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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 | Nov 16, 2011 |
Retail News

Walmart Broke the Losing Streak

Walmart posted a 1.3% increase in U.S. comparable store sales.  The company had a streak of declining comparable sales lasting over two years.   Thanks to David Goodman of Equity Retail Brokers for catching this article.  Check out his Grocery Blog, Running with Equity Retail. Supermarket News Article
Rob Samtmann | Nov 16, 2011 |
Retail News

Kmart & Sears - Shopping Walls

This idea is definitely a new one.  Kmart and Sears will be testing shopping walls.  The walls will contain pictures of toys and quick response bar codes that can be scanned with smart phones.  Customers can make purchases from their phones and the items will be delivered right to their homes.  Walls will be installed temporarily in […]
Rob Samtmann | Nov 16, 2011 |
Retail News

New Store Announcements, November 1-15

  Bed Bath & Beyond – Clarksville, TN, 23,000 SF Bed Bath & Beyond – Roseville, MN BJ’s – Pittfield, MA, 84,000 SF Books A Million – Charleston, SC Books A Million – Sandusky, OH Books A Million – South Portland, ME Books A Million – Waterford, CT Books A Million – York, PA Buy […]
Rob Samtmann | Nov 07, 2011 |
Retail News

A Round of Applause for Toys R Us

Toys R Us has done what many thought impossible; turn the company around and return it to a successful viable retailer.  Jerry Storch (CEO) and company did it in the face of a terrible economy and increasing pressures from Walmart, Target and Amazon.   The company is cutting costs, buying some of its competitors, and […]

Rob Samtmann

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

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