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Outlet Stores: Not the Magic Bullet Retailers Thought Theyd Be?
2014-08-07 17:03:00| National Real Estate Investor
When outlet center popularity began to gain momentum a few years back, a lot of retailers jumped on the bandwagon with a healthy dose of enthusiasm. In post-recession U.S., middle-class consumers may have been reluctant to spend hundreds or thousands of dollars on luxury apparel and accessories, but outlet stores would help upscale retailers cope by driving shopper traffic with more affordable options. Coach was among those who joined the outlet craze, along with brands ranging from Dolce & Gabbana and Carolina Herrera to Nordstrom and Saks Fifth Avenue. Content Classification: Curated read more
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Category:Real Estate