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WITH ROB SAMTMANN

Rob Samtmann | Apr 03, 2015 |
Retail News

Sears, a REIT, and General Growth

ICSC.org Article Sears setting up REIT to raise $2.5 billion from shareholders Sears Holdings Corp. plans to raise more than $2.5 billion from shareholders by offering rights to buy shares in a real-estate investment trust that will hold some of its stores. The REIT is the latest in a series of steps Chief Executive Eddie […]
Rob Samtmann | Mar 16, 2015 |
Retail News

Buyout Closes for PetSmart

PetSmart officially changed hands today and acquired new leadership. A consortium led by BC Partners completed the acquisition of the pet supplies and services company this morning. The deal, announced in December, had been approved by shareholders Friday. Michael J. Massey was named president and chief executive officer. He replaces David Lenhardt, who joined the […]
Rob Samtmann | Feb 02, 2015 |
Retail News

Primark's First U.S. Stores

Five of the first seven stores are revealed in this article.  CoStar Article Primark: The retail sensation that’s cheaper than H&M “We want to be known first and foremost for amazing prices,” says John Bason, finance director of Primark’s parent company Associated British Foods (ASBFY). Prices in Primark stores may be similar to what you find in Walmart (WMT). […]
Rob Samtmann | Jan 17, 2015 |
Retail News

Target Done in Canada

Good article on Target’s experience in Canada. NY Times Article From stores to mannequins: Target’s post-Canada wish list It’s going to cost a big chunk of change, but less than two years after opening its first store in Canada, Target has decided to close the profit-sucking operation there. While the news will initially be a blow to the big-box […]
Rob Samtmann | Jan 10, 2015 |
Retail News

Supermarket Industry Mergers & Acquisitions

This article gives some insight into a few important mergers and acquisitions in the grocery industry.  National Real Estate Investor Article
Rob Samtmann | Nov 12, 2014 |
Retail News

Costco to Build a New Store in Lawrence, NJ

Say hello to a new Costco in Lawrence, NJ.  Construction could start in the Spring.  From Brendan McGrath of the Times of Trenton: Costco has closed a $9.4 million deal to purchase 17 acres in Lawrence for a new store near Quaker Bridge Mall, the seller of the property said Thursday. The site plan for […]
Rob Samtmann | Oct 14, 2014 |
Retail News

ERB Represents Wakefern in Leasing at Oxford Oaks Shopping Center

Rob Samtmann represented Wakefern Food Corporation in Leasing the former Super Fresh at the Oxford Oaks Shopping Center in Yardley, PA. Equity Retail Press Release
Rob Samtmann | Aug 19, 2014 |
Retail News

Delhaize May Pull the Plug on Bottom Dollar

Food Trade News reported in its August issue that Bottom Dollar Food, a division of Delhaize America, “has reportedly felt enough competitive heat and is exploring the sale of its 66 stores located in Pennsylvania, Southern New Jersey and Northeast Ohio.” 46 of the 66 stores are in the Greater Philadelphia market. Reportedly several retailers […]
Rob Samtmann | Aug 12, 2014 |
Retail News

Cabela's Aiming at Smaller Stores

Cabela’s is focused on smaller stores closer to quality retail.  On the heels of a disappointing financial quarter, the CEO of outdoor retailer Cabela’s says the company plans to stick to opening smaller-format stores. Cabela’s missed the target Wall Street set for profit and revenue during the second quarter of fiscal 2015.Cabela’s reported net income […]
Rob Samtmann | Jul 31, 2014 |
Retail News

Wegmans Plans 10 More Stores

See the following article on Wegmans expansion efforts. Expansion Article Wegmans Plans 10 New Supermarkets In 5 States Wegmans Food Markets says it plans to add 10 new stores in the Northeast and Mid-Atlantic regions over the next year or two. The Rochester-based supermarket chain says it’s planning to open four stores in Virginia, two […]

Rob Samtmann

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

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