Value Retail News: May, 2006

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Value Retail News

May 2006

Cover Story

Features

 



Cover Story


Outlet Power
The outlet industry is strong, with 20 new projects planned. Related stories look at Tanger’s site near Pittsburgh, and Chelsea’s Merrimack, N.H., location. Other stories: Details about Sussex Commons in Franklin, N.J., and sites in Rockford, Ill. and El Paso, Texas.



Features

Decade of Progress
Projects opened in the past decade prove to be remarkably stable.




CR: Thumbs Up to Outlets
Consumer Reports takes a hard look at outlet shopping and concludes that “the goods are good” and “the prices are low.”



Marketing to Kids
The nation’s outlet centers market to their youngest customers, with an eye to bringing in parents and grandparents.



Tanger Goes the Distance
The nation’s only outlet Real Estate Investment Trust celebrates a milestone: 25 years as an outletcenter developer.



Primed for Action
The Lightstone Group – parent of Prime Retail – buys the Belz property in St. Augustine, Fla. and refinances 10 of its centers to underwrite improvements.


Hush Puppies has Pups
The parent of Hush Puppies’ outlet chain has plans to grow two other outlet formats.



Perfect Fit
Platini Jeans, targeting the Hispanic male, is a perfect fit for The Shops at Las Americas in San Diego.


Dolphin Turnaround
Dolphin Mall in Miami undergoes a transformation that skyrockets its tenancy, marketing plan and sales psf.


San Ysidro Changeover
Eclipsed by a bigger outlet center across the highway, a 17-year-old project has nonetheless stayed profitable with its value/outlet blend.