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Supply chain theft poses major problems for retailers
Washington, D.C. -- Organized retail crime should not be an issue solely addressed at the store level, according to the results of the National Retail Federation’s seventh annual Organized Retail Crime survey. More than half of retailers (49.6%) say they have been a victim of cargo theft in the past 12 months.
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REI to make South Carolina debut
Greenville, S.C. -- Charlotte, N.C.-based The Chambers Group, an X Team partner, said it has completed a lease for the first REI in South Carolina.
The outdoor equipment retailer will join The Point shopping center, a Whole Foods-anchored property located in Greenville, S.C., and owned by Beachwood, Ohio-based Developers Diversified Realty.
REI will occupy 22,000 sq. ft. of a former Circuit City space.