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Outlet Village Belaya Dacha

About outlet village belaya dacha.

Outlet Village Belaya Dacha, in Kotelniki, Moscow, is the first outlet mall in Russia. It's tenants include a number of  major international retailers.

The outlet village also features restaurants, cafés, an outdoor playground for kids, leisure areas, and an outdoor food market area.

The outlet village includes 2,500 parking spaces as well as public transportation links.

• 8 Novoryazanskoye Highway, Moscow, Russia
• Located southeast of Moscow, in the town of Kotelniki

Building Details

• 366,500 square feet
• Named Best Outlet by Commercial Real Estate (CRE) Moscow.
• Best Outlet Center at the 2016 MAPIC Awards
• Best Outlet Center (2021 MAPIC)
• CRE Award "Green Project in Retail" (2022)

Sustainability

• BREEAM In-Use Excellent 2018

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Best Shopping in Moscow

By Chris Boyle

Shopping in Moscow is as varied and vibrant as in any other world capital, so forget any preconceptions you may have of bleak Soviet stores and long queues.

Moscow’s billionaires need places to spend their cash so the streets are packed with world-famous labels and designer boutiques. Some of the most exclusive areas include Tverskaya Street (including Kuznetsky Most, Stoleshnikov Lane and Tverskoy Boulevard), Petrovka Street and Kutuzovsky Prospect, where you’ll find a mixture of international brands and Russian designers.

One of the largest department stores in the world, GUM is as much an architectural marvel as a shopping center.

The name derives from an abbreviation of the Russian word for Main Universal Store, and GUM was once home to 1,200 shops, before it became nationalized after the 1917 revolution. Used as the headquarters for Stalin’s Five Year Plan, GUM was privatized after the fall of the Soviet Union and now features a large number of international brand outlets. But the pleasure in shopping at GUM comes from the grandeur of the building itself; its façade along Red Square is an impressive 794 feet and it has a glass ceiling designed by acclaimed architect Vladimir Shukhov.

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+7 495 788 4343

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3 Red Square, Moscow

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Barvikha luxury village.

Located in the affluent area of Barvikha – to the west of Moscow – Barvikha Luxury Village is a high-end shopping center nestled among pine trees.

The idea behind the village was to create a shopping area that reflects the beautiful surrounding Russian countryside through the use of natural materials. Visitors will find some of the finest brands in the world, such as Bottega Veneta, Balenciaga, Chloe, Marni, Brioni, Kiton, Ermenegildo Zegna and Loro Piana, and even Harley Davidson and Ferrari outlets. Barvikha is also host to the famous Barvikha Sanatorium, a well-equipped medical center that has treated several Russian leaders.

+7 495 225 8880

[email protected]

Odintsovsky District, Moscow 143082

www.barvikhahotel.com

CARA&CO

A concept store to rival Colette in Paris or 10 Corso Como in Milan, Cara&Co brings high-end fashion to Moscow, but with a difference.

Created with the idea of showcasing intellectual fashion, Cara&Co is a shop for people who are serious about clothes. Using the moto, ‘No Logos, Fashion Only’ Cara&Co features unique pieces of intricately designed clothing for those who are prepared to spend. Voted one of the top ten stores in the world in 2008 by the UK’s Observer newspaper, the shop also features a book zone, a vintage area and the Break zone, where customers can take time out from flexing their plastic and view the art and photography on show.

Julia Teplaya, PR Manager

+7 495 223 4111

[email protected]

4th Syromyatnicheskii per, h. 1, bld. 9, Moscow

www.caraandco.com

DENIS SIMACHEV

A shop and restaurant by day, a bar and disco by night, Denis Simachev is a unique destination store located in Stoleshinkov Perulok – the most luxurious street in Moscow.

The restaurant features booths designed as toilet stalls, and this eccentricity continues with the designs in the shop. Simachev has earned a reputation for his innovative, bizarre and often comical designs, which include classical Russian military uniform imitations and former president Vladimir Putin’s head surrounded by roses. A firm favorite with Russia’s social elite looking for eye-catching pieces to define their individuality.

+7 495 629 5702

[email protected]

12 bldg 2, Stoleshnikov pereulok, Moscow 103031

www.denissimachev.com

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Best Shopping Malls in Moscow

Local recommendations from our my guide moscow team.

Feeling like shopping in Moscow? The many shopping centres and malls will keep you busy for hours if not days. These shopping areas have everything from the latest fashion boutiques to fine restaurants.

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The Best Shopping Malls in Moscow

Nestled within one of the globe’s most opulent metropolises, Moscow’s shopping scene paints a diverse canvas that caters to every shopper’s desire. From extravagant luxury labels to trendy high-street fashion, this Russian capital is a treasure trove where shopping transcends budgets. Amid the city’s labyrinthine streets, shopping centers emerge as attractions in their own right, offering an experience that goes beyond retail therapy. Join us as we explore seven illustrious shopping malls that satiate your appetite for both indulgence and retail delights in the heart of Moscow.

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Russia’s main department store, the Moscow GUM is an ultimate architectural stunner, housing a variety of high-end boutiques. Built between 1890 and 1893 and known as the Upper Trading Rows until 1920, the legendary store is now home to over 200 boutiques selling a variety of brands: from luxury Dior to affordable Zara. Even if luxury shopping is not on your to-do list, the Moscow GUM is still worth a visit – the glass-roofed arcade faces Red Square, offers a variety of tasty Soviet-style eateries and makes a fantastic view in the dark.

Beautifully located in the historic centre of Moscow, the TSUM Department Store is mere steps from the city’s important tourist attractions, including Red Square. Built in 1908, the Gothic style store sells over 1000 famous brands, including Alexander McQueen, Lanvin and Carolina Herrera. Much like its cousin GUM, the TSUM Department Store is known for its luxury boutiques, stunning architecture and great eateries.

Okhotny Ryad

Okhotny Ryad Shopping centre is yet another shopping mall in the proximity of Red Square, which unlike GUM and TSUM offers a more down-to-earth price tag. One of the largest shopping centres in Moscow, this underground arcade is home to over 160 brands of apparel, footwear, jewelry, makeup and perfumes. Okhotny Ryad is also known for its great food court, where most tourists come to stop by, once they’ve done a tour of the Kremlin .

