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Bill Newbold, senior director of operations for Cycle Gear, give us an inside look at how the retailer is ramping up for 2014 and beyond.

Today in the news

Panda Express aims to stay trendy with new store concept
posted on Jul 23 14

Panda Express opened a new eatery in a Pasadena, Calif., strip mall that will double as a test kitchen for new menu items such as scallion pancake burrito wraps. The chain, known for its quickservice food court outlets, has added a fast-casual assembly line and a bubble tea bar to the new footprint in an ongoing effort to stay relevant with customers and increase traffic. Read the Fast Company online story here

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Report: Safeway is well on its way to sustainability goals
posted on Jul 23 14

Safeway has eliminated more than 300 million plastic and paper bags, part of the retailer’s goal to eliminate bags at all of its stores by 2015 and an item in its annual sustainability recently released report. Safeway is also halfway to its sustainable seafood goal and has achieved zero waste at nine of its 13 distribution centers and nine of its 20 plants. The retailer is also working on water efficiency, renewable energy and conservation projects, the report said. Read the TriplePundit.com story here

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Riu Plaza driving its U.S. expansion with openings in major markets
posted on Jul 22 14

The Riu Plaza brand is trying to make a big splash in the U.S. lodging space with planned openings in Miami Beach and New York. The Hotel Riu Plaza Miami Beach is a conversion of the former Riu Florida Beach and is scheduled to open November 1. The Riu Plaza New York Times Square, a $300 million new-build project with 654 rooms, is set to launch in November next year. Read the Travel Weekly story here

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Calif. port plans to invest $579M on capital projects in 2015
posted on Jul 22 14

Southern California’s Port of Long Beach has earmarked $579 million to spend on capital enhancements next year as part of a continuing $4 billion push to prepare the port for the future. Read the Platts story here

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Reebok founder proposes $4.6B casino for Jersey City
posted on Jul 21 14

Paul Fireman, Reebok founder and venture capitalist, has proposed a $4.6 billion casino in Jersey City, N.J., that would include a 95-story tower, Ferris wheel and venue for car racing. The project would require the state to allow casino gaming outside of Atlantic City. Read the Las Vegas Review-Journal/The Associated Press

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