Value Retail News

December 2018

COVER STORY

Grand Opening in the Mile High City

Simon celebrates the opening of Denver Premium Outlets, a 330,000-square-foot center in the Rocky Mountains.

FEATURED COVERAGE

The Digital Frontier

Nebraska Crossing Outlets is on the cutting edge of technology when it comes to customer convenience and driving sales through technology.

Bet on Outlets

Creating synergy with surrounding casinos is paying off for Fashion Outlets of Las Vegas.

Strength in Strategy

With the addition of Design Within Reach Outlet, Vero Beach Outlets solidifies its niche as a home furnishings go-to center.

DEPARTMENTS

News Up Front

Central London gets its first urban outlet with the opening of Icon Outlet at The O2; Unico Outlets takes home three trophies from the 2018 Latin America and Caribbean Shopping Center Awards; McArthurGlen breaks ground on Designer Outlet Cannock’s 30-acre site, which plans to open in 2020; ICSC Research confirms and benefits of a symbiotic relationship between brick-and-mortar stores online sales.

Retail Outlook

Ascena experiences a banner fourth quarter with a 6.5 percent rise in net sales which helps minimalize their losses for the year; Versace, who plans to increase their global store count by 100, is acquired by Michael Kors; PREIT changes the traditional mall model with flexible leases for Love Culture; Nike’s Consumer Direct Offense initiative reaps in the numbers for Q1 through new concept stores; H&M partners with Klarna to upgrade everything about customers payment options; Macy’s and Facebook partner to bring 150 e-commerce brands to Market @ Macy’s.
 

Development Briefs

Kate Spade New York joins over 30 brand names at Outlets of Maui’s oceanfront center; Dockside at Chatham Maritime opens Dockside Day Nursery, a 3,500-square-foot nursery and pre-school; November brought four new retailers to North Georgia Premium Outlets and Michael Kors is set to open a 5,000-square-foot store early next year.