{"id":328782,"date":"2024-08-06T00:20:22","date_gmt":"2024-08-05T16:20:22","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=328782"},"modified":"2024-08-06T01:00:54","modified_gmt":"2024-08-05T17:00:54","slug":"trade-the-news-sm-store-plans-to-add-coffee-bean-tea-leaf-outlets-to-all-its-stores-by-2026","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-sm-store-plans-to-add-coffee-bean-tea-leaf-outlets-to-all-its-stores-by-2026\/","title":{"rendered":"Trade the News: SM Store plans to add Coffee Bean & Tea Leaf outlets to all its stores by 2026"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>Jollibee Foods Corp.<\/td><\/tr>
Stock Code<\/strong><\/td>JFC<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 335.28<\/td><\/tr>
<\/td><\/td><\/tr>
Potential Impact of this News<\/strong><\/td>NEUTRAL on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>SM Investments Corp.<\/td><\/tr>
Stock Code<\/strong><\/td>SM<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 1,086.67<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

The SM Group and The Coffee Bean and Tea Leaf, part of the Jollibee Group, announced a partnership to roll out in-store cafes in all 78 SM Store branches by 2026.<\/p>\n\n\n\n

At presents 25 SM Store branches already feature CBTL cafes, including prominent locations like North Edsa, Megamall, and Southmall, SM said in a statement. The planned expansion aims to add 53 more in-store cafes over the next two years.<\/p>\n\n\n\n

\u201cHaving a CBTL cafe in SM Store not only adds sophistication but also provides convenience and comfort to shoppers, transforming shopping into an enjoyable and relaxed experience,\u201d said Paolo del Rosario, co-founder and vice president for marketing and business development at CBTL.<\/p>\n\n\n\n

The partnership started with the first CBTL branch opening at SM Store North Edsa in December 2022, aiming to create welcoming spaces for shoppers.<\/p>\n\n\n\n

\u201cCBTL has committed to opening cafes in SM Store based on their global reputation for exceptional customer service. We choose partners who align with our commitment to enhancing customer experience,\u201d said Dhinno Tiu, executive vice president of the SM Store.<\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-328782","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/328782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=328782"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/328782\/revisions"}],"predecessor-version":[{"id":328784,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/328782\/revisions\/328784"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=328782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=328782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=328782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}