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Rob Samtmann | Jul 09, 2011 |
Retail News

Did You Know So Many People Like to Bargain Hunt?

Retailers like Trader Joe’s, DSW, T.J. Maxx, Costco, BJ’s, and Dollar Tree lure you in to buy one thing, but then count on the impulse buy for unexpected treasures at bargain prices.   Goodies at Trader Joe’s aren’t on most grocery lists, but they’re eye-catching enough to tempt shoppers into an impulse buy. At a […]
Rob Samtmann | Jul 09, 2011 |
Retail News

Petsmart & Petco Not Feeling the Heat from Discounters

The Wall Street Transcript, which publishes its Pets and Vets Report, recently interviewed Joan Storms, CFA.  She is a sell-side Equity Analyst with 16 years experience covering specialty hardline retail companies. She has been at Wedbush Securities since 1999.  During the interview she provided the following information. ********************************** The industry is highly fragmented. You have […]
Rob Samtmann | Jul 02, 2011 |
Retail News

BJ's Goes Private

As reported in the bostonherald.com, BJ’s Wholesale Club has agreed to be sold to Leonard Green & Partners, a Los Angeles-based private equity firm, and go private in a deal worth $2.8 billion. bostonherald.com Article Link
Rob Samtmann | Jun 30, 2011 |
Retail News

Walmart Hitting the Gas with 'Neighborhood Market'

As reported on icsc.org, Walmart announced plans to nearly double the number of its Neighborhood Market supermarkets over the next three years. At present, the company operates 185 of these stores, including 30 in Puerto Rico under the Amigo banner.   Walmart executives say, but the 42,000-square-foot Neighborhood Market stores will help revitalize same-store growth […]
Rob Samtmann | Jun 28, 2011 |
Retail News

There's a Tenant for That Space

The spaces formerly occupied by retail heavyweights including Circuit City, Linens ‘n Things and Borders are now welcoming sellers of discounted designer jeans, used video games and surplus merchandise. Many of these new stores moving in trumpet terms such as “off-price,” “discount” and “value” in their slogans. Stores including Big Lots, Ross Dress for Less, […]
Rob Samtmann | Jun 28, 2011 |
Retail News

Staples is the Next to Step Down Store Size

Staples U.S. president Demos Pareros said new stores will be about 15,500 sq. ft. to 16,000 sq. ft., down from the current prototype of 18,000 sq. ft (Source: Chain Store Age) Chain Store Age Story
Rob Samtmann | Jun 27, 2011 |
Retail News

Target to Open in Central PA

Target to open in Hanover PA according to the York Dispatch.  ***************************** Two more restaurants will soon vie for their shares of the crowded dinner lines at Hanover area eateries, and the sated restaurant-goers can follow dinner with a shopping trip to a new Target store. The retailer is the first store expected to be […]
Rob Samtmann | Jun 23, 2011 |
Retail News

Dick's Going For It

It’s good a retailer is expanding! Dick’s Sporting Goods steps up pace of expansion Dick’s Sporting Goods is stepping up the pace of its expansion, but the company’s chief executive says it’s not yet time to follow the National Hockey League and Major League Baseball across the northern border. “Our expansion will be in the […]
Rob Samtmann | Jun 23, 2011 |
Retail News

Gap Having Second Thoughts

It appears Gap will be retrenching… http://www.bizjournals.com/phoenix/morning_call/2011/06/gap-closing-200-stores.html Gap to Slash Its Store Count Gap Inc. GPS 0.09% plans to shut more than a fifth of its Gap stores in North America over the next two years, a comedown for the struggling retailer and a stark symbol of the way the tepid recovery and rise of online shopping have altered […]
Rob Samtmann | Jun 23, 2011 |
Retail News

Remodels and Reporting...Both are Changing

More Remodels and Less Reporting http://www.dispatch.com/live/content/business/stories/2011/06/19/retailers-regroup-for-recession-retaliation.html?sid=101

Rob Samtmann

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

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