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The first Sunglass Hut store opened in 1971 when optometrist Sanford L. Ziff set up in a freestanding kiosk in Miami's Dadeland Mall. The success of this kiosk prompted Ziff to open other Sunglass Hut locations in Miami, and by 1986, Ziff had opened approximately 100 Sunglass Hut outlets, achieving sales of $24 million a year. [4] [5]
Prizm Outlets, formerly the Fashion Outlets of Las Vegas, is a 371,000-square-foot (34,500 m 2) outlet shopping center in Primm, Nevada, located just off Interstate 15 at the California state line, approximately 40 miles (64 km) southwest of Las Vegas. It is owned by Rialto Capital Management, on land leased from the Primm family.
Las Vegas Premium Outlets North is an outlet mall located on 40 acres (16 ha) in downtown Las Vegas, north of the Las Vegas Strip. It is an outdoor mall with 685,000-square-foot (63,600 m 2 ). It is owned and managed by Simon Property Group , and is part of Simon's Premium Outlets chain.
Outlet stores sell Sears merchandise at discount. [13] Outlet stores are approximately 18,000 square feet and equipped with items such as home appliances, lawn and garden equipment, apparel, mattresses, sporting goods and tools. [3] Outlet stores sell discontinued, used, cosmetically blemished or reconditioned merchandise with new parts. [3] [14]
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
Aside from anchors, the mall had 130 tenant spaces, and opened with 87 stores. [14] Diamond's was converted to a Dillard's store in 1984. [47] The first Bullock's Woman store opened at Fashion Show Mall in 1987. [48] Goldwater's became a May Company store in 1989 and then a Robinsons-May in 1993, while Bullock's was converted to a Macy's in ...