Value Retail News

January/February/March 2019

COVER STORY

Creating an Experience

Outlets are combining with residential, entertainment and traditional stores as developers look to find the perfect mix.

FEATURED COVERAGE

A New Outlet Destination

Vero Beach Outlets is undergoing a multi-million-dollar renovation and opening 25,000 square feet of additional home furnishing offerings with Design Within Reach.

Icon Outlet Brings Retail to London

The O2 concert venue in London gained a retail component with an 85 store outlet center.

DEPARTMENTS

News Up Front

The Outlet Retail Chain Awards were presented at New York Deal Making with Tory Burch winning the 2018 Best Outlet Chain; DOC&R inducted three exceptional outlet industry professionals to its Hall of Fame; Woodbury Common is set to pass 1 million square feet of retail space with a 140,000-squarefoot expansion; McArthurGlen plans four new developments and seven expansions over the next three years.

Retail Outlook

Claire’s Stores eliminates $1.9 billion in debt to come out of chapter 11 bankruptcy protection; Macy’s partners with Marxent to introduce virtual reality to 70 Macy’s stores nationwide; Carter’s plans to open 160 co-branded stores with Oshkosh B’Gosh; Under Armour sees a massive 38.8 percent jump in net income for the third fiscal quarter.
 

Development Briefs

Denver Premium Outlets opened five new stores, including Forever 21, Lucky Brand and My Colorado; McArthurGlen obtains final approval for Designer Outlet Normandie after 20 years of planning; AT&T brought a Hawaiian blessing to Outlets of Maui; The Pink Savings Pass at Westbrook Outlets was sold in October for National Breast Cancer Awareness Month and raised nearly $6,000; Recently renovated The Boulevard in Northern Ireland won a Revo Gold Award for its rebranding efforts; The one-year anniversary of Outlets of Des Moines brings the opening of Polo Ralph Lauren Factory Store as well as an art installation by a local artist.