Planned Outlet Projects
Considering how few outlet centers open every year, the industry doesn't appear to be in danger of becoming saturated in the near future. Nevertheless, the most recent spate of
planned projects has 30 developers hoping to open 46 centers totaling more than 17.5 million sf.
Outlet Site Fights
Outlet development has always had site fights, but not any quite like the industry is now seeing with multiple developers going after the same market. In all, 18 developers are
planning 24 centers in eight highly competitive markets.
The outlet industry was the flavor of the month at ICSC's RECon in May and VRN was on the scene, reporting on more than 60 companies involved in outlet retailing. Outlet session
panelists discussed the importance of made-for-outlet inventory and brand management, the difficulty of converting a traditional center to outlet tenancy, and the issues of
cross-over shoppers and retail sensitivity.
Pig N Whistle Fun
17th annual Pig N Whistle Barbecue saw fair skies, great food and gift bags. Sponsors were AWE Talisman, EWB, Fashion Retail Group, Federal Realty, Outlets at Hershey, Power
Square, Pyramid Cos., Rockvale Outlets, Sands Casino, Simkin Group, Simon Property Group, Tanger Outlets, TH Retail Consultants, VF Outlet, Victory Signs and The Was Group.