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Rob Samtmann | Jan 26, 2016 |
Retail News

Walmart Closing 269 Stores

The closings include… 102 company small format stores 23 Neighborhood Markets 12 Supercenters 7 stores in Puerto Rico 6 discount centers 4 Sam’s Clubs Shopping Center Business Article Bentonville-based Wal-mart Stores Inc. is set to close 269 stores in the U.S. and globally. In October 2015, the company said an active review of the portfolio […]
Rob Samtmann | Jan 11, 2016 |
Retail News

Mall Anchors are Fading

The following article is a good accounting of the current state of affairs for mall anchors.  There is some information specific to the Philadelphia market, but there is enough national information to make it a worthwhile article. Traditional mall anchors are fading away The American middle class is disappearing, and with it, the mall anchor store. […]
Rob Samtmann | Jan 11, 2016 |
Retail News

Target Announces New Stores

Target announced its new stores in 2016 and 2017.  Most will be urban stores in New York City, Boston, Philadelphia, and Chicago ranging from 19,000 SF to 45,000 SF. The only full-size store will be opened in Allentown, Pennsylvania. Argus Leader Link
Rob Samtmann | Dec 18, 2015 |
Retail News

Bridgestone Matching Icahn Offer for Pep Boys

Bridgestone Corp. increased its offer for auto parts retailer Pep Boys, the companies announced late Friday afternoon, matching the price offered by activist investor Carl Icahn.
Rob Samtmann | Dec 03, 2015 |
Retail News

Cheltenham Mall Gets a New Life

‘Warmer’ look, new name for Cheltenham Mall Developers presented a more refined plan for remaking the Cheltenham Mall on Monday, an open-air mix of stores and restaurants with glass facades, some brick and metal trim. “We’re trying to work with a combination of materials to give it a warmer look,” architect Jerry K. Roller told […]
Rob Samtmann | Dec 03, 2015 |
Retail News

Bass Pro Enters Connecticut

Bass Pro Enters Connecticut – Chain Store Age Article
Rob Samtmann | Nov 22, 2015 |
Retail News

Home Depot & Lowes: Strong Performance

Forbes Article A housing recovery may be keeping home improvement retailers like The Home Depot insulated from the problems plaguing other retail stocks. The Home Depot reported third quarter net income as $1.7 billion, or $1.35 per share, up a whopping 17.4 percent, from a year ago. Total sales were up 6.4% to $21.8 billion year-over-year. These earnings were in line with […]
Rob Samtmann | Nov 22, 2015 |
Retail News

REI Closed on Black Friday

Forbes Article Black Friday Disrupter: REI Goes Retail Rogue Black Friday has become a tradition to kick off the holiday shopping season. And, it’s all about the money. It’s about customers saving money and retail stores offering great deals to increase their sales. It’s a tradition to kick off the holiday shopping season. With so […]
Rob Samtmann | Nov 21, 2015 |
Retail News

BJs Wholesale Coming to Summerville, South Carolina

GBT Realty Corp. will develop a new BJs Wholesale Club in Summerville, S.C. The $12 million development is situated on a 10.5-acre site at the southeastern corner of Interstate 26 and North Main Street. The 87,800-square-foot membership warehouse club will feature a BJ’s gas station and is expected to open in late 2016. Construction is […]
Rob Samtmann | Nov 10, 2015 |
Retail News

York Capital Acquiring Houlihan's

Restaurant News Aritcle York Capital Management has signed a definitive agreement to buy the parent company of Houlihan’s, the Leawood, Kan.-based restaurant operator said Monday. York is buying Houlihan’s Restaurants Inc. from a subsidiary of Goldner Hawn Johnson & Morrison. Terms were not disclosed, but HRI said the transaction was expected to close in December. Restaurant veteran […]

Rob Samtmann

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

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