REAL ESTATE

City Sports Boston store to open this week

BY Katherine Boccaccio

Boston — City Sports announced that it will open its latest retail store this week at 225 Franklin Street, marking the company’s eighth store in its hometown Boston market and first in the city’s financial district.

The Franklin Street store will open the week of Sept. 9, giving a fresh look to the space once occupied by State Street. This will be the brand’s second new store in the Boston area this year, following the opening of City Sports’ Chestnut Hill location at The Street this past spring.

"As we continue our long-term growth plans, we are thrilled to be opening our newest store at Franklin Street, right in the center of our home city," said City Sports president and CEO Eddie Albertian.

Located in the heart of Boston’s Financial District, the 8,000-ft. Franklin Street space spans two floors with the majority of the sales area contained on the lower level in the original location of the State Street bank vault. The retail space will pay homage to the original vault along the staircase connecting the two levels with a 16-ft. installation that includes over 2,000 real pennies.

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REAL ESTATE

Pep Boys acquires 17 L.A.-area Discount Tire Centers

BY Dan Berthiaume

Philadelphia – The Pep Boys – Manny, Moe & Jack has acquired 17 Discount Tire Centers in Southern California from AKH Co. These 17 stores are located throughout the greater Los Angeles market, from Bakersfield to Orange County.

They will re-open on Sept. 12 as Pep Boys stores and provide full-service vehicle maintenance and repair, including brand-name and private-label replacement tires. According to the retailer, 75% of Los Angeles-area residents will live within three miles of a Pep Boys location once the stores are opened, with the new stores, Pep Boys has close to 150 stores in California and more than 750 locations nationally.

“We are excited to add these convenient service locations for customers and welcome new associates to the Pep Boys family,” said Pep Boys president and CEO Mike Odell. “We aim to grow in the neighborhoods where our customers live and work through the acquisition and development of Service & Tire Centers.”

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Dick’s opens stores in South Carolina, New Jersey

BY Dan Berthiaume

Pittsburgh – Dick’s Sporting Goods reopened a newly renovated store in Columbia, S.C., on Sept. 8 and is opening a brand new store in South Plainfield, N.J., on Sept. 13.

The remodeled 59,000-sq.-ft. store in Columbia includes additional specialized services and hands-on customer experiences, including a golf simulator, a club fitting center, putting green, an archery lane with an on-site bow technician, and bike safety inspections, custom fittings, tune-ups and assembly.

The South Plainfield location will be the retailer’s 17th store in the state of New Jersey and its 531st nationwide.

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