One way outlet developers ensure that their stores actually sell goods at a discount is through discounting requirements specified in the leases their retail tenants must sign. According to Doug Fleener, the president of retail consulting company Dynamic Experiences Group, retail leases at outlet malls often require that 90% of a store s goods be …
Tag Archives: Outlet
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Outlets weathered the downturn by attracting cost conscious shoppers. There s been a resurgence of people looking for value, says Mark Libell, an outlet executive and the author of the blog Factory Outlet Insiders. In 2009, Simon Property Group s Premium Outlet Centers, the nation s largest collection of outlets, saw sales dip only slightly, …
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Outlet only lines often have different cuts, fits and fabrics than a store s primary line, Madhok says. Treat it like you re shopping a new brand, she says. In stores, try on everything. Online, start with pieces where you can easily gauge the size outlet only lines may have different sizing from the regular …
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Outlet mall shoppers often use coupon books to score extra savings. Sometimes they re available for free at the customer service desk. But often, visitors must pay Prime Outlets charges $7 for its coupon books, while Tanger s are $5. And though the books generally provide a mix of store discounts and free gifts with …
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Outlet stores date back more than a century, to when factories offered discounts on excess and damaged shoes and clothing to employees and later to the public, too.
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Online outlets are one of the few growth opportunities available to retailers as shoppers cut back spending, says Howard Davidowitz, the chairman of Davidowitz Associates, a national retail consulting firm and investment bank based in New York. Bargain hunters are visiting outlet malls in droves and hunting for sales online, so combining the two makes …
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Menswear manufacturer Anderson Little opened one of the first off site outlets in New Bedford, Mass., in 1950, and multistore centers appeared in the 1970s. In the following two decades, outlet malls took off, due to rising middle class demand for branded apparel, says David Soberman, a University of Toronto marketing professor.
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Many Americans are passionate about the outlet shopping experience itself, regardless of the shops within a center. If I am going on a trip and I go past an outlet mall, I will make time in my schedule to stop there, says Karen Markey, a professor who lives near Detroit and no longer frequents regular …
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One way outlet developers ensure that their stores actually sell goods at a discount is through discounting requirements specified in the leases their retail tenants must sign. According to Doug Fleener, the president of retail consulting company Dynamic Experiences Group, retail leases at outlet malls often require that 90% of a store s goods be …
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Like their mainstream counterparts, outlet stores offer sales near holidays and toward the end of seasons, Arroz says. Check the web sites for the outlet store itself and the outlet mall for extra discounts. Outlet mall developer Chelsea Premium Outlets offers a free VIP Club with in mall coupon booklets, exclusive online coupons and sale …