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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 | Feb 15, 2016 |
Retail News

Lowe's making a Big Splash in Canada

Lowe’s is buying a market leader in Canada.  icsc.org Article LOWE’S TO ACQUIRE RONA, CREATING CANADA’S LEADING HOME IMPROVEMENT RETAILER – Transaction unanimously approved by both companies’ Boards of Directors – Agreement is based on compelling strategic rationale for both companies – Lowe’s pledges important commitments to RONA’s key Canadian stakeholders – Lowe’s to locate its Canadian head office in Boucherville, Quebec; Canadian […]
Rob Samtmann | Feb 13, 2016 |
Retail News

Retailers Shaving Some Stores & Preparing for Future

This article provides a good understanding of the 2015 holiday shopping season and retail today. http://nreionline.com/retail/retailers-pare-store-counts-landlords-brace-bumpy-transition?NL=NREI-21&Issue=NREI-21_20160204_NREI-21_208&sfvc4enews=42&cl=article_1&utm_rid=CPG09000005856700&utm_campaign=4960&utm_medium=email&elq2=25d99cbe34244807b808126b03

Rob Samtmann

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

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