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GLOBAL OUTLET BRIEF
February 5, 2015 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 >>


By the Numbers

The world’s 35 largest outlet centers – those that are 500,000 sf or bigger – are mostly found in North America. Twenty-five of the world’s largest are in the U.S., and three are in Canada. Two large outlet centers are in China and two more are in Australia. The 35 centers total more than 23 million sf, or about one-fourth of the world’s total outlet GLA of 96 million sf. Chelsea... more >>

Jones New York to close all outlet stores

Jones New York will close all of its retail and wholesale operations in 2015, the privately held company announced on Jan. 30. The retail side includes 127 stores, most of them in outlet centers in the U.S. and Canada. With an average store size of 3,500 sf, Jones New York outlets are widely distributed across the industry. Sycamore Partners, which acquired Jones Group in April 2014,... 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 >>


Tanger gets go-ahead for Daytona outlets

The city of Daytona Beach unanimously approved land-use changes requested on behalf of Tanger Factory Outlet Centers that would clear the way for development of a 380,000-sf outlet center. The changes include development of a 39-acre parcel along the east lanes of Interstate 95 just south of LPGA Blvd., for which Tanger has also filed zoning and site plan applications. The location is... more >>


Paragon buys land for White Marsh project

Paragon Outlet Partners has acquired 56 acres in White Marsh, Md., and is seeking zoning approval for a 586,000-sf outlet center it will call Paragon Outlets Baltimore. The company plans to open a 425,000-sf phase 1 in 2016 at the junction of Interstate 95 and Rte. 43. The acquisition brought Paragon's parcel at the site up to 83 acres. Paragon's master plan calls for additional new... more >>


Site fight comes to light in Winnipeg

Ivanhoé Cambridge said on Jan. 21 that it will break ground this summer on the 385,000-sf Outlet Collection at Winnipeg in Manitoba – but the plan has now attracted a rival in the form of Outlets at Polo Park, a 150,000-sf project announced in January by local developer Shindico Realty. The Polo Park center would open in fall 2016, according to a Winnipeg Free Press interview of... more >>


Resolution starts phase 2 at Rosada Fashion Outlet

Resolution Property has begun work on an 86,000-sf expansion of Rosada Fashion Outlet in Roosendaal, Netherlands. The move comes after Resolution successfully closed on a €40 million refinancing of the project. Plans for the expansion call for up to 45 new tenants and 900 parking spots; opening is slated for spring 2016. Resolution said phase 1 of Rosada is 96 percent leased with 120... more >>


VRN Twitter alerts surpass 15,000 reads monthly

Tune into the latest in outlet center development news and analysis via @ValueRetailNews. More than 440 current followers receive news-alert tweets several times weekly from VRN via our Twitter site: twitter.com/ValueRetailNews VRN tweets make more than 15,000 impressions each month. Visit the site and discover why companies including Cherokee Nation, Empire Outlets NYC, Howard Hughes,... more >>


Overheard

"Our portfolio associated with value retail is a little over 34 percent of our business. In 2011 it generated $1.2 billion of our NOI. And it is growing." - David Simon, CEO of Simon Property GroupSee more details in the March 2013 VRN 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
Director of National Accounts,
Outlets and Specialty Leasing
sstephenson@icsc.org
+1 847 835 1617

Michael Belli
Business Development
Manager
mbelli@icsc.org
+1 714 313 1942

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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