View in browser
GLOBAL OUTLET BRIEF
December 10, 2015 FORWARD | ADVERTISE

Outlets in thick of action at NY Deal Making

More than 10,000 retailers, developers and other real estate decision-makers filled the aisles and booths at the ICSC New York National Deal Making this week at the Jacob Javits Convention Center. The record crowd was a clear sign that the outlook is robust for shopping center development and redevelopment, particularly in the outlet sector, which has more than 45 phase 1 projects planned... more >>



Saks Fifth Avenue Off 5th adds IvanhoƩ Cambridge centers

Hudson's Bay Company chain Saks Fifth Avenue Off 5th has extended to seven the number of Ivanhoé Cambridge properties in its opening wave of stores in Canada. Saks Off 5th announced it will open at Tsawwassen (B.C.) Mills, which has a fall 2016 grand opening date, and at Outlet Collection Winnipeg (Man.) when the project has its grand opening in spring 2017. (The retailer also will open... more >>

McArthurGlen to expand in Venice, acquires German center

McArthurGlen broke ground Nov. 25 on its 6,000-m2 expansion of Designer Outlet Noventa di Piave in metro Venice, Italy. The €50 million phase 5 is due to open in spring 2017. MCG also named the first tenant lease for the expansion. "We are thrilled to be welcoming Polo Ralph Lauren as the first store," said Julia Calabrese, CEO of MCG. The 26,000-m2 outlet center opened in 2008 and its... more >>



Macy’s to roll out 50 Backstage stores

Macy's announced it will accelerate its off-price experiment Macy's Backstage from the current six-store test to a 50-store rollout over the next two years. In its Nov. 11 third-quarter results report, the retailer said it plans to site the Backstage stores mainly in off-mall locations. It will also conduct a 10-store pilot test of what it calls a "hybrid" with Backstage store-in-stores... more >>



Two-level H&M to tenant Nebraska Crossing Outlets expansion

Fast-fashion retailer H&M is planning a two-level, 24-000-sf store to anchor the 76,000-sf expansion at Nebraska Crossing Outlets in Gretna, scheduled to open in summer 2016. Center owner-operator OTB Destination opened the center in November 2013 on Interstate 80 about 30 minutes from downtown Omaha. “Since grand opening, H&M has been a target brand for ownership and one of the most... more >>



Outlet agency Realm names Giles Millerchip head of legal

UK outlet center operations and management agency Realm has appointed Giles Millerchip head of legal, a newly created position. Millerchip will be based in the North West Office of Realm, sited in Alderley Edge. He was formerly head of legal at McArthurGlen, which he joined in 2000 after prior experience with several law firms in Chester and London. Colin Brooks, managing director of... more >>



Overheard

"She is still shopping and browsing, in fact she is shopping more than ever, but now she is scrolling on her iPad and mobile and you have to win her at the digital lease line." – Marni Shapiro, The Retail Tracker, December 2015 VRN. more >>


By the numbers

Twelve developers, including one JV, plan a total of 1,937,318 sf in expansions at 18 outlet centers and outlet megamalls in 11 U.S. states for 2016–2018. The largest will be Charles Co.'s 291,000-sf phase 2 at Gran Plaza Outlets in Calexico, Calif., and the smallest the 10,000-sf expansion of Outlet Shoppes at El Paso (Texas) by Horizon/CBL. – Planned expansions to existing outlet... more >>


VRN Spring Outlet Retail Deal Making

Thursday-Friday, February 11-12, 2016 Loews Pacific Resort Orlando, Fla. Earlier this year! VRN Spring Outlet Retail Deal Making will return to Loews Pacific Resort Orlando, Fla., Thursday-Friday, February 11-12, 2016. The outlet center industry's must-attend spring event. Register now and save: click here. more >>


ICSC European Outlet Conference

Tuesday, March 22, 2016 Business Design Centre London Brands, retailers, landlords and developers come together for this one-of-a-kind event: Representing Europe's more than 150 outlet centers operating from Ireland to Dubai and from Portugal to Russia. Dozens of new projects and expansions. Ownership changes and new joint ventures. Save the Date: Tuesday, March 22, 2016 at the Business... more >>


ICSC Retail Connections 2016

Only in Europe, a must for global retail real estate professionals: Retailers and developers meet in the biggest and best pure deal making event for shopping center leasing. Save the Date: Wednesday, March 23, 2016 at the Business Design Centre, London. Full details coming soon click here. more >>


Global Outlet NewsBrief: 10,931 subscribers via email

As the outlet center industry sustains its expansion in the U.S. and around the world – adding more than 5 million sf of retail GLA annually – VRN editors provide your every-other-week digest of developments, expansions, staff moves, retailer news, data and analysis. Global Outlet NewsBrief can also be your direct email channel to more than 10,000 fully engaged outlet industry insiders.... 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

Advertise

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.

Copyright © 2018 ICSC

Unsubscribe