JAB Buying Panera Bread
JAB has a controlling interest in Krispy Kreme and ownership interest in Keurig Green Mountain, Peet’s Coffee & Tea, Caribou Coffee, and Einstein Bagels. Forbes.com Article USA Today Article Panera Bread being sold to Krispy Kreme owner The owner of a chain known for making a guilty pleasure, sugary Krispy Kreme doughnuts, is buying another […]
Internet Immune….or “Less Immune” Retail
Creating this list was an exercise I thought worth the time and effort. I wondered what a comprehensive list of Internet immune, or should I say “less immune”, retail looked like in today’s world. For this effort, I did not include restaurants. We all need to be cognizant of who we represent, the tenants we call […]
Kohl’s Opening Stores
Kohl’s opening stores. Old stores about 100k SF. New stores about 70k SF. Online sales flat where Kohl’s stores closed. Kohl’s online sales increased 12% last year. PYMNTS.com: Kohl’s Bucks The Trend; Gears Up To Open More Stores
American Retail at a Historic Tipping Point
New York Times: Is American Retail at a Historic Tipping Point? I enjoyed this article as it helps tell today’s retail story better than many of the articles I have read. American retail is changing and evolving. To many people, in the segments most affected, it may seem like the sky is falling. However, […]
Samtmann & ICSC
Rob Samtmann, Principal at Equity Retail Brokers, was requested to teach a Best Practices course during ICSC’s March 2017 University on the campus of The Wharton School, University of Pennsylvania. Retail Brokerage Best Practices topics covered included the following: The job and enjoying your profession Entrepreneurial approach to working every day Playing at […]
hhgregg Closure List
Fortune.com Article Retailer Hhgregg Is Closing a Lot of Stores and Cutting a Lot of Jobs As brick-and-mortar retailers struggle with online competitors, home appliances seller hhgregg is shrinking fast in a bid to turn around. The company announced Thursday it would close 40% of its stores and three distribution centers by mid-April. About 1,500 jobs are expected to […]
Philadelphia Region Overview
We have had the pleasure of introducing many national retailers and restaurants to eastern Pennsylvania, southern New Jersey, and Delaware. Many of those clients are from other parts of the country and we needed to provide an overview of the market in order to give them a flavor of the […]
Warm Dark Shell
The Challenge One of my tenants wanted to lease the end cap of a proposed pad building with a drive-thru. The space was available. The tenant and landlord were both interested. The tenant’s workletter was rather involved. The Landlord’s construction estimates were taking a notable amount of time and LOI negotiations had stalled. Early indications […]
An Accounting of Where Sears is Today
National Real Estate Investor Article
Wendy’s Wants to Add 1000 Units by 2020
Nation’s Restaurant News Article To get bigger, The Wendy’s Co. is getting smaller. The Dublin, Ohio-based burger chain wants to add another 1,000 locations by 2020, executives told investors on Thursday. One strategy the company plans to use to encourage that growth is a new, more flexible design that will enable Wendy’s to go into […]