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Rob Samtmann | Aug 22, 2011 |
Retail News

Shop Kick Helping the Boxes

In the never ending fight to get customers in the store, retailers are using a relatively new iPhone and Android app called Shop Kick to generate customer trips. Shop Kick users get rewards when they walk into partner stores.  Check out this article and you may end up downloading the app.  However, some may end […]
Rob Samtmann | Aug 15, 2011 |
Retail News

New Store Announcements - Week of 8/8/11

The following were a list of stores that were mentioned in articles throughout the week.  Last week TJX Companies (TJ Maxx, Marshalls, HomeGoods) had the most stores announced.  This week Kohl’s is the winner.  Week of 8/8/11 Cabela’s – Wichita, KS, 80,000 SF Hobby Lobby – Wallkill, NY (30-50 jobs) Kohl’s – Williamsport, PA (130 […]
Rob Samtmann | Aug 13, 2011 |
Retail News

Walmart: Trying to Generate More Sales

Three new moves Walmart is implementing to generate more sales… 1, Walmart Express – 15,000 SF 2. Remodel all stores by 2012 3. Walmart To Go – Online grocery delivery service with minimum $49 order ($5 fee) Forbes Article In the past few quarters, Wal-Mart has struggled to lift its same-store sales despite new initiatives like Project Impact in […]
Rob Samtmann | Aug 13, 2011 |
Retail News

Walmart Express Under Construction in North Carolina

A new Walmart Express is under construction on the east coast in Greene County North Carolina. News 12 Link
Rob Samtmann | Aug 10, 2011 |
Retail News

Petco Going Smaller with Unleashed

Petco has a smaller concept called Unleashed that takes approximately 4,000-5,000 square feet. The Unleashed concept is smaller than the typical Petco store and specializes in natural, organic, and higher end products. One of the latest locations will open in Severna Park, MD. Severna Park Patch Article Unleashed Web Site
Rob Samtmann | Aug 10, 2011 |
Retail News

Liberty Media Bidding for Barnes & Noble

As reported earlier this year, Liberty Media has made a $1 billion ($17 per share) offer to acquire approximately 70% of Barnes & Noble.  According to the Wall Street Journal, Liberty is through the due diligence phase of their financial data analysis and now working on arranging financing for the transaction. Liberty owns QVC and […]
Rob Samtmann | Aug 08, 2011 |
Retail News

New Store Announcements - Week of 8/1/11

  The following is a list of new stores that were mentioned in articles throughout the week or are occurring in the Philadelphia area:   Big Lots – Livermore, CA Big Lots – Abilene, TX Office Depot – Brownsville, TX, 18,000 SF Cabela’s – Tulalip, WA (200 jobs) Cabela’s – Charleston, WV Carmike Theaters – Pottstown, PA Costco – […]
Rob Samtmann | Aug 08, 2011 |
Retail News

Best Buy Express Growing

Best Buy Express, the self-serve, kiosk is adding approximately 100 locations in the next year.  The company has placed at least 150 in the last three years.  This concept is yet another example of how the traditional bricks and sticks retailers are shrinking their prototypes while trying to generate sales through other channels. Reuters Article
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

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

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