Value Retail News: December, 2007

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Value Retail News

December 2007

Cover Story



Cover Story

El Paso’s Gigante Opening
The Outlet Shoppes at El Paso (Texas) grand opened on Thurs., Oct. 11 louder than a Mexican firecracker and with phenomenal sales, thanks to huge crowds of shoppers from South of the Border.


Chelsea Adds to Simon’s Glow
Chelsea Property Group has done its part to help parent company Simon Property Group issue a cheerful 3rd quarter 2007 earnings report.

Tanger’s Strong 3rd Quarter
Tanger Factory Outlet Centers’ strong third quarter supports an analyst’s view that fundamentals are solid in the factory outlet business.

Timex Keeps on Tickin’
The clock hasn’t stood still for Timex, the world’s leading watchmaker, which is beefing up its Time Factory Watch Outlet chain with a new design and more stores.

Dixie Outlet Mall’s Birthday Bash
When the mall turned 50, its three-day celebration drew shoppers and earned an ICSC Silver Maxi Award.

Loving Gen Y
At last count, there were 70 million people born between 1978 and 2000 and as a group, they share a number of characteristics critical to retailers.


News Up Front
Stoltz Management sells the 13-year-old Outlets at Vero Beach on Florida’s east coast for $38.2 million; Toronto based Knightstone Capital Management breaks ground on a 550,000-sf project that will include an outlet component; WestPoint Home throws in the towel on its outlet chain after years of struggling; the Viejas Band of Kumeyaay Indians weathers the California wildfires and supports relief efforts at its casino and adjacent outlet center.