Anschutz Entertainment Group Inc. agreed this month to a deal that makes Rank + Rally, a subsidiary of the Chicago-based hospitality group Levy Restaurants, the exclusive retail operator at AEG-owned facilities, including the Staples Center and StubHub Center in Los Angeles and the Target Center in Minneapolis.
Rank + Rally also will handle online retail operations and manage e-commerce for the facilities and their respective home teams.
The in-venue stores at both the Staples Center and StubHub Center will be operated by Rank + Rally under their current Team LA Brand and Galaxy Team Store brand respectively.
“By 2026, licensed sports merchandising is expected to grow to $46.8 billion, and consumer’s shopping preferences are continuing to shift to e-commerce platforms,” Todd Goldstein, chief revenue officer for AEG, said in a statement. “This new partnership with Rank + Rally will allow us to better serve our customer’s both in-store and online.”
Levy Restaurants has worked with AEG since 2004 , handling hospitality and food duties at all of the downtown-based company’s sports and entertainment properties throughout the world.
The experience on hospitality and food cleared the way for AEG to hand retail and e-commerce duties to Rank + Rally, with launched in March of 2017 under the Levy umbrella.
Rank + Rally’s services also include product design and development, pricing and promotion planning and store operations. The company counts various other venues and teams as clients, including the Chicago Cubs, Golden State Warriors, Las Vegas Golden Knights and T-Mobile Arena, which counts AEG as a co-owner, among others.
Clippers Deal with Vivid Seats
Los Angeles Clippers’ season ticket holders have a new avenue to sell extra tickets.
The Clippers agreed this month to terms with Vivid Seats for the upcoming 2018-2019 season, making Vivid Seats another official ticket marketplace for the team. This deal marks the Chicago-based ticket enterprise’s first official relationship with a National Basketball Association club.
The multi-year agreement calls for Vivid Seats’ service to be integrated with AXS, a unit of AEG that currently serves as the Clippers’ official ticket provider. Vivid Seats will act as another venue for Clippers ticket-holders who want to sell their tickets on the secondary market.
“By partnering with Vivid Seats, a company that like the Clippers is founded in innovation, we’re excited to provide our fans a more frictionless ticketing process,” Gillian Zucker, president of business operations for the Los Angeles Clippers, said in a statement. “Our goal is that every single touchpoint our fans have with the Clippers is an exceptional experience, and Vivid Seats not only understands that fully, but is able to help us achieve that outcome.”
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