Tsvetnoy Central Market

A pure hipster heaven, the Tsvetnoy Central Market, or simply Tsvetnoy is seven floors of shopping, eating and fun. From the high street ground floor to the deluxe boutiques on the fifth, Tsvetnoy sells brands for every taste and budget, including Walk of Shame, American Apparel, All Saints, and Vivienne Westwood. Awarded by multiple design accolades, the beautiful shopping mall is also home to many great pop-up shops, Moscow’s biggest Rive Gauche store and the best indoor farmer’s market in the city.

AFIMALL City

Somewhat farther from the city centre, AFIMALL City is a dramatically less crowded and very impressive shopping mall right in the heart of Moscow City Business District. Praised for its innovative design, the store comprises five levels of retail space with over 400 shops, 50 restaurants and cafés and an IMAX cinema. Built for adults and children alike, AFIMALL City is a must if you plan on visiting Moscow City Business District.

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Metropolis Shopping Centre

Metropolis is where you should go for high-street retail if you don’t feel like traveling too far from the city centre. Home to boutiques like Zara, Marks & Spencer, H&M, New Yorker, GAP and River Island, Metropolis also houses a huge supermarket, bowling alley, swimming pool and a cinema.

Aviapark Shopping Centre

Of all the malls on the list, Aviapark takes the most time to get to, but Europe’s biggest mall is definitely worth the free shuttle bus ride. With over 500 stores, 80 eateries and a 17-screen cinema, all spread across the equivalent of 36 football pitches, Aviapark is officially the most popular shopping mall in Moscow. However, the major draw of the glass-roofed shopping centre is the 24-meter-tall pillar aquarium, filled with tropical fish.

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Russia Outlet Stores

• OPPORTUNITIES

Moscow’s first world class luxury outlet mall, a major statement for Russia’s luxury market potential

The Outlet Moscow has been developed by TTMG International and headed by CEO Louis Trudel . The outlet mall covers 38.000 sqm and includes mono-brand stores of prestigious international luxury brands: Prada , Gucci , Brunello Cucinelli , Coach , Michael Kors, Agent Provocateur, Vilebrequin etc.

What motivated you to consider developing a luxury outlet shopping mall in Moscow?

Moscow is one of the world’s key metropolises.   According to Deloitte, 70% of the Russian luxury market is concentrated here. Russians love shopping, especially whilst on vacation in international outlets. Today, the capital of Russia has many boutiques and shopping malls comparable to, if not better than most international cities, but there has always been a gap in the luxury outlet sector. Russia has a very specific customs system and until today most luxury brands exported their unsold goods out of Russia at a very high cost, as there was no suitable outlet for those goods. This created an opportunity for a development in the sector, which we identified 4 years ago. We worked directly with all the luxury groups locally to ensure that we delivered a project that meets their high standards and expectations.

How important was the execution of the project at the highest international standards?

The luxury market sets the highest standards and of course we have implemented them in our project. Without delivering a high quality project, the brands would not have been willing to be a part of this endeavor. This is why other projects currently operating in the Russian market have not been able to attract the luxury brands, as they don’t meet those standards. Not only are the brands themselves demanding, but our Russian customers are very educated and well-travelled and expect the same level of luxury and service when they shop locally. We believe that our project exceeds most of the European competitors in the level of standards we have achieved.

Tell us more about the profile of the consumer target? What about the perception of outlet luxury branded goods?

The Profile of our consumers are very different: from families and housewives to fashionistas and businessmen. Our main target is Muscovites and tourists from the far Russian regions. We are ready to work with international consumers such as Chinese who are an important part of the tourist market for Russia and we will do so once restrictions due to COVID-19 are lifted.   Considering the general trend towards reasonable consumption, including in the luxury sector, more and more Russians are paying attention to quality and price. Our project has become a logical response to the modern demands of Russian consumers.

How did you choose the mix of brands? Why mono-brand?

We have over 20 years of expertise in luxury retail and our strong relationships with the brands gave us a clear understanding of how to position the brand mix. We want our customers to have an identical shopping experience to a regular luxury boutique and to give them the same level of service and experience. This is done through the various services we offer, the general atmosphere of the mall and the high level of finishing of the stores. Mono-brands allow us to offer a shopping experience identical to a full price store and enables the brands to offer the same level of service and brand awareness.

Do you see potential of expanding towards other Russian cities? What about the CIS?

Russian Tourism within the country has been steadily growing over the years and I think that we are now seeing numbers of tourists in certain regions of Russia that are sufficient to look at potential future projects. Russia is a very big tourist destination for CIS countries, so we are already servicing this market when they travel here, but we are always looking at opportunities. 

There have been many attempts to develop a similar project in Easter European markets with a solid consumption of luxury goods? – Serbia, Romania, Bulgaria

Demand creates supply. Today, the demand for luxury goods is very low in these countries. Footfall is also an important factor and I don’t think these countries can generate enough footfall. Moscow and its surrounding suburban area is a city of roughly 20 million people, and you need to have this type of density, or be able to generate it via tourism.

In recent years, Russian HNWI were already shopping for luxury more locally. How will your project go along?

In general, based on information we have obtained from our research 60 to 90% of outlet customers are new customers that do not shop in full price stores. This is broadening the customer base for the luxury brands and gives access to a future full price customer. The trend in Russia which started a few years ago is for more and more of Russians to shop locally. This is due to a smaller price differences between Europe and Russia (on average 10 to 15%), and this logic also applies to our luxury outlet. The travel restrictions due to Covid-19 has accelerated this trend even further.

Which are the differences between major luxury outlet centers in Italy and Spain, compared to your project?

The main difference is that most luxury outlet centers in Europe are extremely dependent on tourism with Russians making a good percentage of that tourism. We of course are targeting tourists, but our main client base is local and our business model is based on local consumption. Starting next January, Russia will operate a simplified tourist visa program. It will allow the increase of tourist flow to Russia by an average of 20-40%. In 2021 we expect a large influx of foreign tourists who will have the opportunity to appreciate this wonderful country and Moscow itself, which is filled with rich history and wonderful architecture. The project is also completely different Architecturally from a typical outlet mall. Today the architecture and the environment needs to reflect the same image as its luxury tenants. This requires a larger investment for the development but in the long terms pays off.

