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Rob Samtmann | Aug 19, 2014 |
Retail News

Delhaize May Pull the Plug on Bottom Dollar

Food Trade News reported in its August issue that Bottom Dollar Food, a division of Delhaize America, “has reportedly felt enough competitive heat and is exploring the sale of its 66 stores located in Pennsylvania, Southern New Jersey and Northeast Ohio.” 46 of the 66 stores are in the Greater Philadelphia market. Reportedly several retailers […]
Rob Samtmann | Aug 12, 2014 |
Retail News

Cabela's Aiming at Smaller Stores

Cabela’s is focused on smaller stores closer to quality retail.  On the heels of a disappointing financial quarter, the CEO of outdoor retailer Cabela’s says the company plans to stick to opening smaller-format stores. Cabela’s missed the target Wall Street set for profit and revenue during the second quarter of fiscal 2015.Cabela’s reported net income […]
Rob Samtmann | Jul 31, 2014 |
Retail News

Wegmans Plans 10 More Stores

See the following article on Wegmans expansion efforts. Expansion Article Wegmans Plans 10 New Supermarkets In 5 States Wegmans Food Markets says it plans to add 10 new stores in the Northeast and Mid-Atlantic regions over the next year or two. The Rochester-based supermarket chain says it’s planning to open four stores in Virginia, two […]
Rob Samtmann | Jun 02, 2014 |
Retail News

Some New Walmart Strategy

This brief article gives the reader insight on some of Walmart’s strategy on rolling out their stores, especially new concepts.  CSPnet.com Article Walmart U.S. accelerates small store growth BENTONVILLE, Ark., Feb. 20, 2014 – Behind a real estate strategy focused on providing the broadest selection of products and convenient access through a digitally connected, multi-format portfolio, […]
Rob Samtmann | May 12, 2014 |
Retail News

Staples' Excess Space List

See the following link for space Staples has listed with Excess Space. Excess Space Dealmakers Ad Everything must go: There’s a flood of store closings Part of the problem for stores is that there is just too much retail space in many markets. There are about 46 square feet of retail space for every man, […]
Rob Samtmann | May 09, 2014 |
Retail News

The Story Continues: Target CEO Resigns

Target announced Monday that Chairman, President and CEO Gregg Steinhafel is out nearly five months after the retailer disclosed the breach, which has hurt its reputation among customers and hammered its business. Experts say his departure marks the first CEO of a major corporation to resign in the wake of a data breach and underscores […]
Rob Samtmann | May 09, 2014 |
Retail News

Office Depot Expects to Close 150 Stores This Year

Likely closing about 150 stores this year, 400 by the end of 2016.  USA Today Article
Rob Samtmann | Apr 12, 2014 |
Retail News

Family Dollar Closing 370 Stores

“Family Dollar, a juggernaut of expansion in recent years, has announced plans to close 370 of its 8,100 stores in the second half of 2014 and slow its new store growth beginning in 2015 to 350-400 new stores per year, down from 525 new stores in fiscal 2014.” ICSC.org Article
Rob Samtmann | Apr 06, 2014 |
Retail News

Lands End Separated From Sears Holdings

Sears Holdings has officially separated Lands End. Press Release Link Sears Holdings Corporation (NASDAQ: SHLD) today announced that its pro-rata spin-off of Lands’ End, Inc. (“Lands’ End”) from Sears Holdings closed on April 4, 2014. Lands’ End has now been separated from Sears Holdings and its common stock is expected to begin regular-way trading on the Nasdaq […]
Rob Samtmann | Apr 01, 2014 |
Retail News

Update: Proposed Hamilton Crossings (Allentown/Trexlertown)

See the following Morning Call article giving an update on the proposed Hamilton Crossings in the Allentown/Trexlertown area. 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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