June 24, 2022 Retailers’ Expansion Plans Accelerate In 2022
After a cautious exit from the pandemic that saw retail square footage grow by just 0.3% in 2021, with more stores closing than opening, 2022 is shaping up to be a year of relatively rapid expansion, as retailers are predicting the fastest growth since 2015. REI Berkeley Employees Seek to Unionize
Following in the footsteps of the groundbreaking effort at REI’s SoHo New York City store, staff at the outdoor co-op’s Berkeley, CA store petitioned to hold a vote on whether to unionize with the National Labor Relations Board. KKR Acquires 96% of Accell Group
Accell Group’s acquisition by a consortium led by affiliates of Kohlberg Kravis Roberts & Co. is moving ahead. USWE Sports AB Acquires Giant Loop
The publicly traded Swedish backpack maker has acquired OR-based Giant Loop, which designs and manufactures soft luggage for powersports, for undisclosed terms. Etcetera: Foot Locker, Allbirds, Lids, Rally House
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