Value Retail News: September, 2009

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State of the Outlet Industry, Retailers
The end of 2008 saw 316 outlet chains operating almost 13,000 stores, an increase of 11 chains over 2007’s 305 outlet chains operating 11,546 units.


The Numbers Don’t Lie
The authors’ 15-year survey compares malls with outlet centers on sales, rents, occupancy and occupancy costs, proving that outlets provide opportunity.

Legends at Sparks Marina opens
‘Gorgeous, really gorgeous’ is how RED Development’s new Legends at Sparks Marina is being described - the outlet project could be the spark that ignites the Reno suburb.

Designing For Flexibility
Flexibility is key to graceful aging and outlet center architects who design for changing tenant needs help save money down the road.

Meaningful Mentoring
Outlet developers who take the time to guide young executives find the experience rewarding in many ways as interns and mentors teach each other.

Advice from the Pros
Once a retailer is committed to launching its brand in the outlet world, what steps can it take to assure its success? VRN asked five retail consultants that very question.

Retailer Earnings Reports
During their most recent quarterly earnings conference calls with analysts, Coach talks about its outlet pricing strategy and Charlotte Russe touts expansion of its social networking and outlet presence.


Up Front
Tanger releases its 2Q earnings, new development standards; VRN Fall Outlet Convention and ORCA presentation to be held Sept. 14-15 at Hyatt Regency New Brunswick, N.J.; Fashion Outlets of Niagara Falls completes a two-year renovation; SugarOak acquires Holland Town Center for $2.8 million from Horizon Group; CBRE and EWB form an outlet alliance.