24 posts categorized "Retailing"

04/09/2014

PGA TOUR Superstore plans a Southlake location this year

PGA TOUR Superstore, the Atlanta-based golf retailer, plans a store in Southlake this year. 

The store will be located at the southwest corner of Southlake  Boulevard and Kimball Avenue. It will be its third Texas store, joining two Plano locations. 

PGA TOUR is also opening stores in Orlando and North Scottsdale this year. 

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

PGA TOUR Superstore currently has 19 locations ranging from 40,000 to 50,000 square feet. Each store has up to 14 custom fitting simulators and practice bays.  

“What’s different about PGA TOUR Superstore is we purposely design our stores with what the golfers want from an experience and product assortment point of view,” Sullivan said.

PGA TOUR Superstores feature 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. 

_ Sandra Baker

 

01/30/2014

WinCo Foods opening Fort Worth store Feb. 6

Boise, Idaho-based WinCo Foods is opening its store in Fort Worth Thursday.

The 94,000-square-foot store is located at 8000 Crowley Road, on 12.5 acres at the southwest corner of Sycamore School and Crowley roads. The employee-owned grocery store bought the land a year ago.

WinCo also plans to open a store at Dick Lewis Drive and Thaxton Parkway in North Richland Hills this quarter.

It is opening a store in McKinney on Thursday as well.

WinCo stores are open 24 hours and have 18 checkout lanes, but shoppers will bag their own groceries, he said. Self check-out lanes will also be available.

_ Sandra Baker

11/08/2013

DSW and Havertys coming to Alliance Town Center in north Fort Worth

DSW Designer Shoe Warehouse and Havertys furniture store will open at Alliance Town Center in north Fort Worth by Labor Day weekend of 2014.

Fort Worth-based Trademark Property Co., who is partnering with Hillwood Property, to develop the shopping center also said new tenants Cold Stone Creamery, Lane Bryant and H&R Block will also open in 2014.

Construction should begin later this year or early next year on the 15,000-square-foot DSW, which will be located south of the recently opened Dick’s Sporting Goods.

Havertys will start construction in December on a 35,000-square-foot store near the new DSW, Trademark said.

Razzoo’s Cajun Cafe and Pie Five Pizza Co. are scheduled to open in December at the center.

 _ Sandra Baker

10/16/2013

Amazon's new Haslet facility ships its first item

Amazon1
Amazon.com, which built a 1.1 million-square-foot fulfillment center in the Alliance development in north Fort Worth, says it shipped its first item from the facility: a "night vision trial camera" bound for Nebraska (shown in the photo above with employee Jill Demuth). More than  200 people are now working at the center and it expects to keep hiring workers to "pick, pack and ship" small items like books, electronics and DVDs, the company said today. It also said its new 1-million-square-foot Coppell fulfillment center shipped its first order, bound for Massachusetts. The online retailer said more than 400 people have been hired for that facility.

Haslet also has a new fulfillment center outside of San Antonio. The three facilities altogether were expected to employ about 1,000, the company said in January, when the centers were announced. That followed an April 2012 agreement Amazon made with the state to create 2,500 jobs in the state and invest at least $200 million over four years to settle a contested $269 million Texas sales tax bill. It had closed an Irving fulfillment center during the tax dispute, which started in 2008

-- Jim Fuquay

10/03/2013

Epiphany Boutique leases in Fort Worth's West 7th development

Epiphany Boutique has leased 1,463 square feet at 2956 Crockett St. in the West 7th development.

Epiphany is a lifestyle boutique that showcases an eclectic mix of apparel and accessories for men and women, plus handmade jewelry, shoes, college tees and a wide selection of  hats.

Owner Sherry Andrus operates two other locations, Epiphany Boutique for Women and Epiphany for Men in Dallas’ Bishop Arts District.

Epiphany Boutique will open this month.

Perren Gasc with Centennial Retail Services represented the landlord.

_ Sandra Baker

09/30/2013

The Container Store to go public

The Container Store, the popular Coppell-based retailer that was bought out by a private equity fund in 2007, on Monday made official long-standing speculation that it intended to go public this year. In a filing with the Securities and Exchange Commission, the 61-store chain said it intended to use unspecified proceeds from the sale of shares to pay a dividend to its owner. If its initial public offering is oversubscribed, it will use the additional proceeds to repay part of the $361 million outstanding under a secured loan.

Founders Kip Tindell and Garrett Boone founded the store in 1978 in Dallas. In 2007 Leonard Green & Partners acquired the company for an undisclosed price.

According to Container Store’s SEC filing, it had $707 million in sales in its 2013 fiscal year, which ended March 2. It lost $90.5 million that year, breaking even on operations but accruing $90.4 million in preferred dividends. For the six-month period ending Aug. 31, the company lost $688,000 on sales of $343.4 million, its filing showed. It reported a hefty gross profit margin of 58.4 percent for that period. It reported long-term debt of $371 million as of Aug. 31.

