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Rob Samtmann | Jul 18, 2011 |
Retail News

Target Going to Work in Canada

Walmart Canada Corp. has the most to lose when Target Corp. begins opening stores in Canada, according to the latest research on consumer loyalty.   Target announced the first 105 proposed store leases that it was acquiring from Zellers.   Earlier this year it paid $1.8-billion to Zellers owner Richard Baker for up to 220 […]
Rob Samtmann | Jul 11, 2011 |
Retail News

hhgregg Creating 700 New Chicago Area Jobs

hhgregg, Inc., a specialty retailer of consumer electronics, has announced that it will fill approximately 700 positions for 14 new stores scheduled to open in the area in fall 2011 as reported on istockanalyst.com. Article Link
Rob Samtmann | Jul 09, 2011 |
Retail News

Big Lots Getting Bigger

Shopping Center Business reported that Big Lots, which offers an extensive assortment of brand-name products, including home furnishings, seasonal items, housewares, toys and gifts at closeout prices, is opening a “lot” more stores in 2011, continuing a big push in new store growth from last year. Big Lots operates more than 1,400 retail stores serving 48 […]
Rob Samtmann | Jul 09, 2011 |
Retail News

Ross Dress for Less 1,000th Store

Congratulations Ross Dress for Less! Ross Stores will celebrate on July 16 the opening of its 1,000th Dress for Less store in North Pleasant Hill, Calif.   Ross Stores’ announcement of its 1,000th Dress for Less store follows strong monthly and quarterly sales and earnings, as the company continues to thrive in the down economy. […]
Rob Samtmann | Jul 09, 2011 |
Retail News

Did You Know So Many People Like to Bargain Hunt?

Retailers like Trader Joe’s, DSW, T.J. Maxx, Costco, BJ’s, and Dollar Tree lure you in to buy one thing, but then count on the impulse buy for unexpected treasures at bargain prices.   Goodies at Trader Joe’s aren’t on most grocery lists, but they’re eye-catching enough to tempt shoppers into an impulse buy. At a […]
Rob Samtmann | Jul 09, 2011 |
Retail News

Petsmart & Petco Not Feeling the Heat from Discounters

The Wall Street Transcript, which publishes its Pets and Vets Report, recently interviewed Joan Storms, CFA.  She is a sell-side Equity Analyst with 16 years experience covering specialty hardline retail companies. She has been at Wedbush Securities since 1999.  During the interview she provided the following information. ********************************** The industry is highly fragmented. You have […]
Rob Samtmann | Jul 02, 2011 |
Retail News

BJ's Goes Private

As reported in the bostonherald.com, BJ’s Wholesale Club has agreed to be sold to Leonard Green & Partners, a Los Angeles-based private equity firm, and go private in a deal worth $2.8 billion. bostonherald.com Article Link
Rob Samtmann | Jun 30, 2011 |
Retail News

Walmart Hitting the Gas with 'Neighborhood Market'

As reported on icsc.org, Walmart announced plans to nearly double the number of its Neighborhood Market supermarkets over the next three years. At present, the company operates 185 of these stores, including 30 in Puerto Rico under the Amigo banner.   Walmart executives say, but the 42,000-square-foot Neighborhood Market stores will help revitalize same-store growth […]
Rob Samtmann | Jun 28, 2011 |
Retail News

There's a Tenant for That Space

The spaces formerly occupied by retail heavyweights including Circuit City, Linens ‘n Things and Borders are now welcoming sellers of discounted designer jeans, used video games and surplus merchandise. Many of these new stores moving in trumpet terms such as “off-price,” “discount” and “value” in their slogans. Stores including Big Lots, Ross Dress for Less, […]
Rob Samtmann | Jun 28, 2011 |
Retail News

Staples is the Next to Step Down Store Size

Staples U.S. president Demos Pareros said new stores will be about 15,500 sq. ft. to 16,000 sq. ft., down from the current prototype of 18,000 sq. ft (Source: Chain Store Age) Chain Store Age Story

Rob Samtmann

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

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