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Rob Samtmann | Aug 06, 2011 |
Retail News

Ross Dress for Less: 12 Chicago Stores

As reported in the Chicago Tribune, Ross Dress for Less to open 12 stores simultaneously on October 8 in the Chicago area.   Ross is creating approximately 600 jobs. Chicago Tribune Article Ross Dress For Less To Enter Greater Chicago Area Ross Dress for Less®, the nation’s largest off-price apparel and home fashion retailer with […]
Rob Samtmann | Aug 01, 2011 |
Retail News

Menards to Start Construction in Missouri

As reported in the Southeast Missourian, Menards is the third largest home improvement store in the country.  The company has purchased the site, site work has begun, and building plans for the 162,340 square foot store have been submitted to the township.   The company has approximately 250 stores in the country and will soon […]
Rob Samtmann | Jul 31, 2011 |
Retail News

Hobby Lobby to Open 5 California Stores

Hobby Lobby with 489 stores in 40 states will be opening 5 stores in California.  It appears that at least 4 of the stores will be opening this year.   Hobby Lobby specializes in arts and crafts, picture framing, party supplies, cards, holiday supplies, and home accessories.  Leases for the company are best suited for […]
Rob Samtmann | Jul 31, 2011 |
Retail News

JCPenney & Nordstrom Rack Coming to Willow Grove Park Mall

JCPenney and Nordstrom Rack will be taking portions of the former Strawbridge’s at the Willow Grove Park Mall (Willow Grove, PA).  The vacant Strawbridge’s has sat empty since 2006.  JCPenney will total 114,000 square feet on two floors. Prior to the economy downturn, I personally noticed JCPenney on a number of proposed shopping center site […]
Rob Samtmann | Jul 31, 2011 |
Retail News

Dick's Goes to Staten Island

From silive.com, Dick’s opened it’s first Staten Island and New York City store on Friday.  The store is about 36,000 square feet and will shed the Hunting and Biking Departments because it is smaller than the normal prototype.  Dick’s hopes to add those departments in the future.   silive.com Article
Rob Samtmann | Jul 27, 2011 |
Retail News

Target Doing Grocery

As we all know in Pennsylvania, New Jersey and Delaware, Target is expanding its grocery format at many of its stores.   In St. Louis, Target is also making the move to convert stores.  Adding the expanded grocery (“PFresh”) is not to be confused with the SuperTarget format, which is substantially bigger.  However, I know […]
Rob Samtmann | Jul 27, 2011 |
Retail News

Kansas & Cabela's

Cabela’s is coming to Kansas in the Spring of 2012.  Site work has begun on their new 80,000 SF location in Wichita.   According to the Wichita Eagle (See article below), the new store is expected to attract between 800,000 and 1,000,000 million visitors each year. The company is utilizing smaller prototypes to get closer […]
Rob Samtmann | Jul 27, 2011 |
Retail News

Shoe Carnival Into Montana

Shoe Carnival is entering Montana with its first store.  One is already open in Wyoming and there are more to come in the north and west.  The company is up to 314 stores in 30 states. The Montana store is responsible for 25 new jobs. Shoe Carnival is currently operating in western and central Pennsylvania. […]
Rob Samtmann | Jul 23, 2011 |
Retail News

IKEA to Open First Colorado Store

IKEA will open its first Colorado store on July 27.  The store is in Centennial and is 415,000 SF.  It is the 38th in the United States and the 324th in the world.   Denver Business Journal Article
Rob Samtmann | Jul 21, 2011 |
Retail News

Signs of Walmart Express

There will soon be six drug store sized Walmart Express stores in the country. Genty, AR Prairie Grove, AR Albemarle, NC Midway, NC Ridgefield, NC Chicago, IL The Walmart Express concept allows the discount giant to enter markets where they can’t otherwise open a larger store.  Thus far, Express stores appear to be carrying merchandise […]

Rob Samtmann

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

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