Denver Westword I Fast-Casual Pizza Chains Vie for a Slice of the Denver Market

pizzaRestaurateurs around Denver are really hoping you’ll get on board with their fast-casual pizza concepts; time and money are being spent perfecting dough recipes, building health-conscious angles, and firing up custom ovens to blister crusts in the amount of time it takes you to swipe a debit card. Businesses are welcoming comparisons to other successful fast-casual operations — after all, if consumers have made the lowly burrito the king of the quick lunch, success seems more likely for newer chains if they mimic Chipotle’s service model and goals. Pizzeria Locale, Modmarket and Project Pizza are all competing for a slice of the pie market and are learning as they go.

Boulder-based Modmarket just announced that it has retooled its dough recipe, adding stone-ground wheat to the mix along with sea salt, olive oil, agave sugar and an overnight rise, which, according to the company’s press release, adds more flavor and strength to the finished dough. The new dough is now available at all eight Colorado Modmarket locations. A recent article on Thrillist included Modmarket in a list of small chains that could someday reach Chipotle-like proportions. The company also builds sandwiches and salads, capitalizing on the healthy-food trend in case the fast-casual pizza boom fizzles.

This comes right as the latest Pizzeria Locale opened in the West Highland neighborhood and owners Bobby Stuckey and Lachlan Mackinnon-Patterson (both of Frasca fame) announced that they’ve rolled out a new 100 percent stone-ground wheat dough, some of which is actually ground in-store in a custom-built mill. Pizzeria Locale plans to retrofit its original fast-casual restaurant on Broadway with the same equipment and processes to make the new dough, which will also be the standard for all future locations. Comparisons with Chipotle are accurate when it comes to Pizzeria Locale; Stuckey and Mackinnon-Patterson teamed with the burrito giant to streamline the concept, based on their original Boulder pizzeria, for the fast-casual market.

Read more: Denver Westword I Fast-Casual Pizza Chains Vie for a Slice of the Denver Market
Re-posted by: Crosbie Real Estate Group
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Forbes I Wal-Mart Really Wants To Be Your Bank, Retailer Launches Mobil Checking Account

Wal Mart newWednesday Wal-Mart and prepaid card provider Green Dot launched GoBank, a mobile-first checking account that aims to serve the nation’s under-banked.

“GoBank is breaking down the barriers to traditional banking and brings the benefits of a FDIC-insured checking account that’s loaded with features to a large segment of Americans,” said Green Dot CEO Steve Streit in a statement. The accounts will have no minimum balance, no overdraft fees will be charged and account holders will gain access to 42,000 free ATMs.

At $8.95 a month (plus $2.95 for a “starter kit” purchased at a Walmart store) GoBank is not the cheapest checking account around, but the monthly fee will be waived for customers who set up a direct deposit of $500 or more. According to Streit an independent Bretton Woods study found that customers pay approximately $218 to $314 annually for a basic checking account. That means even folks paying GoBank’s monthly fee ($107.40 annually) should come out ahead.

Echoing a sentiment shared when the retailer launched its Bluebird prepaid card with American Express in 2012, Daniel Eckert, senior vice president of services for Walmart U.S. added, “Walmart customers want easier ways to manage their everyday finances and increasingly feel they just aren’t getting value from traditional banking because of high fees.”

Read more: Forbes I Wal-Mart Really Wants To Be Your Bank, Retailer Launches Mobil Checking Account
Re-posted by: Crosbie Real Estate Group
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NY Daily News I Burger King to buy Tim Hortons, move headquarters to Canada

Burger KingBurger King is buying the coffee and doughnut chain for $11 billion with help from Warren Buffett. The new company’s headquarters will be based in Ontario.

Burger King just delivered Uncle Sam a real Whopper.

Burger King Inc. is buying Canadian doughnut outfit Tim Hortons in a move widely seen as a bid to lower its tax bills.

The Miami-based burger chain will plunk down $11 billion — some of it from billionaire Warren Buffett — to buy the iconic Canadian chain, and the new fast food behemoth will be headquartered in Ontario.

The move, confirmed Tuesday, will create the world’s third-largest fast food chain and signals BK’s strong play to capture bleary-eyed breakfast and coffee customers who typically flock to McDonald’s and Starbucks.

But the deal also appeared to be a ploy to lessen Burger King’s tax burden, a so-called tax inversion strategy that has been criticized by President Obama and Congressional leaders.

Setting up shop in the Great White North will allow Burger King to pay Canada’s friendly 26% corporate tax rate, a steep break from the U.S.’ nearly 40% rate, Forbes reported.

