Five new Palm stores in California
Palm - About Palm, Inc. - Investor Relations - Press Release
SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 7, 2005--Palm, Inc. (Nasdaq:PALM) today announced the opening of five Palm Retail Stores in California. The new stores include the following:
-- The Palm Retail Store at Valley Fair Westfield Shopping Town
(San Jose), a new inline store that opens today, replacing the
original kiosk location;
-- The Palm Retail Store at San Francisco International Airport,
Terminal 1, which opened Oct. 24;
-- The Palm Retail Store at San Francisco International Airport,
Terminal 3, which opened Nov. 5;
-- The Palm Retail Store at Palm's company headquarters in
Sunnyvale, which opened Nov. 2; and
-- The Palm Retail Store at the Grove Shopping Center (Los
Angeles), an entertainment and shopping destination, which
opens on Nov. 14.
These stores represent close to 30 percent growth in Palm Retail Store locations, strengthening the Palm brand and reflecting the success of the retail-store strategy that Palm selectively began rolling out with the original kiosk location at Valley Fair three years ago.
"Our retail stores offer a casual shopping environment where Palm solutions experts put the Palm experience directly into the hands of new and upgrading customers, which benefits current and future sales across all our retail and carrier partners," said John Hartnett, senior vice president of Palm's worldwide sales and customer service. "Early surveys have shown that more than 31 percent of shoppers who stop at the Palm Retail Stores purchase from other retail partners, giving us confidence that the stores are a strategic as well as commercial success."