What is your strategic approach to marketing?

We make extensive use of classic marketing, digital marketing and are actively developing our own community of influencers. Luxury brands are still very sensitive on how to market their brands, but we work closely with them to ensure we respect their marketing policies. To be honest this is the first time that these luxury brands are available in an outlet format in Russia so there has been a huge buzz and anticipation for the opening of the project.

The Outlet Moscow – luxury outlet (Brunello Cucinelli)

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14 Best Places For Shopping In Moscow

Here’s a list of 14 places for shopping in Moscow city which you must include in your bucket list. Take a look and note them down for your next Holiday to Moscow!

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Located in the Red Square’s eastern side, the GUM is the most famous department stores and shopping malls in Moscow. Due to its 19th century architectural style, it looks like a royal palace and indeed offers an experience that’s no less than royalty-like. With brands like Dolce & Gabbana, Valentino, Saint Laurent, Jimmy Choo, Emilio Pucci, and more, you’d surely end up having the most classic shopping experience in Russia.

Timings: 10 AM to 10 PM on all the days Location: Red Square, 3, Moskva, Russia What To Buy : Apparels

Must Read: Russia Circle Trip: 20 Places To Visit In Moscow And St. Petersburg

2. Arbat Street

Situated in the historical centre of the city, this is the best Moscow shopping street . From classy souvenirs to innumerable elegant stores, you’d end up finding a lot that you didn’t even want to buy in the first place. But, we can vouch that there wouldn’t be any regrets since the Arbat Street is the oldest and most popular place for cheap shopping in Moscow .

Timings: 10:00 AM to 9:00 PM Location: Arbat Ulitsa | Arbatskaya Metro, Moscow, Russia What To Buy : Antique items and souvenirs

For shopping in Russia, Moscow is indeed the best place to be and TsUM proves that well. Situated on Petrovka Street, this high-end mall can be reached on foot from most of the popular tourist attractions like Red Square and the History Museum. It is home to around 1,000 brands of clothing, footwear, accessories, and cosmetics. So, if you’re on a shopping spree and wish to give your wardrobe a makeover, this is the place where you need to stop by.

Timings: 10:00 AM to 10:00 PM from Monday to Friday, and 11:00 AM to 10:00 PM on every Sunday Location: Petrovka Ulitsa, 2, Moskva, Russia What To Buy : Apparels, accessories and cosmetics

4. Izmailovo Market

Located near the Partizanskaya metro station, this craft, flea, art & antiquity market is undoubtedly the best place to buy Moscow souvenirs and Russian handicrafts. Classic paintings, icons, handmade items, books, fashion wear, bags, and furniture are some of the things that you can buy here. Also, if you wish to shop more and spend less, visit here between 10 to 3.

Timings: 10:00 AM to 8:00 PM from Monday to Friday, and 10:00 AM to 6:00 PM on Wednesday, Saturday & Sunday Location: 2, Moskva, Russia What To Buy : Handicrafts and paintings

5. Kuznetsky Most

Famous for its boutiques and bookstores, Kuznetsky Most is indeed a famous shopping street in the city. From German fashion to French styles, you can find the best of everything chic here. Trendy accessories, top-notch fragrances, and elegant apparel are some of the things to look forward to if you’re visiting this popular place.

Timings: 10:00 AM to 10:00 PM on all the days Location: Ulitsa Kuznetskiy Most, Moskva, Russia What To Buy : Fragrances and apparels

Suggested Read: Museums In Moscow: 10 Places In Moscow That Are A Reminder Of Russia’s Glorious Past

6. Aviapark

Located in the northern part of the city in the Sokol district, Aviapark Mall is one of the newly opened shops in Moscow . It has gained popularity for being the biggest mall in Europe till now and we bet you won’t be disappointed once you’re here. With innumerable high-end brands under one roof, top-notch restaurants, and cinemas, it makes for the perfect place to pamper or treat yourself.

Timings: 10:00 AM to 10:00 PM on all the days Location: Khodynskiy Bul’var, 4, Moskva, Russia What To Buy : Shoes, clothes, bags

Suggested Read: 10 Places To Visit In Russia To Witness The Beauty Of This Incredible Nation

7. Okhotny Ryad

Okhotny Ryad is yet another popular shopping mall in Moscow , but the largest. It has innumerable brands where you would easily find everything you’d be looking for. You can go around and shop everything that you desire until you find yourself in the need for a relaxing break. And when you do, just visit this mall’s food court which will pamper the foodie in you equally.

Timings: 10:00 AM to 10:00 PM on all the days Location: Manege Square, 1, Moscow What To Buy : Bags, shoes, clothes

8. Flacon Design Factory

Once known as a perfume factory, Falcon is now an amazing place that houses high-end clothing stores, trendy local shops, classic restaurants, entertaining fairs, and more. With so much to do and see, ‘what to do in Moscow’ would never be your concern if you are spending a day at Falcon. This place is not only a great place to shop, but indeed an impeccable spot to catch a glimpse of the Russian culture & lifestyle.

Timings: Open for 24 hours Location: Bol’shaya Novodmitrovskaya Ulitsa, 36, Moskva, Russia What To Buy : Gift items

Suggested Read: The Glass Beach In Russia Turns Empty Beer Bottles Into A Stunning Kaleidoscope Of Colourful Pebbles!

9. Gorbushka Market

Home to a countless number of stores and stalls selling all kinds of electronics, Gorbushka in Moscow is the place to visit if you’re looking for anything like gadgets, home appliances, or cheap DVDs. While there is no significant difference in the prices, the variety is endless. Also, the CDs or DVDs sold here are mostly pirated, so be careful about buying them or carrying them out of the country as it is illegal.

