggling chain make a comeback?
