Outlet retailing, that overnight success, that flavor of the day, that bright-eyed child, was the buzz of a lot of happy campers at ICSC's 2012 RECon, where practically everybody had
something nice to say about the sector. Even the Outlet Special Interest Group drew an overflow crowd of newcomers.
A comprehensive report from Citi Investment Research shows that outlets are an attractive option for retailers, particularly those that operate in more than one channel. In summary, the
$30 billion outlet industry is providing retailers with new growth opportunities as they creatively increase exposure to this well-trafficked and cost-attractive alternative.
Niagara outlet shoppers flip for Nik Wallenda; Craig realty adds staff to its marketing team; new GMs named at Mills properties; Paragon hires Galuppo; Sawgrass Mills breaks ground on a
big expansion; plus leasing news from Tanger, Simon, AWE Talisman, Legends Kansas City, Dolphin Mall, Outlet Shops of Grand River, Lake Buena Vista Outlets and Shoppes at Sands.