Sodexo to Launch 100 ‘Food Hive' Community-Oriented Campus Convenience Stores by 2026
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Sodexo plans to open 100 'Food Hive' convenience stores on U.S. campuses by 2026, with 30 locations expected by 2024-2025. These stores will offer a fast, cashless experience and support local, minority, and women-owned businesses.
January 02, 2025 | 5:00 pm
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Sodexo's initiative to open 100 'Food Hive' stores by 2026 could enhance its market presence in the U.S. campus dining sector, potentially boosting revenue and brand reputation.
The launch of 100 'Food Hive' stores aligns with Sodexo's strategy to expand its footprint in the U.S. campus market. This move is likely to increase revenue streams and improve brand image by supporting local and minority-owned businesses, which could positively impact SDXAY's stock price.
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