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Published Tuesday, January 01, 2008

In an industry that has been flooded with an avalanche of bad news in the past 12 months, including sales declines, store closings and stalled or scrapped projects, the outlet center sector has proven to be one of the few bright spots. For most of the U.S. retail universe, the Black Friday weekend of 2008 turned out to be a disappointment. During the three days starting Nov. 28, foot traffic at all U.S. retail establishments fell 19.3 percent compared to the same period in 2007, according to ShopperTrak, a Chicago-based provider of shopper traffic counting information. During that ...

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