The closings include…102 company small format stores23 Neighborhood Markets12 Supercenters7 stores in Puerto Rico6 discount centers4 Sam’s ClubsShopping Center Business Article
The first Wal-Mart Express stores are profitable within first year of operation. The 12,000-15,000 square foot stores carry everything a shopper might need at the spur of the moment. More stores to come…Business Week ArticleReuters Article
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 –...
Three new moves Walmart is implementing to generate more sales…1, Walmart Express – 15,000 SF2. Remodel all stores by 20123. Walmart To Go – Online grocery delivery service with minimum $49 order ($5 fee)Forbes Article
There will soon be six drug store sized Walmart Express stores in the country. Genty, ARPrairie Grove, ARAlbemarle, NCMidway, NCRidgefield, NCChicago, ILThe Walmart Express concept allows the discount giant to enter markets where they can’t otherwise open a...
As reported on icsc.org, Wal-Mart 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...
I have been active in the commercial real estate industry as a Tenant Representation Broker or Landlord Representation Broker in the Philadelphia Metropolitan Area since 1995. I started with the company in 1997 and am now a managing Principal with Equity Retail Brokers.
In my career at Equity Retail Brokers, I have been fortunate to work with retailers including Starbucks, Verizon Wireless, Burger King, Halloween City, Blue Pearl, Banfield Pet Hospital, C2 Education, Thirsty Lion Pub & Grill, Kids Empire, Hapik, ServiceKing, Shop Rite Supermarkets, Shoe Carnival, Gander Mountain, BJ’s Wholesale Club, Babies R Us/Toys R Us, Lowe’s Home Improvement, Friday’s, Party City, Pep Boys, Firestone, FedEx, Movie Tavern, Pittsburgh Paints, Visions Federal Credit Union, Pet Supplies Plus, Quaker Steak & Lube, Wendy’s, PDQ, Wells Fargo, Travinia, Rite Aid, Alton Lane, Empire Beauty, Arby’s, PNC Bank, Lou Lou Boutique, Pet Valu, Primrose Schools, Red Robin, Applebee’s, Lime Fresh, Pancheros, Outback Steakhouse, Ruby Tuesday, TGI Friday’s, STS Tire, Noah’s, Oportun, Grassroots, Expedia, Ten Thousand Villages, Sleep Number, Sherwin Williams, and Kindercare.
Some of my landlord representation clients have included Kimco, RREEF (pension fund advisor), AEW (pension fund advisor), Steve Guttman (former President of Federal Realty), Audubon Land Development, Gambone Development, CW Capital Asset Management, and Excess Space.