REAL ESTATE

Ralphs opens new California store April 10

BY Dan Berthiaume

Compton, Calif. — Ralphs will open a new Ralphs Fresh Fare store in Sherman Oaks, Calif., on April 10. The new 72,000-sq.-ft.store replaces an older Ralphs that operated for 42 years from the same location before it was closed in 2012, and will employ about 240 full- and part-time workers.

The new Sherman Oaks Ralphs will also feature an in-store Murray’s Cheese Shop, as well as fresh produce; a fully staffed meat department; a fresh seafood department; a full-service bakery; a service delicatessen with fresh items; and a full-service pharmacy. The store will also feature Kosher Experience, a 1,500-sq.-ft. store-within-a-store featuring a full-service delicatessen, bakery, meat and seafood department, frozen food section and several aisles of non-perishable kosher food products.

"Sherman Oaks shoppers can expect to see great prices, larger product variety and top-notch customer service at our new Sherman Oaks Ralphs Fresh Fare," said Donna Giordano, president of Ralphs. "We’re excited about the new products and services we are offering in our new Sherman Oaks store and we look forward to continuing our partnership with the community."

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REAL ESTATE

PGA Tour Superstores targets 50 locations by 2018

BY Marianne Wilson

Atlanta — PGA Tour Superstores announced three new store openings in 2014 and an ambitious growth strategy that will more than double its current retail footprint, adding one million square feet of new golf retail space over the next five years.

As part of its growth plan, the mega-golf retailer will open new interactive retail experience stores this fall in Orlando, Florida; North Scottsdale, Arizona; and Southlake, Texas.

"Despite a flat retail landscape in the golf industry, we have growth plans that prove experiential retail is alive and well," said PGA Tour Superstore president and CEO Dick Sullivan. "We currently have plans to grow PGA Tour Superstore’s presence by up to 25% per year over the next five years in locations across the U.S.”

The company currently has 19 retail stores ranging from 40,000 sq. ft. to 50,000 sq. ft. per store. Each store has up to 14 custom fitting simulators and practice bays in every location. The retailer plans to have up to 50 locations by 2018.

"When it snows in Chicago or New York, golfers can come into our stores, work on their game and see their ball flight on our launch monitors,” Sullivan said.” And they can putt on our 2,000-sq.-ft. putting greens. This experiential format works, and we’re excited to roll it out to many more markets over the next several years."

Each store features certified golf pros, personalized golf lessons and the best in golf technology, equipment, apparel, custom fitting and repairs. The stores are owned and operated by Golf & Tennis Pro Shop, Inc., whose controlling owner and chairman is Arthur M. Blank, retired Home Depot co-founder and owner of the Atlanta Falcons.

"We couldn’t have picked three better markets to expand in this year," added Sullivan. "Orlando is a new market for us and builds on our presence in Florida, while Southlake and North Scottsdale allow us to add stores into two existing markets."

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REAL ESTATE

Nordstrom Rack to open in Bakersfield, Calif.

BY Dan Berthiaume

Seattle — Nordstrom announced plans to open at a Nordstrom Rack at The Shops at River Walk in Bakersfield, Calif. The approximately 35,000-sq-ft. store is scheduled to open in spring 2015.

The new Nordstrom Rack will be the company’s first location in Bakersfield.

"We have a lot of stores in California, but until now we haven’t had the opportunity to serve customers in Bakersfield," said Geevy Thomas, president of Nordstrom Rack. "This additional location will make it more convenient for customers who have been driving over 100 miles to shop with us. We look forward to bringing them a local store that will offer many of the same great brands we carry at Nordstrom but at significant savings."

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