Timings: 10:00 AM to 9:00 PM on all the days Location: Ulitsa Barklaya, 8, Moskva, Russia What To Buy : Electrical appliances and gadgets

10. Tverskaya

Tverskaya is amongst the most famous Moscow shopping streets where you can find everything from a gem on the street to a jewel in a store. This radial road is a mecca for Shopaholics and there is no reason why you should not visit this place. With hundreds of luxury stores and mid-range shops, you’d surely end up with a lot of bags in your hand and gleam in your eyes.

Timings: 10:00 AM to 10:00 PM on all the days Location: Tverskaya ulitsa, Moscow, Russia What To Buy : Jewelry

Suggested Read: A Freak Portable Charger Explosion On Flight Caused An Evacuation In Russia

11. Artplay Design And Architecture Centre

Earlier, this center was a factory which is now converted into an art and culture center. It comprises a diverse range of shops, bars, galleries, cafes, music clubs, a cinema, and book shops among others. If you are deciding to explore Moscow then you must visit this center as it houses several decor items and gift items.

Timings : 9:00 AM to 10:00 PM Location : Nizhnyaya Syromyatnicheskaya St., 10, Moscow 105120, Russia What To Buy : Gift items, home decor items and local art

12. Vintage Voyage

Located at the heart of the town, Vintage Voyage offers some of the most charming clothes. The pieces are not produced in bulk, instead, you will find handmade masterpieces ranging from traditional to contemporary. Due to its high-quality clothes and brand recognition among people, Vintage Voyage is one of the top places for clothes shopping in Russia.

Timings : 12:00 AM to 9:30 PM Location : Kuznetskiy Most st., 9/10, Moscow, Russia What To Buy : Clothes

Suggested Read: Villas In Moscow: 7 Places That Offer Unparalleled Luxury In The Heart Of Russia

13. Central Children’s Store

If you are visiting Moscow with your family, then the Central Children’s Store is the place to do all the shopping for your kids. It is not famous for shopping but also as an educational arena and entertainment for children. It was inaugurated in 1957 and has been recently renovated.

Timings : 10:00 AM to 10:00 PM Location : Teatralny Drive, 5/1, Moscow 109012, Russia What To Buy : Toys for children

14. European Mall

Located just beside the Kievskaya metro station, the European Mall has eight floors and offers luxury shopping in Moscow. You can easily locate different brands like Zara, Mango, Promod, and many more. Apart from clothes, the mall also provides home decor items, jewelry, kitchenware, and furniture. After a hectic day of shopping, you might want to savor some food at the traditional cafes.

Timings : 10:00 AM to 10:00 PM Location : Kiyevsky Station Square, 2, Moskva, Russia, 121059 What To Buy : Clothes, shoes and bags

Suggested Read: 7 Theme Parks In Moscow To Make Your Trip To The City Worth Cherishing

Most Exclusive Things To Buy In Russia

While Russia houses almost every high-end brand or an exquisite new store, it also offers some pretty unique things, especially for tourists to take home as souvenirs. Some of these exclusive things that you must buy while shopping in Moscow, Russia are imperial porcelains, Russian shawls, gzhel ceramics, palekh miniatures, Faberge replicas, Russian chocolate, and space food. Since these things are definitely items you wouldn’t find anywhere else, make sure you pick them first!

Suggested Read: Starting Next Year, You Could Walk Through Space, And Here’s How!

Tips For Shopping In Moscow

• While buying historical artwork and artifacts, make sure you check with the seller how old is the item and get a certificate as a Russian law prohibits the export of such items.
• During shopping in Russia, you may definitely want to splurge on high-end brands. But don’t forget to buy the unique gems in the country like the space food, Faberge replicas, imperial porcelains, and more.
• Bargaining is not something that you can do at every place in Moscow. So make sure to look around for any ‘Prices are fixed’ signs before you try and make a bargain.
• Try to learn some important Russian words that help you while you’re shopping in the malls or the famous markets.
• Don’t forget to take a look at the duty-free allowance before you make your purchases.
• Check the weather and wear comfortable clothes before you head for street shopping.

Further Read: Moscow In Winter: 10 Things To Do In The City That Holds To The Key To Russia’s Past

So, the next time you’re planning a vacation to Russia or are looking for the best places across the world to fulfil your shopping desires, make sure you count Moscow in it. Also, don’t forget to carry this Moscow shopping guide with you for having the most impeccable experience!

Disclaimer: TravelTriangle claims no credit for images featured on our blog site unless otherwise noted. All visual content is copyrighted to its respectful owners. We try to link back to original sources whenever possible. If you own the rights to any of the images, and do not wish them to appear on TravelTriangle, please contact us and they will be promptly removed. We believe in providing proper attribution to the original author, artist or photographer.

Please Note: Any information published by TravelTriangle in any form of content is not intended to be a substitute for any kind of medical advice, and one must not take any action before consulting a professional medical expert of their own choice.

Frequently Asked Questions About Shopping In Moscow

What are the best things to shop in Moscow?

Moscow will present you with some of the best shopping options such as trendy accessories, top-notch fragrances, gadgets, home appliances, clothes, luxury shopping with brands like Promod, Zara, Mango, etc, Moscow souvenirs and Russian handicrafts.

What are the best places to shop from in Moscow?

You will find some of the best places to shop from in Moscow as this is the place that is every shopaholic’s dream come to life. You will get plenty of options such as Okhotny Ryad, Flacon Design Factory, Arbert Street, Kuznetsky Most, Aviapark Mall, Gorbushka Market, GUM, TsUM, Izmailovo Market, etc.

What are the best things to take for friends and family from Moscow?

You can pack some Moscow souvenirs and Russian handicrafts for your friends and family back home. This way you will be taking a little bit of Moscow with you back home to your loved ones!

What is the best time to visit Moscow?

The best time to visit Moscow is from the month of April to May, this is the time when the temperature is between 50-60 degrees. The sun is at its brightest best and you get to see the true Russia through your eyes. But make sure that you book your hotel in advance if you are planning a summer trip to Moscow!

What are the best places you cannot miss out on in Moscow?

You will find some of the most amazing places in Moscow such as Kremlin, Gorky’s House, Lenin’s Tomb, Patriarch Ponds, Moscow Conservatory, Gorky’s House Museum of Russian Impressionism, etc.

Do they speak English in Moscow?

