Key Takeaways: Murphy USA’s core business is performing at a high level, driven by fuel margin expansion and consistent inside sales growth New store development remains a primary growth lever, with a steady pipeline of openings underway QuickChek represents a drag on overall performance, with restructuring efforts focused on improving [...]
Key Takeaways: BMO plans to open 145 new branches across California and Arizona The bank is concentrating growth in higher-potential Western markets BMO is selling 138 branches to First Citizens as part of a broader footprint realignment The expansion builds on BMO’s Bank of the West acquisition and long-term U.S. [...]
7-Eleven plans to close 645 convenience stores across North America during fiscal 2026, marking the fifth consecutive year the company will shutter more locations than it opens. The closures are a central part of a broader effort to streamline operations, improve margins, and reposition the portfolio ahead of a delayed [...]
QuikTrip is rolling out its new Generation 4 (GEN4) prototype, signaling a shift back toward enhancing its core convenience store model after years focused on large-format travel centers. The first location is set to open in Broken Arrow, Oklahoma in spring 2026, introducing a 6,400-square-foot format—approximately 1,000 square feet larger [...]
On July 4th, President Trump signed the “One Big Beautiful Bill Act” into law, marking a significant shift in tax policy that will benefit commercial real estate investors. Among its key provisions is the permanent restoration of 100% bonus depreciation for qualifying properties purchased after January 19, 2025—a powerful tool [...]
Long-Awaited Cut Has Positive Implications for Commercial Real Estate and Consumers After reducing the overnight lending rate by 50 basis points in September, the Federal Open Market committee opted to cut again by half that margin at the November meeting. This returns the target lower bound to 4.5 percent — [...]
Long-Awaited Cut Has Positive Implications for Commercial Real Estate and Consumers The Federal Open Market Committee (FOMC) slashed the the federal funds rate by 50 basis points during its September meeting, setting the lower bound at 4.75 percent. The first cut since March 2020, this decision reflects the Fed's confidence [...]
Mild Unemployment Dip Eases Recession Fears While Job Growth Remains Tepid National unemployment fell by 10 basis points month-over-month to 4.2 percent in August, alleviating some recession concerns following a notable jump in July. Driving the August decline was a moderation in the number of people on temporary layoff. The [...]
Eases in Pricing and Hiring Pressures Pave Way for First Steps Toward Lower Rates Headline CPI increased 2.5 percent year over year in August — its smallest annual gain since February 2021. This slowdown is in part fueled by a 4.0 percent drop in energy prices. Removing that category along [...]
Pricing pressures fell to over three-year low. The creation of 206,000 jobs in June brings total net hiring for the second quarter to 532,000, the lowest three-month total for employment growth since January of 2021. Much of the recent hiring slowdown has come from industries tied to the business cycle, [...]
