Retailers


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19 May 2019
NYC's First Outlet Mall Opens in Staten Island

With a whopping $450-million price tag the Staten Island outlet promises discounts and attractions that will make the 25 minute ferry trip worthwhile.

In a city obsessed with bargains and sample sales it seems rather obvious the need for an outlet.

While developers are adamant they are not looking to be the "Shops at Hudson Yards" it is rather obvious that they are trying to create a retail playground, not just a shopping outlet.

There will be many reasons besides shopping for tourists and New Yorkers alike to schlep to the 340,000 square-foot mall. "Instagrammable ferry voyages", jazz bands, petting zoos and fashion shows add up to the excitement of a bargain hunting experience.

The stores already open are: Banana Republic Factory Store, Guess Factory Store, Samsonite, Lids, Walgreens, Brooks Brothers Factory Store, Columbia Factory Store, Old Navy, Gap Factory Store; H&M, Jockey, Nike Factory Store, Starbucks

Before the end of the summer expect the following stores to open their doors: Levi’s, True Religion, Converse, Dennis Bass, iOptics, U.S. Polo Assn,Royal Jewelers, Crocs, American Eagle Outfitters, Aerie, Broome & Greene, Samsonite, True Religion, Lucky Brand, Parfum Europa, Verizon Wireless and GNC.

Read the full article here (paywall) on TheBusinessOfFashion



Posted by Staff Writer at 02:34 AM
A SHOPPING , News: Fashion, Beauty and Retail , Shopping News |


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12 April 2019

Retailers are concerned about the customers’ dependency on sales. What started circa 2008 during the last recession as a temporary measure to cut excess inventories has become the status quo. Several articles, and more recently 'Live Event Debrief: How to Get Your Customers to Pay Full Price, have outlined problems related to this practice. Narrowing profit margins and brand erosion are some of the most important ones. Retailers are ready to overcome the addiction and seem to have a clear plan to do it. The question remains how customers will respond to it. Read the full article here (paywall) on TheBusinessOfFashion



Posted by Staff Writer at 09:59 AM
News: Fashion, Beauty and Retail |

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