California Centers

SEP 2017

California Centers Magazine serves retailers, developers, shopping center owners, investment sales brokers and tenant representation firms throughout the state of California.

Issue link: https://californiacenters.epubxp.com/i/875630

Contents of this Issue

Navigation

Page 14 of 56

12 California Centers Magazine | September 2017 C C ble corporate citizen. Examples of this include making in-kind donations to organizations its clientele support, including local, regional and national charitable organizations. Total Wine & More demonstrates its desire to make a difference right from the start: When opening a new store, the chain partners with one or more local non- profits that have a great service record and strong presence in the communi- ty. As part of the partnership, Total Wine & More donates 10 percent of the store's grand opening wine sales revenues to the chosen non-profit or- ganization. This results in a win-win, with the benefactor 's staff, board of directors and stakeholders having the opportunity to become familiar with their local store; and store associates simultaneously forging a connection to the larger surrounding philan- thropic community. Over the past two decades, the company has tallied up more than $50 million in in-kind and monetary contributions made to a range of no- table, worthy causes. While a number of diverse charities and non-profits have benefitted from the efforts, the focus has primarily been on organi- zations that foster the arts/culture/ humanities, health services, commu- nity improvement and education. In 2016, the company was responsible for more than $6 million of in-kind (auction items, raffle prizes and dis- counts) and monetary contributions to 9,000-plus local charities serving communities in 20 states. The gen- erosity, in turn, helped the organiza- tions independently succeed in rais- ing more than $40 million to support their programs over the longer term. Total Wine & More's saw sales growth of 16 percent in 2016, and was named a Hot 100 Retailer by the National Retail Federation's STORES magazine, a strong indicator of a businesses differentiation in the mar- ketplace, innovative approach to mer- chandising, and appropriate value proposition for the targeted custom- er base. As of May, the company had about 158 stores positioned to serve customers throughout 20 states, and aims to have more than 170 opened by the end of 2017. In California (which Total Wine entered in 2007), the chain currently has a presence in the cities of Brea, Elk Grove, Folsom, Fremont, Fresno, Huntington Beach, Laguna Hills, Long Beach, Moun- tain View (newly opened in April), Northridge, Palm Desert, Pleasant Hill, Rancho Cucamonga, Redondo Beach, Roseville, Sacramento, San Ramon, Thousand Oaks, Tustin and Woodland Hills. As America's largest independent retailer of fine wine, spirits and beer, the "certain way of doing business" that the concept has held to for over 25 years in operation says much about the operating philosophy at To- tal Wine & More: to be good stewards for the company stakeholders, while doing the same thing for its custom- ers and the local communities. Per CEO Kevin Peters, "It's a thought process that has motivated us to be a different kind of retailer. We believe that our desire to be community lead- ers in every market we enter, and trusted experts for our customers, has been one of the things that separate us from the rest." The company remains positioned for continued growth and focused on positively impacting its customers' lives. CC Real estate inquiries and site submittals can be directed to: Real Estate Development, Total Wine & More, 6600 Rockledge Drive, Bethesda, MD 20817 (855) 328-9463. W i l l i a m s R e a l E s t a t e M a n a g e m e n t , I n c . Exceptional Quality Management of Retail, Office and Industrial Properties real estate management, inc. WREM C o n t a c t A u d r e y B . W i l l i a m s , C S M , C P M ®, P r e s i d e n t Williams Real Estate Management, Inc. 3146 Red Hill Avenue, Suite 150 Costa Mesa, CA 92626 714.427.5977 - FAX 714.427.5922 - E-mail - awilliams@wrem.com Website: www.wrem.com

Articles in this issue

Links on this page

Archives of this issue

view archives of California Centers - SEP 2017