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Rob Samtmann | Feb 03, 2012 |
Retail News

Costco Looking Strong

I liked this article from Zacks Investment Research on Costco and their performance in 2011. Costco Wholesale Corporation ( COST ) has battled through a tough economy and exited 2011 boldly. The U.S. economy has been reeling under the ongoing financial crisis, whose rippling effects gradually engulfed the global market. Amid this turbulent environment, Costco has almost been able […]
Rob Samtmann | Feb 03, 2012 |
Retail News

New Store Announcements (December & January)

December & January New Store Announcements: Books A Million – Mays Landing , NJ Buybuy Baby – Jacksonville, FL – 25,000 SF Cabela’s – Snohomish County, WA Costco – Augusta, GA Costco – Sarasota, FL Dick’s Sporting Goods – Bluffton, SC – 30,000 SF Dick’s Sporting Goods – Portage MI HHGregg – Greenfield, WI Hobby […]
Rob Samtmann | Jan 09, 2012 |
Retail News

Macy's 'Trading Cards'

A friend of mine in the business once referred to a retailer’s opening and closing of stores as ‘trading cards’.  In order to survive in any climate, retailers seem to always be ‘trading cards’ in an ongoing attempt to achieve that perfect combination of stores.  It’s when retailers stop trading cards that we should be […]
Rob Samtmann | Dec 30, 2011 |
Retail News

Sears Holdings Store Closings

Here is the link for the Sears Holdings list of store closings…..   Closings Stores   To date, Sears has only provided 79 of the 100-120 closing stores. Sears releases partial list of store closings Sears Holdings has released a partial list of the Sears and Kmart stores set to close as a result of […]
Rob Samtmann | Dec 28, 2011 |
Retail News

Sears Holdings Closing 100-120 Stores

It appears to be finally happening.  After poor holiday sales Sears Holdings will close 100-120 stores. The list of stores has not yet been released.    MSNBC Article Sears Holdings Press Release  Sears, Kmart to shut 100-120 stores Sears Holdings on Tuesday reported a sharp drop in holiday sales compared to a year ago, and […]
Rob Samtmann | Dec 19, 2011 |
Retail News

Would You Bet on These 6 Department Stores?

In this article, this author is positive when it comes to Dillards, J.C. Penney, Kohl’s, Macy’s, Sears Holdings Corporation, and TJX Companies.  In my experience and research, TJX has consistently performed well.  Kohl’s has been strong, but shown some recent sales concerns.  J.C. Penney looks like it will do three or four new locations next […]
Rob Samtmann | Dec 19, 2011 |
Retail News

New Store Announcements; November 16-30

I am catching up on my blog posts.  With the New York Shopping Center Convention and back to back tenant tours, time has been tight.  Enjoy the holidays. The following are new stores announced in periodicals and on various web sites.   Books A Million – Ames, IA Books A Million – Edwardsville, IL Books […]
Rob Samtmann | Nov 28, 2011 |
Retail News

Bally's Sells 171 to LA Fitness

Bally’s has sold 171 of its existing locations to LA Fitness for about $153 million . Bally’s will retain approximately 100 of its locations in key markets.   Chicago Tribune Article
Rob Samtmann | Nov 28, 2011 |
Retail News

Sears: Smaller Formats, Web Sales, & Their Brands

Chairman Eddie Lampert is now trying to turn around Sears with smaller format stores, online sales, and relying on their well known brands (Craftsman, DieHard, Kenmore).  Keep in mind, since Lampert took over, he has seen 18 consecutive quarters of declining sales.  Interestingly, Sears has reached agreements with Costco and and Ace Hardware to sell tools […]
Rob Samtmann | Nov 18, 2011 |
Retail News

Wegmans Coming to Montgomeryville, PA

As reported in the Philadelphia Inquirer, it appears Wegmans will indeed be coming to Montgomeryville, Pennsylvania.  The Wegmans will be built on the site of the former Boscov’s department store.   Montgomeryville is one of the top retail markets in southeastern and southern New Jersey.  Given the density of the market, land to construct such […]

Rob Samtmann

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

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