REAL ESTATE

Dover Saddlery plans first Florida store

BY Dan Berthiaume

Littleton, Mass. – Dover Saddlery Retail plans to open its first store in Florida next month. Located in Winter Park, just north of Orlando, the new Dover Saddlery store will offer the retailer’s full line of equestrian products as well as in-store services such as a saddle demo program and custom boot and coat fittings.

"We are excited to open our first store in Florida and join the equestrian community of Winter Park and the surrounding areas," said Ken Cavanaugh, director of retail at Dover Saddlery.

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REAL ESTATE

Fresh Market names Advance Auto Parts exec as real estate VP

BY Dan Berthiaume

Greensboro, N.C. – The Fresh Market has named Randall A. Young as its senior VP real estate and development effective Sept. 30. Young, 56, will oversee the company’s real estate and development functions including market strategy development, site selection, store design, construction, store relocations and renovations.

Young most recently served as VP, real estate at Advance Auto Parts. He has also held a variety of real estate and construction roles at McDonald’s Corporation, among other companies.

“Randy is a great addition to our senior leadership team and brings a strong real estate background and deep knowledge of site development with growth-oriented retailers," said Craig Carlock, president and CEO of The Fresh Market. "With more than 30 years of experience in real estate development, Randy’s broad corporate experience and deep industry relationships are a great fit as The Fresh Market executes on its aggressive national store growth strategy."

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Claire’s expands global footprint with stores in Philippines, Costa Rica and Colombia

BY Marianne Wilson

Chicago — Claire’s Stores announced its recent entry into three new countries — Philippines, Costa Rica and Colombia — as well as new license agreements for Brazil, Scandinavia and the Balkans.

Jim Fielding, CEO, stated: "We continue to identify expansion opportunities worldwide. Our franchise partners have opened stores in three new countries in 2013 and we expect to enter an additional three countries during the rest of the year. We are pleased with our progress to date and encouraged by the opportunities."

Claire’s franchisee recently opened its first five stores in the Manila metropolitan area of the Philippines and plans to continue developing stores throughout the country.

Within the Central and South America region, Claire’s celebrated the opening of franchise stores in San Jose, Costa Rica and in Bucaramanga, Colombia, marking the company’s initial entry into these two Latin American countries.

In addition to these market entries, Claire’s has entered into license agreements for Brazil, Scandinavia, and three countries in the Balkans.

The company will be launching stores in the Balkans, specifically in Belgrade, Serbia this year with future planned store development in Croatia and Slovenia. These initial store openings in Brazil, Sweden, and Serbia are expected to take place during the fourth quarter of fiscal year 2013.

Claire’s operates 3,094 stores in North America, Europe, and China. The company also franchised 414 stores in 25 countries primarily located in the Middle East, Central and Southeast Asia and Central and South America.

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