Joel Groover/Shopping Centers Today—Minutes after the July ribbon-cutting for The Outlet Shoppes at Atlanta, Barbara Moore stood before the store directory, grinning at the sight of a 99-brand lineup brimming with the likes of Kate Spade, Saks Fifth Avenue Off 5th and Talbots. “I live in western North Carolina and drove a little over a hundred miles to come down for this opening,” the shopper said. “This is so important to us, because we don’t have stores like this where we live. Even though I do a lot of online shopping, I like to come and see for myself and get the look and feel.”
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What not to wear when you shop
Quentin Fottrell/MarketWatch—When trying to land a job, most experts say one should look their best. When trying to land a deal, however, experts say it sometimes pays to look like a schlub. Just ask Oprah Winfrey. Asked why a sales clerk at the Trois Pommes boutique in Zurich declined to show her a $38,000 Tom […]
Hudson’s Bay’s Saks Buy More About RE or Retailing?
Scott Baltic/Commercial Property Executive—When it raised the possibility of creating a REIT, assuming its proposed $2.9 billion merger with Saks Inc. goes through, Hudson’s Bay Co. also raised the question of whether the acquisition is more about the retailing or more about the real estate. In HBC’s investors conference call on Monday, chairman and CEO […]