Yes, the locals in Moscow speak English and you can easily shop all around the city without getting tensed about the language you have to use while conversing.

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9 Great Places to Shop in Moscow

Moscow’s best shopping neighborhoods.

Moscow is a shoppers' paradise, with a huge range of places to shop from high street stores to sleek mega-malls to fun flea markets. Browse for stylish fashions along Kuznetsky Most, soak up some old-city charm while you shop on Arbat Street, or uncover unique designs and artwork at some of the newer, hip areas like Flacon Design Center.

While there's no shortage of exclusive stores around Moscow , there are also plenty of places to find classic Russian souvenirs including matrioshka dolls, fur hats and retro Soviet-era posters. Here are a few ideas on where to shop in Moscow that’ll satisfy the cravings of bargain hunters and brand-name aficionados alike.

Arbat Street

Top spot for souvenirs.

Stretching for about a kilometer through the historical center of Moscow, Arbat Street is one of Moscow’s oldest streets now lined with a host of bars, shops, cafes and restaurants. Explore the hidden side streets or just wander along Old Arbat to find a lively atmosphere of street artists and musicians performing for passers-by.

Visit early to avoid the crowds when the 18th century buildings shimmer in the morning sun, or go in the evening to see Arbat bathed in the light of its lovely street lanterns. Countless souvenirs are for sale here including amber jewelry, samovar tea sets and matrioshka dolls.

photo by Florstein ( CC BY-SA 4.0 ) modified

Kuznetsky Most and Stoleshnikov Lane

Walking street steeped in centuries-old glamor.

Kuznetsky Most is a stylish shopping street found in Moscow’s city center near Red Square. Since fashion-conscious Russian women were drawn here in the 18th century for its famed French tailors, Kuznetsky Most has retained an upscale aura.

The street’s lined with boutique shops selling designer clothing and jewelry, swanky restaurants, department stores, bookshops and wine bars. Fashion designers like Victoria Beckham are known to drop by to promote their new collections, while the nearby park is an artistic haven where it’s not uncommon to see live poetry readings and theatrical performances.

photo by Andreykor ( CC BY-SA 4.0 ) modified

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Big place for brand name labels.

Set along the Kuznetsky Most shopping area, TsUM is a century-old department store in an imposing Gothic Revival style building. With more than 70,000 square meters of retail space, TsUM is the largest department store in Eastern Europe. The latest fashions from many major brands are sold here including Louis Vuitton, Tom Ford, Dior, Fendi and Alexander McQueen.

Take a break from shopping at one of TsUM's trendy restaurants including Buro Tsum on the fifth floor, where in summer you can sip cocktails on the terrace overlooking Bolshoi Theatre and Petrovka and Neglinnaya streets.

Location: 2 Petrovka Street, Moscow, Russia

Open: Monday to Saturday from 10am to 10pm; Sundays from 11am to 10pm

photo by Ludvig14 ( CC BY-SA 3.0 ) modified

Kitai-Gorod and Tretyakovsky Proezd

Artsy and exclusive shopping area.

Kitai-Gorod is a charming district found east of the Kremlin that’s still bordered in parts by medieval city walls. Among the eclectic stores in the area are the art boutiques tucked away inside the Ulitsa Varvarka churches that sell Russian works of art, local handicrafts, ceramics and jewelry.

Wander to the north-west from the Kitai-Gorod metro station to find Tretyakovsky Proezd, a small walking street with an aristocratic vibe and elite brands including Prada, Bentley, Bulgari and Armani on display.

photo by xiquinhosilva ( CC BY 2.0 ) modified

Izmailovo Market

Bargain prices and local crafts.

Found near Partizanskaya Station east of central Moscow, the Izmailovsky flea market takes a bit of an effort to get to but the bargains and unusual finds here make it worth the trip.

This huge outdoor bazaar is one of the best places in the city for traditional Russian arts and crafts, with stalls selling matryoshka nesting dolls, lacquer boxes, Soviet-era memorabilia, handcrafted furniture, jewelry and antiques. You'll also find carpets from central Asia and stacks of used books. The market’s open daily but it’s best to go on the weekend since many shops shut down during the week.

Location: Izmaylovskoe Shosse, Moscow 105122, Russia (close to Partizanskaya Metro station)

Open: Daily from 8am to 9pm

Phone: +7 495 215-54-37

photo by deror_avi ( CC BY-SA 3.0 ) modified

Century-old shopping arcade of exquisite design

Set on the east side of Red Square, GUM shopping arcade has been a hive of Moscow shopping activity since it opened more than a hundred years ago. GUM offers a range of shops and boutiques over three floors in a palatial glass-domed building with a movie theater and plenty of dining choices.

More than 100 mid-range and upscale brands are sold here, and the mall’s elegant courtyard also hosts regular cultural events, fashion shows and exhibits. Take a rest from shopping at GUM’s beautiful fountain in the center of the complex.

Location: 3 Red Square, Moscow, Russia

Open: Daily from 10am to 10pm

Phone: +7 495 788 43 43

One of Europe’s largest malls

Found in the Aeroport District of Moscow, Aviapark is a giant of a mall with some 500 shops, restaurants and entertainment attractions set over six floors. In addition to several Russian and international fashion brands, there’s a good choice of stores for children including Adidas Kids, Mothercare and Lego.

Kids are also catered to with an ice-skating rink, trampoline park, escape rooms and gaming centres among the mall’s family-friendly activities. Aviapark’s aquarium is an impressive sight with its towering cylindrical tank full of colorful marine life.

Location: Khodynskiy Boulevard, 4, Moscow, Russia

Open: Daily 10am to 10pm (Friday and Saturday open till 11pm)

Phone: +7 495 644 45 44

photo by TastyPoutine ( CC BY-SA 4.0 ) modified

Flacon Design Center

Creative haven in a former perfume factory.

Formerly a dreary industrial site in the northern outskirts of the city, Flacon Design Factory is now a center for creative design, arts and culture. The buildings’ brown brick walls are now splashed with edgy graffiti art and there’s a lively vibe to the place with street performers playing live music and artists selling their wares in the open-air market.