-- Jim Fuquay

09/06/2013

Five Below to open several Dallas-Fort Worth stores Thursday

 

Five Below, the Philadelphia-based retailer of extreme-value apparel and merchandise for teens and pre-teens, will open 11 new stores in Dallas-Fort Worth Thursday, Sept. 12, including three in Tarrant County

 

The retailer opened four stores in Austin in August.

 

The stores have an assortment of tech, fashion, beauty, crafts and seasonal items for teens and pre-teens.

 

The Tarrant area stores are in Mansfield Town Center, 2041 N. U.S. 287, Overton Park Plaza, 4820 SW Loop 820, and the Shops at Northeast, 894 North East Mall Blvd.

 

As part of its grand opening, Five Below will take entries and select one winner to receive four suite tickets to a Dallas Cowboys game. The winner will also watch the halftime show from the sidelines with the Dallas Cowboys’ Cheerleader director.

 

Each store will also pick a runner-up to receive a $100 Five Below shopping spree.  

 

Five Below is open 10 a.m. to 9 p.m. Monday through Saturday at 11 a.m. to 6 p.m. Sunday.

 

_ Sandra Baker

06/18/2013

Centergy Retail releases first look at proposed Left Bank project

Fort Worth-Rendering B - rev-02

Centergy Retail has completed buying 35 acres west of the Trinity River off West Seventh Street where it plans an a grocery-store anchored development to include a hotel, apartments, shops and offices.

 West Miller, Centergy president, said the location, being called the Left Bank, would be ideal for such retailers as Neiman Marcus and Whole Foods, but stresses the company is talks with a lot of national retailers for the site.

 “We don’t have a deal with Neiman Marcus,” Miller said. “We have talked to them. We have talked to a lot of department stores.”

 The area is ready for a traditional grocery store, though, he said.

 “There are several good grocers out there and my job is talk to all of them,” Miller said.

 Neiman Marcus has a store in Ridgmar Mall. Target, in the adjoining Montgomery Plaza development, has a grocery section.

 Centergy bought the bulk of the West Seventh Street property from Chesapeake Land Co.

 Centergy late Monday released the first renderings of what the Left Bank could look like.

_ Sandra Baker

 

05/03/2013

Goodwill Industries to open Granbury location

Goodwill Industries of Fort Worth will open a new 12,000-square-foot store, donation center and free career center at 1427 South Morgan Street (Hwy 144) in Granbury’s Port Brazos Center.

The store, which opens at 9 a.m. on Friday, May 10, is the 20th location in the greater Fort Worth area.

The public is invited to an opening ceremony at 9 a.m.

"Every retail store that Goodwill is able to open means more revenue to support our job training and placement programs for individuals with disabilities and other barriers to employment," said David Cox, president and CEO.

Goodwill said it is expanding to reach as many residents in Weatherford, Cleburne, Denton, Fort Worth and surrounding areas as possible.

The career center inside the Granbury location will provide Hood County residents with free access to job-search experts, computers, Internet and telephones. The career center will be open Monday through Friday from 8 a.m. to 4:30 p.m.

The Granbury location will be open from 9 a.m. to 9 p.m. Monday – Saturday, and 11 a.m. to 7 p.m. on Sunday.

Goodwill is a non-profit leader in providing education, training and career services for people with disabilities.

_ Sandra Baker

04/15/2013

Costco plans north Fort Worth location

FORT WORTH — Costco Wholesale, the Washington-based membership warehouse club, is under contract to buy 17 acres of land in the Presidio Junction development in north Fort Worth where it plans its fourth Tarrant County location.

Steve McArthur, a real estate broker with Northwest Atlantic who works with Costco in the Texas market, said the company will begin construction on the store as soon as LNR Property Corp., Presidio’s developer, completes some infrastructure work at the site. Once that site work is completed, it will take Costco about four months to complete the store, he said.

McArthur said the store will likely open in late spring 2014.

The site, 8900 Tehama Ridge Parkway, is on the west side of Interstate 35W and south of North Tarrant Parkway, across from Alliance Town Center.

"We’re expanding in a lot of areas in Texas," McArthur said. "That’s one area we know has good housing growth."

Building permits recently issued by the city of Fort Worth show the store to be 153,847 square feet and will cost $11 million to build.

The store will have about 200 employees, half of which will be fulltime workers, he said.

Costco also has stores in Arlington, Southlake and in southwest Fort Worth.

Presidio Junction is a 300-acre master-planned community of Newport Beach, Calif.-based LNR, which bought the land in 2007. LNR has planned 1 million square feet for shops and restaurants, 1,300 apartments and 750,000 square feet for a hotel, fitness center and Class A office space.

LNR has a regional office in Dallas.

_ Sandra Baker

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