Value Retail News

November 2018



International Tourists Love Outlets

Centers reveal best practices to attract foreign shoppers.


Three's a Family

Global Mutual hits the ground running to take their three newly purchased outlets to the next level, starting with branding.


News Up Front

A joint venture between Simon and Macerich will bring Los Angeles Premium Outlets in 2021; Denver Premium Outlets cuts their red ribbon with a weekend long celebration; McArthurGlen appoints a new deputy chief executive officer, Susie McCabe; Local college students turned Outlets of Mississippi into a canvas for a chance at a scholarship; Founder of Retail Prophet, Doug Stephens, will speak at ICSC’s New York Deal Making; Gen-Z shoppers overwhelmingly prefer physical stores to buying online.

Retail Outlook

Ascena Retail Group promotes Julie Rosen to president for Ann Taylor and Loft brands; macerich partners with Industrious to bring workspaces to malls; Denise Landman, CEO of Victoria Secret’s Pink announces retirement and will be succeeded by Amy Hauk; Consumer confidence hits its highest level since 2000; Gap saw a 9.6 percent gain in net income for their second quarter; Michael Kors net income soared up by 48.5 percent in their first quarter as they announce plans to renovate 200 stores to their new luxury concept.

Development Briefs

Christian Outlet gets a warm reception from Centralia Outlets; Icon Outlet announces 12 new brands before opening its doors in October; Colorado gets its first Williams Sonoma Outlet at Outlets at Silverthorne; Dockside at Chatham Maritime adds a nursery and pre-school to their hybrid outlet center; Neinver adds over 20 brands to their four outlets in Poland, two of which are first-timers to the region; Old Navy opens a new 12,000 square foot store at Outlets of Des Moines.