Shops with locally-designed fashions and souvenirs, art studios, movie theaters and cafes are set over two levels, and the center plays host to many outdoor festivals and concerts.

Location: Bol'shaya Novodmitrovskaya Ulitsa, 36, Moscow, Russia

Phone: +7 495 790 79 01

photo by Flacon PR department ( CC BY-SA 4.0 ) modified

Moscow’s vibrant main street

Leading from the Kremlin north through central Moscow, Tverskaya Street is home to some of the world’s most expensive properties and the shopping here reflects the area’s exclusive cachet. Historically an important trade route for Moscow, the street has since transformed into a bustling wide avenue lined with regal stone buildings housing luxury brands, fashion labels, souvenir shops and restaurants.

Be sure to stop by Eliseyevskiy food store, the legendary purveyor of chocolates, caviar, cognac and more Russian delicacies in a grand 18th-century mansion with glittering chandeliers. Wander the side streets off Tverskaya for some more peaceful exploration of Moscow urban life.

photo by Skelanard ( CC BY-SA 4.0 ) modified

This article includes opinions of the Go Guides editorial team. Hotels.com compensates authors for their writing appearing on this site; such compensation may include travel and other costs.

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The 12 Best Amazon Outlet Deals to Get You Ready for Summer — Shop Dresses, Luggage, and More From $30

Save up to 58 percent on travel essentials from Samsonite, Vera Bradley, and Prada.

Travel + Leisure / Tyler Roeland

If you’re in the market (and on a budget) for any new travel gear, accessories, or clothes ahead of the summer season, then you’re in luck. Here at Travel + Leisure , we’ve decided to let you in on a frequent shopper’s insider secret: the hidden Amazon Outlet Store . Home to hundreds of major markdowns, including big-name and traveler-loved brands like Samsonite and Vera Bradley , the storefront will leave you spoiled for choice.

Whether you're traveling domestically or internationally this summer , or just think your wardrobe needs a refresh, we’ve got you covered with deals up to a whopping 58 percent off — you’ll hardly have to dip too far into your travel budget for this shopping spree. Just remember: deals and supplies are limited, so make sure to snag what you like while you still can. Keep scrolling to discover the 12 best Amazon Outlet deals, starting at $30, to get you ready for all of your summer plans.

Samsonite Underseat Carry-on Spinner

Finding a true underseat carry-on suitcase that can hold all your essentials while literally fitting beneath the seat in front of you can be tricky — and that’s where Samsonite’s underseater comes in. Stocked with plenty of organizational features, including two quick stash exterior pockets and a spacious main compartment, this small but mighty suitcase is great for both quick and long-haul trips. But that’s not all, as it also comes with a handy USB port to charge your electronics on the go, an interior padded laptop compartment that can fit devices up to 13.3 inches, and a trolley pass-through sleeve so you can slide it over your other suitcase handles.

With over 2,600 five-star ratings, it’s no wonder Samsonite’s underseat carry-on is a favorite among travelers. One customer raved that it was “small yet spacious enough for a quick three-day trip,” making it a great choice for long weekends away.

Vera Bradley Performance Twill XL Campus Backpack

If you’re looking for a new travel backpack, look no further than this durable and lightweight water-resistant polyester one from Vera Bradley. Great for traveling and everyday use, its crowning feature is undoubtedly its slew of organizational features. The backpack features two side slip pockets, a smaller front zip pocket with slip pockets, an ID window, and pen sleeves; two main and spacious zip compartments; a padded laptop sleeve; and a hidden back zip pocket for your more valuable items. 

One customer referred to it as “arguably the best backpack I’ve ever owned,” while another wrote that it’s “perfect for traveling.”Although it originally came in at nearly $200, the backpack is currently 36 percent off, so make sure to snag it while you still can.

Bang & Olufsen Beosound Wireless Bluetooth Speaker

With summer upon us, there’s no better time to splurge on a good Bluetooth speaker for days at the beach or lazy picnics in the park. This Bang & Olufsen water- and dust-resistant Bluetooth speaker is wrapped in a rugged aluminum shell and can play music for up to 27 hours. It’s compatible with Androids, iPhones, and iPads, and features a sturdy strap that can clip onto your backpack or bag for a hands-free experience. 

Keen Women’s Targhee Mid-height Waterproof Hiking Boots

Hiking enthusiasts, rejoice! This pair of hiking boots from ultra-popular outdoor footwear brand Keen is 58 percent off. Featuring a waterproof breathable membrane and an all-terrain, grippy rubber sole, these reliable shoes ensure that your ankles won't twist, even in the muddiest, wettest, and slipperiest of conditions.

Aside from its functional qualities, the hiking boot also provides next-level comfort. Its mid-height design prioritizes ankle support, its contoured heel helps ensure stability, and the brand's signature Metatomical footbed, which cradles the natural contour of the foot,  provides great arch support. It’s the perfect hiking boot and is available in both regular and wide sizes, ranging from 6 to 11.

Tommy Hilfiger Women’s Luster Sneakers

A sleek pair of white sneakers that can be dressed up or down is a must-have in any travel wardrobe, especially during the spring and summer. If you’re in the market for a pair of stylish and comfortable sneakers, let this Tommy Hilfiger Luster Sneaker be your sign that you’ve found what you’re looking for. Available in sizes 6 to 10, these shoes have a classic, fresh look and are unsurprisingly a hit among shoppers — one customer referred to them as “perfect,” adding that they’re “very comfortable and super easy to clean.” With an affordable $34 price tag, these shoes are bound to sell out fast; make sure to grab your size while you still can.

Volcom Men’s Stretch Chino Shorts

These classic and comfortable chino shorts are currently a jaw-dropping 40 percent off and are just what you need to tackle the summer heat with style. Available in sizes ranging from 28 to 42, with neutral color options including black, khaki, and navy, they’re sure to satisfy any preference and size. 

With nearly 10,000 five-star reviews, these Volcom chino shorts are a steal at just $30. One customer wrote that, despite their 6-foot, 4-inch frame, the shorts were “comfy through the quads and a good length,” adding that the “material also holds up,” so you know they’ll last you through more than one season.

