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In 1974, Vanity Fair opened up the first multi-store outlet heart in Reading, Pennsylvania Throughout the Nineteen Eighties and Nineteen Nineties, outlet malls grew quickly in the United States. A typical outlet mall within the U.S. is opened with between one hundred,000 to 200,000 square ft (about 1 to 2 hectares) of retail area. This can regularly improve to 500,000 to 600,000 ft (round 5 hectares). The common outlet mall has an space of 216,000 feet. 1 In 2003, outlet malls in the U.S. generated $15 billion in revenue from 260 stores.
While shopping online is …