REAL ESTATE

New Balance factory store opens at Silver Sands Factory Stores

BY CSA STAFF

Miramar Beach, Fla. — New Balance announced that it opened its first factory store in Northwest Florida at Silver Sands Factory Stores on Thursday.

The 4,825-sq.-ft. store offers New Balance shoes and apparel for women, men and children. New Balance Factory Store is located near Swarovski at the east part of the center.

“We chose Silver Sands because we wanted to open in a high-performing center that has a great portfolio of brands,” said Stephen Dix, general manager of retail operations for New Balance.

Silver Sands Factory Stores is a Howard Group Development.

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REAL ESTATE

Sylvania Sports World opens at Starlite Plaza

BY CSA STAFF

Sylvania, Ohio — Sylvania Sports World announced it has opened a 12,800-sq.-ft. store at Starlite Plaza, located in Sylvania, Ohio.

The shopping center is owned by New York City-based Centro Properties Group.

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Barnes & Noble testing in-store interactive play spaces

BY CSA STAFF

New York City — A report released Thursday said that Barnes & Noble has launched a test of store-in-store toy boutiques at a few select locations, in order to boost sales and fill shelf space.

According to a report by Reuters, the retailer has opened five 3,000-sq.-ft. play areas over the last week, featuring educational toys and games.

The five stores, open on a trial basis, are located in New York, New Jersey and Connecticut. Barnes & Noble has said it will open more if the boutiques prove successful during the upcoming holiday season. The retailer is also broadening its array of items at its children’s department at 500 stores for the 2010 holiday season.

"It could be huge for us," William Lynch, CEO, said in the report.

But the company, which operates about 720 stores, has said it has no plans to significantly reduce its store count and instead intends to repurpose much of its floor space these children’s toy areas and for demonstrations of its Nook e-readers.

Barnes & Noble put itself up for sale in August and in September fended off a proxy fight waged by dissident investor Ron Burkle.

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