Anrabess Women’s Short-sleeve Maxi T-shirt Dress

This Anrabess maxi T-shirt dress is a definitive favorite among travelers, if its nearly 6,000 glowing five-star reviews are anything to go off of. Made from a stretchy and breathable rayon, polyester, and spandex blend, the flowy dress is both flattering and comfortable. It can be dressed up or down and is versatile enough to be worn while traveling, sightseeing, to dinner, or even to the beach. Currently 43 percent off, the dress comes in sizes ranging from S to 2XL and is available in over 25 colors and patterns.

Apple AirTag 4-pack

Apple AirTags are a frequent flier’s best friend; they let you keep an eye on your belongings and track lost luggage to give you peace of mind while traveling. This set of four is currently on sale for $79, as opposed to its regular price tag of $99. While ideal for travel, especially with family or friends, they also have everyday use. Simply tuck them into your wallet or purse or attach them to your keys so you can always track your essentials while on the go.

Prada Black Rectangle Sunglasses

Prada is a brand that needs no introduction. The luxury Italian fashion house is renowned for its chic, edgy pieces, none more so than this iconic pair of boxy black rectangle sunglasses. The accessory comes with a two-year international warranty and is currently 42 percent off, a discount that brings its price tag down to $250, so you can channel a bit of la dolce vita on the next sunny day without having to fly all the way to Italy.

Kenneth Cole 2-piece Hardside Expandable Spinner Luggage Set

Hiding in Amazon's Outlet Store is this sleek two-piece set of hardside expandable spinner luggage from American fashion house Kenneth Cole. For $179, 29 percent off its regular price, the set gives you a 28-inch check-in suitcase and a 20-inch carry-on suitcase, both wrapped in a stylish, durable diamond-textured exterior. 

What's more, the suitcases are stocked with interior organization features, including several zippered pockets, elastic shoe sleeves, and a garment restrain pane. If you’re looking to update your travel gear, this Kenneth Cole luggage set may just be the answer.

Baseus Fast-charging Power Bank

Portable chargers are important to have on hand while traveling — it only takes a long layover or a missed flight to show you how essential they really are. While many popular portable charger models don’t quite have enough juice to power more than a phone or two, Baseus’ fast-charging power bank is in a league of its own. It’s capable of charging smaller items like wireless headphones, cellphones, and larger devices like tablets and laptops — all at once . Usually priced at $80, it’s currently $41, and according to one customer , it's “worth every penny for its quick charging ability and the durability of the charger itself.”

Fitory Men’s Arch Support Sandals

Sandals aren’t particularly known for being the most comfortable footwear, but these Fitory arch support slides strike the right balance between fashionable and functional. Featuring two adjustable straps, a natural contoured cork footbed, and a lightweight, shock-absorbing EVA outsole, these sandals have accumulated over 2,600 five-star reviews for their cushioning, support, and pain-free fit.

In fact,  one customer wrote that “over time, they mold to your feet and I use them literally every single day inside and outside the house,” which makes them a great investment for future travels. The Fitory sandals are available in sizes ranging from 7 to 13.5, and three color options, including black, brown, and dark gray. 

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The Kremlin in Moscow.

A Russian intelligence operative who’s leading a Kremlin disinformation campaign in Africa has helped run influence operations in Europe for years, according to documents seen by Bloomberg and government officials familiar with the matter.

Artem Kureyev, identified as a Russian Federal Security Service agent in an Estonian court case in 2022, has had frequent contacts with at least half a dozen European journalists, arranged and covered travel costs for some of them to visit occupied territories in Ukraine, and at times appears to have offered to pay for planted news articles, the documents show.

The 39 best shopping streets and areas in Moscow

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News | 400,000 square-foot Carson luxury outlet mall…

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News | 400,000 square-foot Carson luxury outlet mall project in doubt as developer pulls out

In its wake, a once-settled feud between the developer and Carson has resurfaced, with both sides exchanging new and old accusations, and threats of legal action.

Developer Cam-Carson, a joint venture between Macerich and Simon Property Group – the latter of which operates dozens of malls in California, including Torrance’s Del Amo Fashion Center – informed Carson that it was pulling out of the project in a Monday, June 3, letter, which the Southern California News Group obtained.

This latest dispute, according to both Cam-Carson and city officials, centers around whether the developer should start paying certain operational and management costs for the 9 acres that would become the luxury outlet mall.

The result, it seems, is that the project is once again in question, though city officials said they remain committed to the project.

“We remain dedicated to the revitalization of our city,” Mayor Lulu Davis-Holmes said in an interview this week, “and will continue to work towards solutions that benefit our residents and the community at large.”

The 157-acre landfill site in the City of Carson, one of the largest undeveloped parcels in LA County. Del Amo Blvd. at bottom right. (Photo by Dean Musgrove, Los Angeles Daily News/SCNG)

The 157-acre landfill site in the City of Carson, one of the largest undeveloped parcels in LA County. Several mobile home communities bump up to the property. (Photo by Dean Musgrove, Los Angeles Daily News/SCNG)

The 157-acre landfill site in the City of Carson, one of the largest undeveloped parcels in LA County. Del Amo Blvd. sits between the Evolve South Bay Apartment Homes (left) and the 157-acre parcel at right. (Photo by Dean Musgrove, Los Angeles Daily News/SCNG)

Development deferred

Ever since the CalCompact dump site closed in 1965, Carson officials have dreamed of redeveloping the land.

It is, after all, prime real estate – and massive. The 157 acres sit squarely between the interchange of the 405 and 110 freeways. It even has its own 405 exit off Avalon Boulevard.

But because it’s a former landfill, the ground is toxic and needs to be cleaned up, a costly effort known as remediation.

Over the years, that has been a considerable burden, causing a hope-and-then-despair cycle in Carson as the community was teased with one sparkling project after another only to see those proposals whither.

Within the last two decades alone, for example, the cost and complexity of environmental remediation has nixed multiple proposals, including an NFLstadium and giant shopping centers . In 2015, city officials were so hopeful they could lure an NFL team to Carson that they erected a Stadium Way street sign near the dump site at the southbound 405 exit ramp.

