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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 | Jul 20, 2011 |
Retail News

Cabela's Opening Second Canadian Store

As reported in the Edmonton Journal, Cabela’s will open in Edmonton on August 4.  This area already boasts a strong customer following for the company. The only other Canadian store is in Winnipeg, but spokesman John Castillo said Cabela’s (CAB:NYSE) plans to expand across Canada, starting in Edmonton and Saskatoon next spring.   With its […]
Rob Samtmann | Jul 20, 2011 |
Retail News

Borders is Done....

Borders will likely face a sale to liquidators after the last interested party declined to bid on the failed retailer.   Liquidators led by Hilco Merchant Resources and Gordon Brothers Retail Partners LLC were made the opening bidders for the auction. The deadline for bids passed on 7/17 without any offers. 12 stores are in […]
Rob Samtmann | Jul 19, 2011 |
Retail News

hhgregg...10 More in South Florida

10 more hhgregg stores have opened in south Florida bringing the state’s total stores to 33.   The store openings created approximately 600 new jobs. Market Watch Article hhgregg Announces the Grand Opening of Ten South Florida Stores Indianapolis-based appliance and electronics leader hhgregg (NYSE:HGG) today announced that it will officially Grand Open ten new […]
Rob Samtmann | Jul 18, 2011 |
Retail News

Dinner at a Movie?

While on tour last week with one of my clients in southeastern Pennsylvania, we took a tour of the new Movie Tavern in Providence Town Center in Collegeville.  The movie theater had their soft opening and was preparing for the latest Harry Potter release and grand opening on Thursday night. The concept of having dinner […]
Rob Samtmann | Jul 18, 2011 |
Retail News

Five Below, Five in Detroit

The Philadelphia based retailer which started in 2002 will open 5 locations in Detroit.  It appears Five Below is up to 140 stores in 13 states. See the rest of the article at BrightonPatch.com.

Rob Samtmann

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

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1.484.417.2208

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