Monitoring the economic pulse of the Triad
Business owner drawn from Winston-Salem to Greensboro by soccer mania
David M. Sanchez closed his soccer athletic supply store in Winston-Salem in late February and reopened as Mundo Soccer Sports in the DP Business Center on High Point Road in Greensboro. Sanchez is heavily involved in Greensboro soccer as head of the Liga de Futbol HAGA, whose acronym translates as Hispanic Association of Greensboro Amateurs. The league is about nine years old and typically includes anywhere from 20 to 25 teams, Sanchez said.
Parents of players in Greensboro were traveling to Winston-Salem to buy uniforms and Sanchez decided he could meet their needs better by moving his store closer to them.
The name says a lot about the clientele. “I opened the store because there are so many people all over the world here,” Sanchez said through a translator. “There are many people from Central America, the Caribbean and Mexico. There are many Guatemalans, Salvadorans, Hondurans, Colombians, Chileans.”
Located on Greensboro’s most multicultural thoroughfare, Mundo Soccer Sports that shares real estate with stores that are almost evenly split between Latino and Vietnamese clientele, including Zapateria el Potro, Connexion Hispana, Nhu’ Y Vietnamese Restaurant and Viet Video.
Sanchez’s store sells soccer balls, laminated posters of Latin American soccer stars, instructional videos and uniforms, of course.
“If they’re looking for a uniform, they can come and get everything here,” Sanchez said. “Other stores may sell them the shirt, but I’ll sell them the shirt and the socks, and give them the number and the name.”
Local bottled water company puts stock on market
Primo Water Corp., a company owned by Winston-Salem businessman Billy Prim, has made an initial public offering of stock valued at $60 million, according to documents on file with the Securities and Exchange Commission. The company currently employs 75 people and supplies three- and five-gallon purified bottled water and water dispensers in retail locations such as Wal- Mart, Lowe’s Home Improvement and Costco. Prim is the owner of the minor-league Winston- Salem Dash, and is developing properties in the Brookstown area near the stadium.
Museum gift shop reopens
The Greensboro Historical Museum Shop reopens on Saturday. Smith Pottery of Robbins is among the North Carolina businesses with wares on offer. Other products include jewelry inspired by First Lady Dolley Madison, a former Guilford County resident, and garden supplies.