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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 | Aug 12, 2015 |
Retail News

Lowe's is Trying Some Smaller Format Stores

Lowe’s Cos. Inc. is beginning an experiment in going miniature soon when it opens the first of two stores in Manhattan. The first store, which opens Aug. 17, is on the Upper West Side at 2008 Broadway at West 68th Street. A second will open in September Chelsea at 635 Sixth Ave. at West 19th […]
Rob Samtmann | Aug 05, 2015 |
Retail News

Ross Opening 27 Stores

Chain Store Age Article Ross Stores has some big plans when it comes to opening new stores. Ross is opening 19 Ross Dress for Less and eight dd’s Discounts stores across 15 different states in July. These new locations are part of the off-price retailer’s 2015 expansion plans to add a total of approximately 90 […]
Rob Samtmann | Jul 27, 2015 |
Retail News

Amazon Opening a Drive-Up Grocery Store?

Yes, you read correctly.  Amazon could be rolling out its drive-up grocery concept in Sunnyvale, California.  Silicon Valley Business Journal: Amazon planning drive-up grocery stores with the first likely coming to Sunnyvale
Rob Samtmann | Jul 21, 2015 |
Retail News

Dick's Opening Women's Apparel Chain

ICSC Article http://icsc.org/sct/newswire/dicks-sporting-good-launches-womens-specialty-chain Dick’s Sporting Goods Targets Women With New Store Concept Dick’s Sporting Goods announced this Monday that it’s launching a specialty women’s fitness and lifestyle boutique. The omnichannel sporting goods retailer is naming the stores Chelsea Collective after the diverse and eclectic Chelsea neighborhood in New York City. The first two Chelsea Collective stores […]
Rob Samtmann | Jun 21, 2015 |
Retail News

Gap Closing 175 North American Stores

Philly.com Article Gap to close 175 North American stores Gap (GPS) said Monday it will also close a “limited number” of Gap stores in Europe over the next few years. Store closures will only affect Gap stores, and not its other brands — Banana Republic, Old Navy, Intermix and Athleta — or its outlet and factory stores, […]
Rob Samtmann | Jun 21, 2015 |
Retail News

Target Express Proposed for 19th & Walnut in Philadelphia

Target Corp. will open in miniature at the Boyd Theater development site, tapping Center City’s growing base of workers and residents amid the retailer’s nationwide introduction of smaller shops tailored to urban storefronts. Philly.com Article
Rob Samtmann | Jun 16, 2015 |
Retail News

Shoe Carnival Has New Small-Market Store Format

The store would be about 5,000 SF. Courier & Press Article

Rob Samtmann

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

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