SABRE RETAIL REPORT
REI to close on Black Friday — pay employees to ‘Opt Outside’
REI Co-op is continuing one of its most iconic traditions. The outdoor retailer?will once again close its more than 190 locations — stores, distribution centers, adventure centers, call centers and headquarters...
PepsiCo to Aquire Siete for $1.2B, Expanding Health-Concious Food Portfolio
PepsiCo is acquiring Siete, a family-owned Mexican-American food brand, adding a flavorful and better-for-you product line to its massive portfolio for $1.2 billion. Launched in 2014, the Texas-based Siete offers certified...
Big Lots adds to available US retail space with escalation of store?closings
Closeout retailer Big Lots has significantly expanded the number of stores it plans to shut to roughly 450 locations, as part of one of the bankruptcy proceedings that is throwing millions of square feet of retail space onto...
Hudson, Dufry selected for NYC-inspired retail project at JFK
A retail transformation is coming to John F. Kennedy International Airport (JFK) in New York City. JFK Millennium Partners (JMP), the company selected by the Port Authority of New York & New Jersey to build and operate...
Starbucks opening two new global sustainable coffee farms
Starbucks is expanding its efforts to grow coffee beans productively with climate resilience and profitability for farmers.The coffee giant is following up on Hacienda Alsacia, its first company- operated coffee farm which serves as its...
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