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    Value Retail News

    April 2014

    COVER STORY

    Outlet Love in Palm Beach
    The Valentineís Day grand opening of Palm Beach Outlets was all hearts and roses, thanks to a big, steady stream of shoppers.

    FEATURED COVERAGE

    2014 Outlet Pipeline
    Eleven outlet centers totaling 3.6 million sf are set to open this year in the U.S. and Canada, and one is already up and running. VRN updates four on the list:

    • Ivanhoe Cambridgeís Outlet Collection at Niagara in Ontario
    • Horizon/CBLís Outlet Shoppes of the Bluegrass in Louisville, Ky.,
    • Tejon Ranch/Rockefeller Groupís Outlets at Tejon Ranch near Bakersfield, Calif.
    • Howard Hughesí Outlet Collection at Riverwalk in New Orleans

    Desert Hills Expansion
    One of the outlet sectorís most important trends is the emergence of large-scale expansions. Simon Property Group is leading the way with 10 planned expansions totaling 1.3 million sf, including a 146,000-sf addition in Cabazon, Calif., set to open April 24.


    Outlet Outlook
    Heavy discounting and light traffic in fullprice stores during the final quarter of 2013 were a drag for brands, but outlets and online sales helped offset the losses. Top executives discuss Q4 strategies:

    • Fossilís strategy drives growth
    • Chicoís embraces all avenues
    • A&F tests MFO product
    • Gap plans outlet expansion
    • Nordstrom needs omni-channel

    Beaming Up Shoppers
    At Nebraska Crossing Outlets, a small sensor called iBeacon is tightening the bond between brands and app-minded shoppers.

    Parsing Co-Tenancy
    A new approach to the thorny issue of cotenancies and the unpopular comparative sales test would give tenants protection, be fair to landlords, and possibly end the war between the factions.


    DEPARTMENTS

    Consumer Snapshots
    A report shows that 70 percent of 18-25-year-olds preferred buying their clothing in bricks and mortar settings rather than online; whoís todayís trendsetter Ė the designer or the data? Although we tend to think of Motherís Day as a lastminute, one-hit shopping event, itís a little more drawn out; coupons arenít dead yet, and itís not the Boomers that are keeping them alive. Itís their grandkids, the Millennials (age 24-35); when shoppersí senses are engaged, sales are more likely to occur; the mommy-daughter shopping experience is overall a positive one.



    FEATURED MEETINGS
    VRN Spring Outlet Deal Making
    26 - 27 March, 2014
    Orlando, FL
    More...
     
    VRN Fall Outlet Leasing and Marketing Convention
    15 September, 2014
    Secaucus,NJ
    More...

     


    ANNUAL DIRECTORIES
    Value Retail Directory
    Global Outlet Project Directory

    On sale now with the latest information on the outlet industry

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