REAL ESTATE

PGA Tour Superstore to open in Irvine, Calif.

BY Marianne Wilson

Roswell, Ga. — PGA Tour Superstore will open its second store on the West Coast, a 50,000-sq.ft, location in Irvine, Calif., later this year.

"We are excited to be expanding into Southern California, which encompasses one of the nation’s most renowned golf areas in the country," said PGA Tour Superstore president and CEO Dick Sullivan.

With the addition of this store, the number of PGA Tour Superstores will increase nationwide to 17.

As the PGA Tour’s exclusive off-course/off-airport retail partner, PGA Tour Superstores 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 Tour features men’s, women’s and juniors’ apparel and footwear for golf and tennis.

PGA Tour Superstore is operated by Golf & Tennis Pro Shop, Inc., headquartered in Roswell, GA, and is a majority-controlled subsidiary of AMB Group, LLC.

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REAL ESTATE

Ralph Lauren’s Denim & Supply format to make U.S. debut in New York City

BY Staff Writer

New York — Ralph Lauren Corp. will debut its Denim & Supply retail banner in the United States, opening a store in New York City this spring, according to WWD.com. It will be the first freestanding U.S. location for the brand, which features affordable price points.

Denim & Supply will be located at University Place in the city’s Greenwich Village area, in a space previously occupied by Ralph Lauren’s Rugby brand, which the company discontinued in late 2012. Ralph Lauren has already opened a number of Denim & Supply stores in Europe and Asia.

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REAL ESTATE

Saks to close Stamford, Conn., store

BY Katherine Boccaccio

New York — Saks Inc. announced Friday that it plans to close its Saks Fifth Avenue store located in Stamford Town Center in Stamford, Conn., in early 2014.

The shuttering is part of the department store chain’s continued right-sizing strategy. “We routinely evaluate the productivity, profitability, and potential of each of our store locations,” said Steve Sadove, CEO. “This planned closing is consistent with our strategy of utilizing our resources in our most productive Saks Fifth Avenue stores.”

The company has operated its Saks Fifth Avenue store in Stamford since 1983.

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