Value Retail News is ICSC's publication featuring extensive and complete insight into the world of outlet and off-price retailers shopping centers. Here's a list of this month's articles and a summary of the stories.
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Cover story |
Happy Birthday |
As the nation celebrates its birthday in July, VRN checks in on several maturing outlet-center development companies and their tenants who have had a big impact on the industry.
right: Top photo is Royal Doulton, the 185-year-old china company that opened its first outlet store in 1982; bottom photo is VF Outlet in Reading, Pa., which opened in 1970.
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Features |
JMJ Twin Cities Grand Opening
Outlet shoppers from Minneapolis/St. Paul and surrounding areas turn out in droves at JMJ Property’s Outlets at Albertville, which gives the market its first taste of upscale outlet retailing. An estimated 120,000 people attended the center’s grand-opening weekend in late April.
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REIT News Round-Up
Chelsea GCA Realty in midst of construction boom; Veteran exec joins Konover Property Trust; Conway, N.H., center sold; Williamsburg, Va., center goes up for sale; Prime Retail details pick-up plan; Tanger Factory Outlet Centers contributes to schools; General Growth Properties’ ventures into cyber-retail.
to visit General Growth's Malibu website,
click the logo: 
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European Consolidation
MEPC’S outlet business is likely to undergo a major change over the next few months following the developer’s acceptance June 2 of a $2.9 billion bid from Leconport Estates, a joint venture formed by GE Capital Real Estate and the Hermes pension fund manager on behalf of the
BT Pension Project.
(MEPC project locations on map, right)
Galleria Success Story
The Galleria at Hatfield, England, in London's northern suburbs is reaping the rewards of its move from full-price to outlets.
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Opry Mills Opens
With a Bang
Mills Corp. intensifies its emphasis on entertainment with the opening (right) of
Opry Mills in Nashville in May.
Real Estate Drives Regis
Regis Corp. is in the unusual position of being the largest chain in the hair salon industry still having a lot of room for growth, including new units in value and outlet centers.
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And each month...
- Off-Price & Outlet Briefs:
Developers, Projects, Retailers and People in the news
- Outlet Perspectives:
Award-winning feature where industry professionals comment on industry issues
- Monthly Same-Store Outlet Chain Sales Index
- ICSC Events Calendar
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