Outlet malls in USA
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Are
Outlet malls a Scam
Outlet Stores losing their Appeal
The Scam Appeal of Outlet Malls
About 55 million Americans shop in at least one of the nation's roughly three hundred outlet centers every year. Stretched over five years, that number adds up to nearly every man, woman, and child in the country. Even more astonishing is the number of miles chalked up in this annual pilgrimage. The total distance that Americans travel to outlet malls each year equals 440,000 circumnavigations of the globe. If that number seems a little abstract, consider this: The distance to the moon is roughly equal to 10 trips around the globe. That is, we make 44,000 moon launches' worth of outlet visits each year.
People travel celestial distances to outlet malls because until recently outlet malls were located celestial distances from people. On the surface this makes no sense; full-price "regional" malls are always situated with regard to demographics gauging the buying power and density of surrounding communities. And as a rule investors won't put money into malls without the requisite "threshold population densities" that all but ensure sales. Nor will builders build them. But outlet malls are different. Resolute in their remoteness, they stand secure that, like Muhammad and the mountain, the customers will come to them. Freed from the need to offer convenience, outlet malls are plopped down with what appears to be wild abandon. Of course that is an illusion: They are almost always located off a busy byway and, whenever possible, between two or more population centers. Generally this is a long drive from any particular population center -- 25 to 100 miles outside the metropolitan shadows, where real estate is cheap and the tax incentives sweet. In fact, until recently manufacturers preferred and sometimes even required outlet malls to locate far enough away from their department store rivals to avoid angering full-price retailers.
In the case of Village West the scam is to the Taxpayers who paid full price for a upscale Mall and got a cheap knock-off in a Outlet Mall. Scam master is the City Politicians who spent taxpayers $ Billions dispite their complaints. The only people who made money from this development was City Bond agents, Bankers and the kick back of funds to City politicians and Executives.
Justice has been served the City of KCK under the Unified Government of Kansas City, Kansas has gone broke and taxpayers have refussed to pay the debt of Star Bonds used to finance Village West.
Click to see "The Village
West Plot"