The retailer formerly known as Restoration Hardware has hired a chief real estate officer to lead the latest installment of its evolution into a "design gallery": a 70,000-square-foot store in Las Vegas.
David Stanchak will be leading the transformation of RH’s current stores into Design Galleries, with responsibility for the company's real estate and store development efforts.
TheLas Vegas Review-Journalreports that RH plans to build and open its largest Design Gallery (70,000 square feet) in the United States in the city's Tivoli Village.
According to the newspaper, "RH Gallery also has stores in Atlanta; Boston; West Hollywood, Calif.; and Greenwich, Conn. The Atlanta store is currently the biggest outpost, at 68,000 square feet. The typical Restoration Hardware store is about 10,000 square feet.The RH Gallery concept is built to look like a custom mansion, with garden terraces, wine bars and cafes."
Meanwhile, Stanchak will report to RH’s chairman and CEO Gary Friedman, and serve as a member of the company’s executive leadership team.
During his 30-year career in the real estate industry, Stanchak has worked as a senior executive, consultant, investor, real estate broker and attorney in all aspects of high-growth, retail brand development. He has had direct responsibility for opening more than 2,500 retail stores, managing real estate portfolios and deploying in excess of $2 billion for retailers including Dick’s Sporting Goods, DSW Shoe Warehouse, Blockbuster Entertainment, and others.