Value Retail News: May, 2009

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Value Retail News

MAY 2009


Outlet Chain Expansion
This month's three part cover story explores chains that are expanding despite the economy

Timberland’s Yankee Roots
This New England company has no debt, a conservative growth strategy, and classic boots that will always sell at full price.

Outlet Chain Growth Steady
Retail expansion has slowed this year for a number of reasons, but in recent months 203 chains that tenant outlet centers have told VRN that they intend to expand their chains.

New Concepts, Expansion Plans
VRN highlights Aeropostale, Banana Republic and Nike for new chain concepts, and Gymboree, Fossil, Kenneth Cole, True Religion, Adidas and J. Crew for expansion plans


Planned Projects Update
Guess what - not all of the new crop of planned outlet centers are phase 1 projects. There are at least a couple of existing lifestyle and power centers that have decided to tenant their second phases with outlets.

Barceloneta Brilliance
Prime Retail's impressive, $40 million expansion of Prime Outlets-Puerto Rico, is a vivid, new landmark that's paying off quickly in traffic and sales.

Tanger's Beach Makeovers
In the past two years Tanger has put $43 million into major facelifts of two prominent, beach-oriented projects - Tanger Outlet Centers in Foley, Ala., and Myrtle Beach, S.C.

Maximizing Shopper Visits
Our guest columnist has 11 tips for turning visits into $$$ -- basically, stay engaged with your customers and let those relationships guide your growth.


News Up Front
Nike joins the planned Grand River project near Birmingham, Ala.; Chelsea wins approval in Merrimack; a developer plans to open a center on the Canadian side of Niagara Falls; and another developer sees downtown Cleveland as the perfect outlet venue.