Who owns paragon outlets

But there are few answers. Kelvin Antill , a former development partner with Paragon, said last week the company shut down in late November, but declined to answer further questions. In an email, county spokeswoman Fronda Cohen said, "All is status quo. Paragon Outlet Partners' parent company, New York-based Lightstone Group, did not return repeated calls and emails to discuss the company.

Value Retail News, an outlet industry publication by the International Council of Shopping Centers, reported in its State of the Industry report that 41 retail outlet centers opened between and for a total of 15 million square feet. Data from the International Council of Shopping Centers showed there were just three outlet centers that opened last year.

Over the past three years, that figure is 24 across the U. Seven outlet centers are slated to open in , according to ICSC. Overall, there has been a downsizing of outlet centers from to a total of over the past 45 years, Value Retail News said, a drop blamed on the centers' inability to maintain a 50 percent rate of tenant leasing.

But those stores and several others have been on a conservative bent, cutting back on expanding their outlet offerings or refusing to commit to long-term leases. Millman said Paragon employees had planned to lease booth space at a Dec.

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Many manufacturers make goods for us off price - the same goods as regular stores but maybe last season's style recut for us. Bloomingdale's was "late to the game" of outlet shopping, with its first outlet in August Livermore will be its 12th outlet and first on the West Coast. Companies' growth is mainly online or outlets. That's led to some concern that high-end retailers may dilute their brands with discounts.

Orlick said that wasn't an issue for Bloomingdale's. They have not cannibalized our business," he said. Carolyn Said is a San Francisco Chronicle staff writer.