Footlocker comes to Mall at UTC
UNIVERSITY PARK -- The Mall at University Town Center is set for Sarasota-Manatee's athletic crowds to come running. Foot Locker Inc. will increase its presence at The Mall at University Town Center this fall. A Kids Foot Locker is under construction and will open in October in the south end of the mall near Dillard's.
Six:02, a Foot Locker women's fitness store, will open close to the center of the mall in the Saks Fifth Avenue wing in October as well.
Kids Foot Locker has 301 stores in the United States, Puerto Rico and the U.S. Virgin Islands. Six:02 currently operates in eight states, including Florida, with most of its locations in Texas and Florida.
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The Mall at University Town Center is open from 10 a.m. to 9 p.m. Monday through Saturday and 11 a.m. to 6 p.m. Sunday. For more information, call the mall at 941-552-7000 or visit mallatutc.com.
It's tee time at Ellenton Premium Outlets
ELLENTON -- A TaylorMade Factory Store moved into Ellenton Premium Outlets, 5137 Factory Shops Blvd., this week.
The store will sell previous season's products from TaylorMade Golf Co. brands, including TaylorMade, Adams Golf, adidas Golf and Ashworth, according to a release from the company. Nike, Adidas and Reebok outlets in the Ellenton mall provide golf apparel, but TaylorMade will sell golf equipment and accessories, such as golf clubs, golf balls, tees and more.
The Ellenton location marks the sixth store opened by TaylorMade Golf Co., this year. The company, founded in 1979, plans to open a total of nine new stores by the end of 2015.
The mall is open from 10 a.m. to 9 p.m. Monday through Saturday, and from 10 a.m. to 7 p.m. Sunday. For more information, call 941-729-8615 or visit www.premiumoutlets.com/ellenton.
Oil market is much better than it looks
LONDON -- The global oil market is healthier than it looks, signaling that crude's plunge to six-year lows has probably gone too far.
While futures tumbled below $45 a barrel in London for the first time since 2009, Morgan Stanley and Standard Chartered say other measures suggest physical markets for crude have stabilized or even strengthened in recent weeks. China, the world's second-biggest oil consumer, will keep buying extra barrels to fill its strategic reserve this year, according to Goldman Sachs.
A measure of returns from commodities sank to its lowest since 1999 Monday on concern that a slowing economy in China, the world's largest consumer of energy and raw materials, will exacerbate supply gluts. Brent crude, the international benchmark, has dropped more than 30 percent since May on the ICE Futures Europe exchange in London. Prices rebounded 3.4 percent to $44.14 a barrel.
Herald staff and wire reports