In the run-up to the deal, Burger King’s parent company said its flagship restaurant brand, which operates 14,000 locations, and the Tim Horton brand would be run independently, and Burger King’s operations would remain in Miami.

Read more: http://www.nydailynews.com/news/national/burger-king-buy-tim-hortons-move-headquarters-canada-article-1.1917058
Re-posted by: Crosbie Real Estate Group
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Crosbie Real Estate Group I Recent Deals

Some of our recent retail deals and tenant openings throughout the state of Colorado.

Some of our recent retail deals and tenant openings throughout the state of Colorado.

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King Soopers Grand Opening in Brighton, CO

Check out what we found at the King Soopers Grand Opening at our listing in Brighton!

Check out what we found at the King Soopers Grand Opening at our listing in Brighton!

To view available retail sites at this location, check out our brochure: http://www.creginc.com/pdf/Brighton_Mktplc_at_BrightonCrossing.pdf

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Eater Denver I Prairie Dog Pub & Grill Now Open in Littleton

Prairie Dog & Grill now open at our listing at Coal Mine Centre in Littleton.

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Prairie Dog Pub & Grill has recently opened in Littleton at 5935 South Zang Street. With friendly staff, the new restaurant and bar brings classic pub fare to an area that still has limited options. Among guests favorites are the nachos, Prairie Dog burger, and fried pickles.

Check out the nice, quiet patio and keep an eye out for the ladies night and other specials.
 
Read more: Eater Denver – Prairie Dog Pub & Grill Now Open in Littleton
Property brochure: http://www.creginc.com/pdf/Littleton_CoalMineCentre.pdf
Re-posted by: Crosbie Real Estate Group
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Colorado Real Estate Journal I Key Wheat Ridge site may be developed

Colorado Real Estate Journal I Key Wheat Ridge site may be developed

Check out our listing at 38th and Wadsworth featured in the Colorado Real Estate Journal!

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Colorado Real Estate Journal I Crosbie Real Estate Group Press Release

Colorado Real Estate Journal I Crosbie Real Estate Group Press Release

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Supermarket News I Convenience, technology leading small-store push at Walmart

Image Wal-Mart Stores will open more small stores than big stores in the U.S. this year, underscoring not only that more convenient concepts like Neighborhood Markets are outperforming their larger sibling Supercenters, but a concurrent company-wide effort to use digital technologies to make those small stores behave like large stores when shoppers want them to.

Several presentations during media events at the retailer’s annual shareholders meeting in Bentonville, Ark., on Thursday reflected that theme, including a tour of Walmart’s newest and smallest concept, the Walmart to Go convenience store, and a review of plans for a 15,000-square-foot site dedicated to Internet grocery pickup, set to open here later this year.

The 5,000-square-foot Walmart to Go, carrying just 3,500 SKUs, offers the same prices on identical items from a neighboring 180,000-square-foot Supercenter. Its offerings include c-store staples like fresh coffee, soft drinks as well as hot foods to go provided by a local deli that’s set up a kitchen there.

The as-yet unnamed and unbuilt internet pick-up outlet will carry some 10,000 SKUs and be staffed by logistics employees at Walmart. They will assemble orders made online and deliver to cars in as many as 30 drive-up lanes. The concept is based on a similar offering at Walmart’s United Kingdom banner, Asda, said Judith McKenna, chief development officer at Walmart and a former Asda exec.

Bill Simon, Walmart’s U.S. CEO, said that he saw the opportunity to open the 42,000-square-foot prototype Neighborhood Market grocery stores at a faster rate than the 180 to 200 planned this year. There are approximately 367 such stores today.

The still-smaller Walmart Express model has about 20 stores today, and is still in an evaluation stage, Simon explained, although he expressed enthusiasm for a new unit in North Carolina “thethered” to a larger Supercenter, providing shoppers the opportunity through the Internet and mobile applications to shop the entire breadth of a Supercenter for pick-up at the small store.

“What we’re trying to do with Express right now is build a model that has the ability to project nationally,” Simon said. “Our numbers are really big in every respect and we’re confident today that Neighborhood Markets will have a positive material impact on the company, that’s why we’re going through with that [store growth].”

Read More: http://supermarketnews.com/small-format-supermarket/convenience-technology-leading-small-store-push-walmart#ixzz34A7z148y
Re-posted by: Crosbie Real Estate Group
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Huge Thanks to all of our Sponsors at our Come As You Are Colorado Party!

Huge Thanks to all of our Sponsors at our Come As You Are Colorado Party!

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