April 2015


21 trends shape outlet retailing
Foreseeing the future is hard work, but outlet execs generously shared with VRN a number of circumstances, leanings and inclinations that affect the industry.


Simon chases Macerich
In early March Simon offered $22.4 billion to buy Macerich, but that story is hardly finished. Macerich’s top-notch mall portfolio and growing outlet aspirations make the developer a prize catch.

Forget talk! Go outlet shopping!
Pundits can expound on what’s right or wrong with retail, but to really know what’s working, VRN contributing editor Marie Driscoll goes shopping, this time at Woodbury Common Premium Outlets.


News Up Front
A joint venture that includes Craig Realty Group has acquired Tanger Outlets Wisconsin Dells; another site fight breaks out, this time in Winnipeg; Simon’s Livermore outlet center gets a new name; DOC&R plans this year’s Pig N Whitle BBQ.


Retail Briefs
Chico’s FAS slows store growth and trims staff; Bloomingdale’s Outlet will open in Manhattan in time for the holidays; the sale of VF’s flagship building in Reading, Pa., falls through.

Consumer Snapshots
Data security is the No. 1 issue for retail CIOs; half of shoppers report they’ve had a bad return experience; print catalogs could be making a comeback; customer satisfaction with stores drops; if you’re out of stock, you’re out of luck.

Staff News
Seven key staff were promoted at Federal Realty Investment Trust in the REIT’s ongoing efforts to decentralize management; Potomac Mills brings a new marketing director on board.

Development Briefs
Three job fairs herald the imminent opening of new outlet centers; a megamall in Kansas is set to close this year; Merlin Entertainment will start construction in June on Legoland Discovery Center at Arizona Mills.