I see a major change in factory coach outlet

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I see a major change in factory coach outlet

Post  whojdain on Fri 08 Jun 2012, 9:32 pm

I see a major change in factory outlet centers. Many of these off-price shopping centers throughout the United States, which are popular with bargain hunting shoppers, now have stores that sell the same merchandise sold in regional malls or Main Street. This marks a change in strategy for shopping center operators like Taubman Centers, Tanger Factory Outlet Centers and Simon Group. During the recent downturn in business, it was outlet centers that continued to see good customer traffic.
Manufacturers and retailers have taken advantage of the customer acceptance and strong traffic in off-price malls by making their products available. Saks 5th Avenue’s Off Fifth store focuses on designer clothing. It sells about 10% marked down fashion merchandise from full line stores, 25% is private label and the rest is specially bought merchandise at regular prices. Carter’s, the children’s clothing manufacturer, sells its products in all locations at the same price, and The Loft, which was originally only in off-price centers, is today Ann Taylor’s main calling card throughout the United States.
Outlet stores of Polo Ralph Lauren, Coach, Nordstrom , Neiman Marcus’ Last Call as well as Off Fifth have been refurbished and glamorized, giving a quality luster to their stores and greater appeal to the centers. The presence of these quality name stores in outlet malls is key to the success of the centers.
The most famous of the outlet malls is Premium Outlet’s Woodbury Commons that has 220 different stores. Located in Central Valley, New York (exit 16 on the New York Thruway) it is far away from regular priced stores. It is a destination mall for foreign visitors who come for bargain shopping of famous labels. The strengthening dollar will hurt sales in stores that appeal to visitors from around the globe.
Today there are 189 outlet centers in the United States. In the future we should call these off-price shopping centers “Value Centers.” Their low-price appeal is quite distinct from the traditional regional shopping malls and the life-style centers whose focus is to have more restaurants than shops.
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