Value Retail News: March, 2011

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Value Retail News

March 2011


State of the Outlet Industry, Retail Chains
Sales are up, rents are up, expansion plans are down. That’s just part of the picture that emerged from the newest outlet-tenant data.

State of the Outlet Industry, Projects
Difficulty in maintaining outlet tenancy has led to VRN's outlet-center tally for 2010 being 37 fewer than the tally in 2009.


Big is Beautiful
Hanesbrands is reaping the rewards of expanding to mega and super stores in outlet centers.

Nike’s Game Plan
Athletic apparel-maker Nike has created an athlete-to-athlete environment in its 27-yearold outlet chain.

Foreign Visitors’ Shopping Options
Travelers from five emerging markets – Australia, Brazil, China, Korea and India – pick cities to visit based on shopping options.

Book Review: Paco Underhill
In his latest book Paco Underhill, CEO of Envirosell, which researches human behavior in retail environments, tackles the timeless question of What Women Want.

Houston’s Phase
The 114,000-sf second phase of Houston Premium Outlets in Cypress, Texas opened in early November 2010, just in time for the holiday selling season.

Hawaiian Punch
Competition is coming to Waikele Premium Outlets as five developers plan outlet projects in Hawaii.


Up Front
Tanger Factory Outlet Centers, which will open its rebuilt project in Hilton Head this month, plans to JV with a Canadian company to develop outlet centers; the FTC issued a final order regarding Simon’s acquisition of 21 Prime Retail centers in August; Simon and Tanger have both announced outlet projects south of Houston, plus there are six other planned projects in Texas; Maryland Live! casino is coming to Arundel Mills