ANYTHING RETAIL

WITH ROB SAMTMANN

Rob Samtmann | Jun 19, 2023 |

Meet Gen Alpha - Retail's Newest Consumers

Generation Alpha, used to having access to massive amounts of data, is the next big restaurant demographic. A recent article in QSRMagazine.com discusses the importance of the Generation Alpha cohort. Also known as the “Glass Generation” (due to their devices) or “Gen C” (for COVID), they were born between 2010 and 2025 and are already […]

Rob Samtmann | May 31, 2023 |

Philly's Retail Space at New Lows

In a recent CoStar article, Brenda Nguyen points out that despite concerns about the impact of online shopping and the pandemic, Philadelphia retailers have seen a different outcome in terms of leasing performance. The retail space available in the Philadelphia region currently stands at 18.7 million square feet, which is 20% lower than the peak […]

Rob Samtmann | May 03, 2023 |

Irish Drones Are Heading This Way

One of the world’s most successful drone delivery companies will be expanding to mainland Europe and the United States in 2023. Manna Aero has already done over 100,000 drone deliveries in multiple locations in Ireland and is trending to hit over 1,000 deliveries per day in individual dense urban markets. But it won’t be instantly […]

Rob Samtmann | Apr 04, 2023 |

Work-From-Home Ends for Millions of Americans

Share of businesses with workers on-site most of the time neared pre-pandemic levels in 2022, Labor Department finds. A recent Wall Street Journal article by Gwynn Guilford reported on how rare working remotely has become, only a couple of years after the COVID-19 pandemic forced millions of Americans out of their office spaces. According to […]

Rob Samtmann | Mar 21, 2023 |

Dick's Bets on House of Sport

Dick’s Sporting Goods is trying to score with customers who want an engaging, hands-on in-store experience by pushing a big expansion of its House of Sport concept. Dick’s has been closing its remaining Field & Stream stores, with plans to convert some of them into its House of Sport concept or large-format Dick’s stores by […]

Rob Samtmann | Mar 09, 2023 |

Fiscal Retail Sales Up 9.4%

Recently released financial numbers for the year 2022 from retailers (most of whose fiscal years ended in January) shows that US sales were up 9.4%, not adjusting for inflation. However, even including inflation (which increased 6.4% in the past 12 months), retail sales were still significantly increased over 2021. Most categories showed positive increases over […]

Rob Samtmann | Feb 20, 2023 |

What do Zillennials want?

They’re 30 million strong, they live at home and they are willing to tell you all about their spending habits. Is your marketing strategy geared for the Zillennial micro-gen? A recent Forbes article honed in on the Zillennials micro-generation, the hybrid population that was born between 1990 and 2000. They’re 23-33 year-olds, bridging the Millennial […]

Rob Samtmann | Feb 08, 2023 |

Major Developer Announces Second Project in Philly

One of the nation’s largest student housing developers and investors plans to build its second project near two Philadelphia universities. The first development is set to open this fall. According to a recent Costar.com article, one of the largest developers and investors of student housing is planning a second project in Philadelphia (near the University […]

Rob Samtmann | Jan 23, 2023 |

Why Retailers Will Continue To Open Stores in 2023

According to a recent Forbes article, last year was a great year for retail real estate! By Q3, vacancy rates were down to 4.3% (one of the lowest rates in decades), driven by retail space demand and a scarcity of new development. Many new stores opened while mature brands continued to expand. Of course, the […]

Rob Samtmann | Jan 04, 2023 |

Consumer Behaviors of 2022 That Will Impact 2023 Retail

A recent Forbes article discusses some of the opposing forces that consumers faced in 2022, including high savings driven by government stimulus versus the high inflation that dug into both wage gains and savings; the low unemployment versus tech hiring freezes and layoffs; and high home values versus increasing interest rates. Every factor that could […]

Rob Samtmann

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

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