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WITH ROB SAMTMANN

Rob Samtmann | Oct 19, 2023 |
Retail News

The New Wegman's Isn't Quite a Supermarket.

In a recent interesting article, Forbes discusses the newest Wegman’s, a brand-new supermarket opening in Greenwich Village this week. This event is already sending ripples through the Manhattan real estate and commercial landscape, given that a full-fledged supermarket is a rare convenience for residents of this vibrant borough. However, it would be remiss to categorize […]
Rob Samtmann | Sep 18, 2023 |
Retail News

Downtown Philly Dominates Office Construction

Philadelphia’s office construction scene is buzzing with activity, with a whopping 3.7 million square feet of office properties currently under development in the region. This significant construction surge has taken center stage in the third quarter of the year. Let’s look at the numbers: Downtown Domination: The majority of this construction boom is concentrated in […]
Rob Samtmann | Aug 31, 2023 |
Retail News

AI Will Drive $194 Billion in Holiday Sales

While global online sales are projected to grow by 4%, reaching $1.19 trillion in November and December, U.S. sales are expected to grow only by 1%, totaling $273 billion. To counter the sales slowdown, retailers are turning to AI-driven product recommendations, which are predicted to influence $194 billion in online sales during the holiday period. […]
Rob Samtmann | Jul 28, 2023 |
Retail News

9 Philly Development Projects We're Hearing About in 2023

Where construction is moving ahead (or is not) shows us how resources and interests are being distributed in both public and private arenas. It’s a glance into the future of a city. So what does the future hold for Philadelphia, a city with the development at its core? Here are some of the projects we’re […]
Rob Samtmann | Jul 10, 2023 |
Retail News

Dollar Tree Will Reshape Discount Retail

A recent Forbes article discussed Dollar Tree’s latest announcement concerning its plan to move beyond its traditional $1 pricing strategy and expand into higher price ranges, including $3, $4, and $5 products. This decision comes as Dollar Tree’s competitor, Dollar General, has already ventured into similar territory. The article argues that Dollar Tree’s move is […]
Rob Samtmann | Jun 19, 2023 |
Retail News

Meet Gen Alpha - Retail's Newest Consumers

Generation Alpha, used to having access to massive amounts of data, is the next big restaurant demographic. A recent article in QSRMagazine.com discusses the importance of the Generation Alpha cohort. Also known as the “Glass Generation” (due to their devices) or “Gen C” (for COVID), they were born between 2010 and 2025 and are already […]
Rob Samtmann | May 31, 2023 |
Philadelphia , Retail News

Philly's Retail Space at New Lows

In a recent CoStar article, Brenda Nguyen points out that despite concerns about the impact of online shopping and the pandemic, Philadelphia retailers have seen a different outcome in terms of leasing performance. The retail space available in the Philadelphia region currently stands at 18.7 million square feet, which is 20% lower than the peak […]
Rob Samtmann | May 03, 2023 |
Retail News

Irish Drones Are Heading This Way

One of the world’s most successful drone delivery companies will be expanding to mainland Europe and the United States in 2023. Manna Aero has already done over 100,000 drone deliveries in multiple locations in Ireland and is trending to hit over 1,000 deliveries per day in individual dense urban markets. But it won’t be instantly […]
Rob Samtmann | Apr 04, 2023 |
Retail News

Work-From-Home Ends for Millions of Americans

Share of businesses with workers on-site most of the time neared pre-pandemic levels in 2022, Labor Department finds. A recent Wall Street Journal article by Gwynn Guilford reported on how rare working remotely has become, only a couple of years after the COVID-19 pandemic forced millions of Americans out of their office spaces. According to […]
Rob Samtmann | Mar 21, 2023 |
Retail News

Dick's Bets on House of Sport

Dick’s Sporting Goods is trying to score with customers who want an engaging, hands-on in-store experience by pushing a big expansion of its House of Sport concept. Dick’s has been closing its remaining Field & Stream stores, with plans to convert some of them into its House of Sport concept or large-format Dick’s stores by […]

Rob Samtmann

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

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