REAL ESTATE

Golfsmith to open 10 stores

BY Katherine Boccaccio

Austin, Texas — Golfsmith announced Thursday plans to open 10 stores and relocate four existing locations in fiscal 2012, increasing its sq. ft. by 17.5% and adding a more experiential presence.

The new 2012 stores include locations in Cleveland, Washington, D.C., Chattanooga, Tenn., Nashville and Atlanta. The relocations will move stores into spaces that provide an updated and expanded golf retail experience that mirrors the company’s new stores.

All scheduled store openings and relocations are slated for completion by year’s end

"We are well-positioned to capitalize on our excellent brand recognition and further expand our market share by opening stores in what we view as underserved markets that have strong demand,” said Golfsmith president and CEO Marty Hanaka.

The new stores will be funded by cash flow from operations, said Hanaka.

All new Golfsmith locations will feature driving ranges or simulators that allow customers to test drive the latest golf clubs. Every Golfsmith store offers free custom-fitting services. Club fitting specialists use computerized swing analysis systems to help customize new clubs specifically for that player’s capabilities.

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R.Iu says:
Apr-30-2013 07:37 pm

Awesome include more awesome certified details that might help others in such awesome way on chain storage.writing a term paper

R.Iu says:
Apr-30-2013 07:37 pm

Awesome include more awesome certified details that might help others in such awesome way on chain storage.writing a term paper

M.Donovan says:
Jan-31-2013 11:17 am

it is good to have some new stores! www.yachtbooker.de

M.Donovan says:
Jan-31-2013 11:17 am

it is good to have some new stores! www.yachtbooker.de

C.Floz says:
Nov-30-2012 11:10 am

The stores that will be opened are strategic and very specific spots that were chosen for the increase of business revenue and profit. What a nice way to spread the influence. - Markus Lattner

C.Floz says:
Nov-30-2012 11:10 am

The stores that will be opened are strategic and very specific spots that were chosen for the increase of business revenue and profit. What a nice way to spread the influence. - Markus Lattner

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REAL ESTATE

PGA Tour Superstore announces second Chicago location

BY Staff Writer

Roswell, Ga. — On the heels of announcing its PGA Tour Superstore opening in Schaumburg, Ill., the company announced that Downers Grove will be the site for the second PGA Tour Superstore in the Chicago area.

The 45,000 sq,-ft, store will will open early summer 2012, following the opening of the Schaumburg store. PGA stores are staffed with teaching professionals and have multiple state-of-the-art swing simulators, practice hitting bays and a putting green. There is also an in-house club making and repair facility. Many stores are equipped with a full-size tennis court and a tennis professional on staff for lessons and clinics. Along with equipment and accessories, PGA stores offer men’s, women’s and juniors’ apparel and footwear for golf and tennis.

The addition of the two Chicago-area stores will increase the number of PGA Tour Superstores nationwide to 14. The stores are owned and operated by Golf & Tennis Pro Shop, whose controlling owner and chairman is Arthur M. Blank, retired Home Depot co-founder and owner of the Atlanta Falcons.

"Our new customers will quickly see that we are equipped to serve a broad range of golf and tennis players, with an emphasis on offering the industry’s best brands, fitting products to each customer’s needs, and providing the broadest array of golf and tennis services," Blank noted. “We make it easy to get in, and stay in, the game.”

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Z.Ali says:
Jan-21-2013 12:26 pm

Excited to enjoy tour. Getting traffic tickets, I love tourism.

Z.Ali says:
Jan-21-2013 12:26 pm

Excited to enjoy tour. Getting traffic tickets, I love tourism.

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Walmart opens second superstore store in Chicago

BY Marianne Wilson

New York City — Wal-Mart Stores Inc. on Wednesday opened its second supercenter and fifth location overall in Chicago.

The opening of the 157,000-sq.-ft. store, located on the city’s South Side, followed the resolution of a seven-year battle between the retailer and the city’s labor unions and community activists. But sentiment changed as the recession-weakened economy and high unemployment supported Wal-Mart’s case for opening stores in Chicago that would create jobs and bring in sales tax revenue. The chain also agreed to pay Chicago employees at least $8.75 an hour, which is 50 cents above Illinois’ minimum wage.

Wal-Mart slated to open a third supercenter in Chicago next year, on the city’s Far South Side.

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