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GLOBAL OUTLET BRIEF
December 13, 1901 FORWARD | ADVERTISE

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Global Outlet NewsBrief is the only news update exclusively focused on outlet retailing and development. Emailed andposted online every two weeks, Global Outlet NewsBrief is edited and written by ICSC's Value Retail News and International Outlet Journal staff. Global Outlet NewsBrief is emailed free to all VRN/IOJ subscribers, and also delivered to those ICSC members who use our quick... more >>


Simon joins Springfield project

Construction is now underway with the announced 50-50 partnership of Simon and the consortium of Global Outlet Management and landowner Legacy Pointe Development Co. on The Outlets at Springfield (Ill.). The 350,000-sf project is slated to open in 2015 with more than 80 stores. Simon will drop its previous plan to add an outlet phase to portion of its nearby White Oak Mall.... more >>

Heard around the outlet convention…

More than 350 outlet development and retail leasing and marketing executives dug into deal making with gusto at the VRN Fall Outlet Leasing & Marketing Convention Sept. 15-16 in Secaucus, N.J. Details, news developments and background will be available in the November and December issues of VRN. Today, in Global Outlet NewsBrief, we share some of the high points of the sessions and deal... more >>


Corpus Christi looks at September 2015

Sept. 25, 2015 has been penciled in for the grand opening of The Outlets at Corpus Christi Bay (Robstown, Texas). Peter Edelmann, partner, EB Development, and Rick Carduner, principal, Carduner Commercial, told VRN they recently surpassed critical mass in terms of capital backing, partly by teaming with Nueces County, Texas, to establish immigrant financing through the federal EB-5... more >>


Outlets set the pace, adapt to omnichannel

ICSC president and CEO Michael P. Kercheval delivered a state of outlet retailing speech, with data that revealed the dramatic rates of expansion of the outlet channel: 13 million sf added in 3 years, high occupancy (97 percent), booming sales activity ($532 per sf) and increasing consumer preference (16 million visitors weekly). "Let's embrace webrooming," Kercheval said of the growing... more >>


Alaska center under construction

Joe and Erica Shannon, who are handling leasing for Outlets of the Pacific’s Outlets of Alaska near Anchorage, said construction is under way. Foundation work has started and the planned opening is holiday 2015. The Shannons also leased the recently converted 148,000-sf Outlets of Maui in Lahaina, Hawaii. more >>


Top outlet chains honored

Winners of the 2014 Outlet Retail Chain Awards were spotlighted in a ceremony at the VRN Fall Outlet Leasing & Marketing Convention this week in Secaucus, N.J. The honorees: Best Overall Outlet Retail Chain: Tory BurchBest Value Equation, tie: Puma and Skechers USABest Marketing Program: Nike Factory Store; honorable mention to Tommy HilfigerBest Visual Merchandising: Michael KorsBest... more >>


Berkshire Hathaway lining up tenants for Oregon project

Tom Hanacek, managing director and principal broker in the commercial division of Berkshire Hathaway HomeServices says he’s received strong response to the planned 50,000-sf Pointe at Woodburn (Ore.)The site, a former car dealership, is adjacent to Woodburn Premium Outlets, a 388,000-sf center that draws significant traffic. Hanacek told VRN the Pointe might also feature an onsite... more >>


College scholarship bestowed on Austin Pye

A future outlet dealmaker was honored, as David K. Ober, president, Global Outlet Management, bestowed the first $5,000 DOC&R scholarship on student Austin Pye, son of Famous Footwear director of real estate Jim Pye. "It really means the world to me," said Austin Pye in his thank-you remarks. "It makes it possible for me to get a quality education at the University of Illinois, in real... more >>


Outlet Agenda

Fall Outlet Leasing and Marketing Convention In September, the VRN Fall Outlet Leasing and Marketing Convention moves back to Secaucus, N.J., for an enhanced program that will include keynote speakers, marketing workshops and roundtables, one-and-a-half days of deal making, and the presentation of the ORCA and Hall of Fame awards. Qualified retailers get in free, and this meeting... more >>


Provide more options for shoppers

In his remarks on Expanding the Brand, guest speaker David Jaffe spoke of Ascena Retail Group’s synergistic, interbrand operating philosophy. Although each of Ascena’s brands (Catherines, Dressbarn, Justice, Lane Bryant and Maurices) has its own identity, services that customers aren’t aware of are handled centrally, said Jaffe, who is president and CEO. He also urged landlords to... more >>


Outlets attract more brand-driven shoppers

David Lobaugh, president, August Partners, interpreted new data showing outlet centers are increasing their advantage in attracting brand-driven fashion shoppers, even as overall consumer spend on apparel continues to fall. Panelist Kathy Hackshaw" CSM, general manager, Outlets of Mississippi in Pearl, said the center gained 40,000 Facebook followers in low-cost campaigns that boosted... more >>


Cherokee Outlets coming to Tulsa

The Tulsa market grew more crowded this week when Woodmont Outlets announced plans for Cherokee Outlets, a 300,000-sf planned add-on to the Cherokee Nation’s Hard Rock Hotel & Casino. Avison Young is handling leasing on the $80 million project. Also working on Tulsa are Horizon Group Properties, which is planning the 360,000-sf Outlet Shoppes at Tulsa, set to open in 2017, and Simon... more >>


Editorial


Duke Ratliff
Managing Editor
dratliff@icsc.org
+1 646 728 3570


Natasha Reed
Editorial/Production Assistant
nreed@icsc.org
+1 646 728 3558

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Sally Stephenson
Business Development
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sstephenson@icsc.org
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Michael Belli
Business Development
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Amie S. Leibovitz
Business Development
Manager
aleibovitz@icsc.org
+1 773 360 1179

 

Sheila Charton
Business Development
Manager
scharton@icsc.org
+1 646 728 3545

 

Global Outlet NewsBrief is an ICSC bulletin produced by Value Retail News and the International Outlet Journal. To subscribe to the Global Outlet NewsBrief, please email nreed@icsc.org.

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