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Rob Samtmann | Mar 31, 2016 |
Retail News

Stein Mart Expanding

Jacksonville Business Journal Article Stein Mart’s big expansion, several new stores coming Jacksonville-based Stein Mart Inc. (NASDAQ: SMRT) will open five new stores this spring with plans to open a dozen by the end of 2016. The five stores that will open this spring will be in Denver Colo.,Philadelphia Pa., Madison Wis., Naples Fla. and […]
Rob Samtmann | Mar 21, 2016 |
Retail News

The Fresh Market Bought Out by Apollo Global Management

Specialty grocer The Fresh Market, which operates 186 stores in 27 states, says it has entered into a definitive agreement to be acquired by an affiliate of Apollo Global Management for approximately $1.36 billion. The announcement dismisses rumors that circulated earlier this year that the Greensboro, North Carolina-based company likely would be purchased by The Kroger Co. It also will […]
Rob Samtmann | Mar 12, 2016 |
Retail News

Dick's Aiming for 36 New Stores in 2016

Design Retail Link Forbes Article What Sports Authority And Dick’s Sporting Goods Indicate About The State Of The Retail Industry A week after Sports Authority filed for bankruptcy, Dick’s Sporting Goods  announced plans to open 36 new stores. The two starkly contrasting news items send a message about the state of the retail industry today […]
Rob Samtmann | Mar 12, 2016 |
Retail News

Hancock Fabrics Bankruptcy Sale of Leases

The List of Stores Auction today for remaining Hancock Fabrics stores The future of Hancock Fabrics could be decided this morning in U.S. Bankruptcy Court in Delaware, where an auction will be held for its remaining 190 stores. The Baldwyn-based fabrics and craft retailer filed for Chapter 11 restructuring in early February, and said it […]
Rob Samtmann | Mar 12, 2016 |
Retail News

Men's Wearhouse Closing Closing 80-90 Jos A Bank Stores

Also closing all outlet stores.  ICSC.org Article
Rob Samtmann | Mar 06, 2016 |
Retail News

Sports Authority Closure List

USA Today Article Sports Authority plans to begin liquidation sales as soon as Friday at about 140 stores that are set to close as part of its Chapter 11 bankruptcy. The Englewood, Colo.-based chain — owned by Los Angeles-based private equity firm Leonard Green & Partners — filed for bankruptcy Wednesday, citing $1.1 billion in debt and saying that its sales had […]
Rob Samtmann | Feb 26, 2016 |
Retail News

Chick-fil-A's Great New Strategy

This one is for millennial Moms…. Chick-fil-A, in its quest to steal a bit of business away from McDonald’s, has launched a new service to make their offerings more attractive for moms, particularly Millennial moms between the ages of 18 and 35. David Farmer, Chick-fil-A’s vice president of menu strategy and development, told Business Insider that the […]
Rob Samtmann | Feb 26, 2016 |
Retail News

McCaffrey's Opening Two New Stores

Doylestown – 13,000 SF Blue Bell – 50,000 SF Supermarket News Article McCaffrey’s Food Markets said it would open two new stores in Pennsylvania including a 13,000-square-foot store in Doylestown the company described as a “best of McCaffrey’s” offering. Both stores are expected to open in late spring. The Doylestown store, identified as Simply Fresh […]
Rob Samtmann | Feb 15, 2016 |
Retail News

Burlington Mall Renovation Delayed

A $230 million plan to renovate Burlington County Mall has been delayed until fall of this year. The renovation plans for Burlington County Mall, renamed the ‘Marketplace at Burlington,’ have been delayed due to ‘complicated lease agreements’. The $230 million renovation was supposed to be a turnaround for the mall. According to Philly.com, the location of the […]
Rob Samtmann | Feb 15, 2016 |
Retail News

Three Brixmor Execs Resign

Reuters Article Brixmor’s top executives exit after accounting review, shares plunge Shopping center owner and operator Brixmor Property Group Inc said its CEO and two other top officers resigned after an internal review found that its financial statements were tampered with, sending its shares down as much as 25 percent. The company said on Monday […]

Rob Samtmann

Rob is Managing Principal of Equity Retail Brokers and he specializes in tenant representation and leasing.

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