Phoenix LXIV: Will You Still Need Me, Will You Still Read Me, on Thread LXIV?
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11-13-2012, 05:04 PM
Join Date: Feb 2012
Originally Posted by
Why doesn't Tanger just buy the Yotes then, problem solved!
Oh, wait sorry, batteries died in sarcasm detector....
I must say I'm rather impressed at the Tanger situation, I would say that putting 80 plus stores in an area where there hasn't been a whole lot of success, in the midst of some very trying economic times-either they know something we don't, or they're taking a HUGE gamble that will either make them like geniuses or like......not geniuses.....
Outlet malls are a different animal. They are a draw onto themselves. All they need is cheap land and easy access and they're good to go. People literally turn outlet mall shopping into a day trip by itself. The one thing is for the other stores at Westgate the outlet mall may take away business. Not for the bars and restaurants, but would you go to a FootLocker and pay full price for a pair of sneakers if there is a Reebok/Nike outlet right next door, assuming you aren't one of those that is willing to pay a premium for the latest top of the line stuff
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