Golfsmith to expand in Kansas
Austin, Texas Golfsmith International Holdings will fill a 40,000-sq.-ft. space in Overland Park, Kan., that was vacated by bankrupt Circuit City Stores.
According to a local broker, Golfsmith was represented in the lease transaction by Carl LaSala of LaSala-Sonnenberg Commercial Realty Co. in Overland Park.
During a Jan. 13 earnings call, Golfsmith International said it would open four new stores this year. The store openings are one of five 2010 revenue growth initiatives planned by the company, whose net income dropped to $63.9 million during the fourth quarter compared with $67.8 million in the year-ago quarter.
Johnny Rockets launches new concept
Lake Forest, Calif. Johnny Rockets announces the launch of its newest concept, Johnny Rockets Sports Lounge. The new, two-story sports bar-styled prototype is located in Manhattan and combines a traditional restaurant, downstairs, with sports-filled screens, stylish decor and a full-service bar, on the upper, ground floor.
The restaurant marks the opening of the company’s second Sports Lounge and the first located in the Big Apple. The chain currently provides support for nearly 300 restaurants in the United States and abroad, with plans to double that number in the next three-to-five years.