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Golf Retailer Expands into Bay Area Via Acquisition

SAN FRANCISCO-Austin-based Golfsmith International Inc. increases its retail footprint to 35 stores nationwide with the acquisition of San Francisco-based Don Sherwood Golf and Tennis World, a Bay-Area retail chain with locations in Dublin, Fremont, Palo Alto, San Francisco, San Jose and Walnut Creek.

By Brian K. Miller | Updated on July 28, 2003

SAN FRANCISCO-Golfsmith International Inc. of Austin has made its first ever retail acquisition, acquiring San Francisco-based Don Sherwood Golf and Tennis World, a six-store Bay-Area retail chain. The acquisition boosts the number of Golfsmith’s superstores to 35 nationwide and gives the company an instant presence in a city it had not yet entered.

Golfsmith president Jim Thompson says the acquisition of the biggest golf chain in a top golf market like the Bay Area is part of the company’s ongoing strategy to establish “a formidable presence in major markets throughout the United States.”

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