Value Retail and the rise of destination shopping

01/10/2013 | Women's Wear Daily (subscription required)

Value Retail's luxury outlet villages in nine European cities are more akin to tourist destinations than malls, says CEO Scott Malkin. "If retail is detail, experiential retail is 10 times that. And with the Internet eating into store-based and physical experiences, we’re all moving toward focused, clustered, targeted and intensely delivered ‘experiences.'"

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