With four new stores opened in the third quarter, the chain hascompleted its fiscal 2007 expansion plans of 15 new stores. GolfGalaxy now operates 65 units in 24 states.

"We continue to execute our store expansion plan and believesignificant opportunity exists for the Golf Galaxy brand inexisting and new markets," said Randy Zanatta, president and CEO,in the announcement. "Specifically, we believe there are tremendousexpansion opportunities in the high-population, year-round golfingareas of the United States including the California, Arizona andFlorida markets."

Golf Galaxy will operate as a separate division ofPittsburgh-based Dick's Sporting Goods when the $225-million dealcloses, whihc is expected to be in February.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.