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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 | Apr 01, 2014 |
Retail News

Wegmans On Top

Consumer Reports just found Wegmans to be the number one grocery store. Democrat & Chronicle Article Wegmans Food Markets has been ranked as the No. 1 supermarket in the country by customers in the latest Consumer Reports survey. The Gates-based grocer edged out Trader Joe’s, Publix, Costco, Sprouts, Tops Markets and 49 other grocery stores. More than […]
Rob Samtmann | Mar 30, 2014 |
Retail News

Shoe Carnival Opens 2 Stores in Detroit

Business Tribune Article Family Footwear Retailer Shoe Carnival Announces 10 New Stores in 8 Cities The popular family footwear retailer is putting their best foot forward this month as they announce the grand opening of 10 new stores in 8 different cities all opening their doors this March 2014. Shoe Carnival is excited to add […]
Rob Samtmann | Mar 30, 2014 |
Retail News

Cabela's to Continue Expansion

14 new stores in 2014…with more to come. Omaha.com Article
Rob Samtmann | Nov 06, 2013 |
Retail News

Dick's Field & Stream vs. Cabela's

Dick’s is expanding its Field & Stream concept.  Should Cabela’s be concerned? Streetinsider.com Article At a analyst day yesterday, Dick’s Sporting Goods (NYSE: DKS) laid out its plans for its new Field & Stream (F&S) store concept. The company is calling for ~55 stores and ~$750 million in sales by FY17. While some views this as […]
Rob Samtmann | Nov 06, 2013 |
Retail News

Office Depot & OfficeMax Merge

The merger took place Tuesday. Palm Beach Post Article

Rob Samtmann

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

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