ANYTHING RETAIL

WITH ROB SAMTMANN

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 | Oct 24, 2015 |
Retail News

Beneficial Bank to Acquire Conestoga Bancorp

Beneficial has 56 branches.  Conestoga has 14.  Nine months after raising nearly $500 million in a second-step conversion, Beneficial Bancorp said Thursday that it will buy Chester Springs-based Conestoga Bancorp for $105 million in cash. Conestoga has $712 million in assets, $506 million in loans and $530 million in deposits and 14 branches in Philadelphia, […]
Rob Samtmann | Oct 01, 2015 |
Retail News

Ross Is Opening Stores

See the following Retail Dive article for the most recent Ross openings: Retail Dive Link Ross Stores to expand as off-price segment heats up Ross Stores Inc. will open four new Ross Dress stores in October, two in the Chicago area, one in Elkhart, IN, and one in East Largo, FL.The company is also opening four […]
Rob Samtmann | Sep 25, 2015 |
Retail News

DSW to Open 22 Stores This Fall

zacks.com Article
Rob Samtmann | Aug 22, 2015 |
Retail News

Sears Posts Quarterly Profit

This article provides a good snap shot of the company’s current state of affairs.  GlobeSt.com Article Sears posts first quarterly profit since 2012 on property sale Sears reported its first quarterly profit in more than three years thanks to a one-off gain from the sale of stores, but the struggling retailer’s sales continued to decline. […]
Rob Samtmann | Aug 22, 2015 |
Retail News

Popeye's Expanding

MarketWatch Article Popeyes Louisiana Kitchen Inc., the franchiser and operator of Popeyes US:PLKI  fast-food chicken restaurants, has some ambitious growth plans. “For the last eight years we put this brand on a trajectory to double in size in the U.S. and more than double in size internationally,” Chief Executive Cheryl Bachelder told MarketWatch. Popeyes, which has a […]
Rob Samtmann | Aug 21, 2015 |
Retail News

Target Opening Another Store in Center City Philly

Philly.com Article

Rob Samtmann

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

Call Rob

1.484.417.2208

Envelope Linkedin-in Instagram