REAL ESTATE

Golfsmith expansion continues with new store in Ohio

BY Staff Writer

Dayton, Ohio — Golfsmith International, is opening a store Beavercreek, Ohio, with a grand opening celebration on May 10-May 12.

The new 20,845-sq.-ft. store features a dominant selection of the best brands in golf and the ultimate ‘try before you buy’ interactive environment. The store has three high-tech golf simulators and an expansive indoor putting green that enable customers to experience the latest equipment.

The new location also features GolfTEC, a state-of-the-art in-store improvement center, with PGA teaching professionals and certified coaches to help golfers improve their games.

The new store is part of Golfsmith’s aggressive growth strategy that is bucking an industry trend of golf store closures. According to the National Golf Foundation, almost half of all golf stores in America closed in the last decade. The Texas-based Golfsmith will continue its expansion in 2013 with 10 planned stores throughout the United States.

The Dayton/Beavercreek store is Golfsmith’s fourth location in Ohio with other stores including Cleveland, Columbus-Easton and Columbus-Sawmill.

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Coffee Bean & Tea Leaf goes wireless

BY CSA STAFF

LOS ANGELES, Calif. — The Coffee Bean & Tea Leaf, a leading specialty coffee and tea retailer, is leveraging wireless technology to retain existing customers and encourage new ones to come into their stores.

The company will test wireless charging with Power Matters Alliance at select Los Angeles locations and plans to deploy wireless charging with PMA in dozens of California stores this quarter, with the aim of expanding nationally and internationally shortly thereafter.

"Wireless power is becoming mainstream and we want our consumers to be able to recharge their digital self no less than their physical self in our stores," said Mel Elias, CEO and president, the Coffee Bean & Tea Leaf. "Even those who cannot read tea leaves can see the PMA’s momentum; and we are pleased to be able to play our role in support of the wireless power industry for the benefit of consumers worldwide."

"I’m very excited that the PMA is aligning with the Coffee Bean to test wireless charging in stores within their core market," said Ron Resnick, president of the PMA. "The Coffee Bean epitomizes what the PMA is about: not simply setting a global standard, but creating a real-world ecosystem of smart, and environmentally responsible wireless power, for the benefit of consumer everywhere."

PMA was founded by Procter & Gamble and Powermat Technologies in 2012. Google’s Vint Cerf is its honorary chairman, and its board includes AT&T, Duracell, Starbucks and the U.S. Government’s Energy Star and Federal Communications Commission. Compatible ‘wireless charging spots’ have been installed at leading airports, stadiums, restaurants, gyms and hair salons.

The Coffee Bean & Tea Leaf is a privately held specialty coffee and tea retailer with more than 850 stores in 24 countries.

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REAL ESTATE

WS Development to open outlet center in Cheshire

BY Staff Writer

Chestnut Hill, Mass. — WS Development announced that it will develop an outlet center in Cheshire, Conn. WS Development will introduce leading fashion and designer outlet stores to the 500,000 -sq.-ft. project, which is expected to open in summer 2015.

This open-air shopping, dining and entertainment complex will also include public open space, walkways, recreation amenities, a residential component and full service grocer.

“The decision to build a destination outlet center is in large part due to the very strong retail interest in the project and the success of outlet centers today” said Mark Roberts, senior VP of leasing at WS Development. “With its convenient highway location and super regional access, the project is perfectly positioned within the state for outlet retail.”

The center will be located at the I-84/I-691 Interchange in Cheshire along Route 10 in the town’s Interchange Zone.

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