#Latest news with #upscaleTimes11-05-2025BusinessTimesBicester Village at 30: what's the secret to its success?When Scott Malkin first arrived in Bicester in 1991 it was a one-horse town. 'I came to take a look at a piece of land just off the M40. All I could see when I got there was a forlorn-looking mare wandering around fields that were filled with debris,' he recalls. But Malkin liked what he saw and bought the land for £15 million. What the boss of Value Retail did next changed shopping for ever. He created the world's first upscale discount-fashion shopping centre: Bicester Village. 'Nobody in Britain thought it would work,' he says with a laugh. Back then outlet malls were cheap and not-so-cheerful jumble sales of 'factory shops' with a naff food court. How wrong the critics were. Bicester Village,
Times11-05-2025BusinessTimesBicester Village at 30: what's the secret to its success?When Scott Malkin first arrived in Bicester in 1991 it was a one-horse town. 'I came to take a look at a piece of land just off the M40. All I could see when I got there was a forlorn-looking mare wandering around fields that were filled with debris,' he recalls. But Malkin liked what he saw and bought the land for £15 million. What the boss of Value Retail did next changed shopping for ever. He created the world's first upscale discount-fashion shopping centre: Bicester Village. 'Nobody in Britain thought it would work,' he says with a laugh. Back then outlet malls were cheap and not-so-cheerful jumble sales of 'factory shops' with a naff food court. How wrong the critics were. Bicester Village,
11-05-2025
