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Rob Samtmann | Sep 08, 2011 |
Retail News

Costco's CEO to Retire

Costco’s co-founder, Jim Sinegal, who is known for his colorful personality and love for the $1.50 hot dog and soda, is retiring at the age of 76.  He is revered for not making decisions to appease Wall Street at the expense of his customers and employees.  This philosophy is an example of his well known […]
Rob Samtmann | Aug 29, 2011 |
Retail News

New Store Announcements - Week of 8/22/11

Week of 8/22/11 Burlington Coat – Philadelphia, PA Burlington Coat – Royal Palm Beach, FL, 70,000 SF buybuy Baby – Inland, CA Christmas Tree Shops – Wallkill, NY Costco – Warminster, PA Giant Foods – Philadelphia, PA hhgregg (14 stores) – Chicago Region, IL Hobby Lobby – Salisbury, MD, 56,800 SF Home Goods – Tinley […]
Rob Samtmann | Aug 26, 2011 |
Retail News

Books-A-Million Buys 14 Borders Leases

Borders buys 14 Borders leases for $934,209.  Some of the locations include, ME, OH, NH, and NJ. Bloomberg Article Books-A-Million has agreed to acquire 14 Borders leases for a total of $934,259, provided that a deal can be concluded by August 30. In a motion filed with the bankruptcy court, BAM said that “time is […]
Rob Samtmann | Aug 26, 2011 |
Retail News

Target Takes Aim at Walmart, With Some Success (NPR)

This brief NPR article is an interesting account of how Target is seemingly gaining over Walmart.  Adding groceries seems to be paying off for Target while Walmart is showing signs of being very susceptible to the ‘paycheck cycle’.  Target has also lowered prices and successfully instituted a customer loyalty credit/debit card. NPR Article
Rob Samtmann | Aug 25, 2011 |
Retail News

21 Stores for Toys R Us in 2011

Toys R Us is scheduled to open 21 new stores this year and remodel 23. L.A. Times Article Crainsnewyork.com reported that The Wayne, N.J.-based company will have 43 superstores nationwide by the end of 2011. Crain’s Article
Rob Samtmann | Aug 22, 2011 |
Retail News

New Stores During the Week of 8/15/11

Week of 8/15/11 The following is an unscientific list of new stores that I noticed while researching for the blog.  Congrats Burlington Coat! Babies R Us/Toys R Us – Indio, CA, Relocation (25 jobs) Burlington Coat Factory – Columbus, GA, 70,000 SF Burlington Coat Factory – Benton Township, MI, 60,000 SF Burlington Coat Factory – Pearland, […]
Rob Samtmann | Aug 22, 2011 |
Retail News

Double Decker Walmart-Sam's Club

Walmart is trying something new in Dallas….Walmart on the top floor, Sam’s Club underneath, and a three level parking garage.  Less land, more synergy, one stop shopping.  KDAF-TV Article
Rob Samtmann | Aug 22, 2011 |
Retail News

Shop Kick Helping the Boxes

In the never ending fight to get customers in the store, retailers are using a relatively new iPhone and Android app called Shop Kick to generate customer trips. Shop Kick users get rewards when they walk into partner stores.  Check out this article and you may end up downloading the app.  However, some may end […]
Rob Samtmann | Aug 15, 2011 |
Retail News

New Store Announcements - Week of 8/8/11

The following were a list of stores that were mentioned in articles throughout the week.  Last week TJX Companies (TJ Maxx, Marshalls, HomeGoods) had the most stores announced.  This week Kohl’s is the winner.  Week of 8/8/11 Cabela’s – Wichita, KS, 80,000 SF Hobby Lobby – Wallkill, NY (30-50 jobs) Kohl’s – Williamsport, PA (130 […]
Rob Samtmann | Aug 13, 2011 |
Retail News

Walmart: Trying to Generate More Sales

Three new moves Walmart is implementing to generate more sales… 1, Walmart Express – 15,000 SF 2. Remodel all stores by 2012 3. Walmart To Go – Online grocery delivery service with minimum $49 order ($5 fee) Forbes Article In the past few quarters, Wal-Mart has struggled to lift its same-store sales despite new initiatives like Project Impact in […]

Rob Samtmann

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

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