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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 | Oct 26, 2015 |
Retail News

Bridgestone to Buy Pep Boys

Iconic auto repair chain Pep Boys – Manny, Moe & Jack agreed to be bought by tire giant Bridgestone Americas Inc. for $835 million, or $15 a share cash. The all-cash deal, which represents a premium of 23% over the stock’s closing price Friday, will be structured as a tender offer to close as soon as next year. At least a […]
Rob Samtmann | Oct 25, 2015 |
Retail News

Costco to Build 32 New Stores In the U.S. and Abroad

Costco Wholesale Corp. is feeling the pain of lower fuel prices and the stronger dollar, but the warehouse retailer is pushing ahead with plans to open more stores in the U.S. and abroad as it attracts new customers. Chief Financial Officer Richard Galanti said the retailer continues to see growth opportunities in the U.S., Canada […]
Rob Samtmann | Oct 25, 2015 |
Retail News

Live! Hotel & Casino Receives Planning Commission Approval

Rezoning and gaming approvals are next. Commercial Property Executive Article
Rob Samtmann | Oct 24, 2015 |
Retail News

Movie Tavern Proposed in Trexlertown

Movie Tavern looks like it might be coming to Trexlertown, Pennsylvania.  Congratulations to Dave Goodman of Equity Retail Brokers who represented Movie Tavern in the transaction.  Morning Call Article

Rob Samtmann

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

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