But that effort went nowhere . Instead, SoFi Stadium went up in Inglewood. But the Stadium Way sign in Carson remains.

And so does the former landfill’s status as one of the largest undeveloped parcels in Los Angeles County.

But in recent years, the cycle returned once more to hope, with the prospects becoming brighter that the land could finally transform from vacant to vibrant .

That’s because Carson struck deals with two developers to tackle separate portions of the 157 acres.

Developer Faring took 96 acres. It is in the process of creating a dining-and-green space area called formerly  dubbed Country Mart – now Carson Place – on about 12 acres of that and erecting six industrial buildings on the rest. That project is going well, city officials said.

Faring is also working on a 1,200-unit apartment and condo complex across the street from the landfill, despite controversy over that project closing a mobile home park that mostly housed seniors.

And then there’s Cam-Carson.

That developer struck a deal with Carson in 2018 to build a 400,000 square-foot luxury outlet mall on a 40-acre section of the former landfill.

While 400,000 square feet is a sliver of the overall size of the former landfill, the outlet mall seemed poised to become the crown jewel not only of the entire 157 acres – but also of the whole city.

It would be the South Bay’s first outlet mall and attract tourists to the city, bring in an estimated $5 million in sales tax revenue, and create around 1,200 and 1,600 construction and permanent jobs, respectively, according to Carson officials.

But in 2020, the developer filed a lawsuit against the city and the Carson Reclamation Authority, accusing them of negligence and financial mismanagement in their remediation efforts. Carson filed a countersuit.

The project, though, received new life in October 2022 , when Cam-Carson and the city agreed to pause their lawsuits. As part of that deal, Cam-Carson agreed to take on the remaining remediation work.

Then, six months ago, the Carson City Council approved an economic development benefit agreement with Cam-Carson. That deal provided $26 million in city money to help redevelop the land, which officials said at the time was intended to both continue efforts to settle the paused litigation and incentivize the work to continue.

All seemed well.

Compact crumbling

But Cam-Carson is still performing its due diligence to see if the outlet mall project is feasible, company officials said. The city, meanwhile, has been paying what’s known as carry costs, which are operational and management expenses related to holding on to the land, according to John Raymond, executive director for the Carson Reclamation Authority.

Those twin facts essentially sowed the latest dispute.

The impetus for pulling out of the project, according to Cam-Carson’s letter to the city, was the latter requiring the former to pay certain operational and management costs beginning in mid-March, even though the developer was still doing its due diligence. Cam-Carson, the letter said, would resume its litigation.

But the official due diligence period, Carson officials said, ended on May 15 after multiple extensions.

Mark Silvestri, Simon Property Company’s president of development, accused Carson and its CRA of “continually failing to meet their obligations.”

“We are deeply disappointed that the City and the CRA have squandered the opportunity to develop a world-class retail center on this long-underutilized property,” he wrote, “and wasted well over $100 million of its taxpayers’ money.”

Cam-Carson has also invested more than $80 million into the outlet mall project, said Rob Ellison, an attorney representing the developer.

Carson and the CRA have indeed spent nearly $100 million, Raymond said in a Thursday, June 6, interview. But none of that money was wasted, he added, and city officials are hopeful the environmental remediation and the lessons they’ve learned will pay off for the mall and for other developers.

Davis-Holmes, meanwhile, described Simon’s move as “negotiation tactics.” Carson and the CRA, the mayor said, have negotiated in good faith over the past 20 months and there has been no default or broken promises.

“We’re sincere in our efforts on this project,” Davis-Holmes said on Thursday. “Our city and community has been waiting patiently and despite that, Simon’s recent actions have undermined the project.”

Despite being in the works for years, the project is still in its infancy. Not a single wall has gone up.

But that’s because of the complexity of preparing the landfill site for construction – though that work is nearly complete.

Groundwater and gas extraction systems, which carry potential toxins away from the site, need to be installed. All but one of the 25 needed for the Cam-Carson site are in place, Raymond said.

Load-bearing, 95-foot piles need to be driven into the ground past any contaminated soil. Figuring out how to do that took 51 days, Raymond said. At last, all 2,238 are in place.

And even the bulk of the remediation is done.

Despite that progress, Cam-Carson does not yet seem assured that the project will succeed, according to its letter.

“We have been consistent in our position that is is completely inappropriate for (Cam-Carson) to resume payment of the CRA’s carry costs during the pendency of the litigation unless and until we have reached a mutually satisfactory path forward and (Cam-Carson’s) conclusion of its due diligence.”

The CRA, for its part, has been paying the carry costs – about  $110,000 per month – since 2019, Raymond said, indicating the agency is more than willing to shore up a fair share of the financial burden.

But on March 15, when the due diligence period expired, CRA told the developer it would have to pay the carry costs moving forward, Raymond said.

“They failed to pay $12.5 million of (carry costs),” said Carson city attorney Sunny Soltani, “and breached the agreement.”

Of that, $2.9 million were from 2019, a year in which the city also had an outstanding invoice of $8 million for piles and concrete slabs,  which was the crux of the city’s countersuit a year later.

“In the spirit of cooperation,” Raymond said, “we weren’t going to ask them to pay for that.”

Cam-Carson representatives, though, denied the company owes carry costs, calling it “a false narrative.”

“(The City and CRA) concocted this narrative to try to somehow shift blame for the project’s failure to Cam-Carson,” Ellison said in a statement. “Cam-Carson does not owe carry costs.”

There are other issues at play as well, such as a planned road, Leonardo Drive, that would travel through the project site.

Ellis, Cam-Carson’s attorney, accused the city of failing to enter into a construction agreement, finish the design or do what it needed to get Lenardo Drive built on the required schedule.

But CRA has spent $5 million of the $26 million subsidy on designing and engineering the road, Raymond said. And because of that project’s complexity, he added, CRA thought it best to send it out to bid.

Either way, the two sides appear at an impasse.

And now Cam-Carson and the city are poised to resume their legal battle.

A status conference about the dual lawsuits is scheduled for next week, Soltani said. The city, she said, will try to persuade Cam-Carson to resume negotiations. Whether they will agree is not yet clear; after all, Cam-Carson, in its Monday letter to the city, described the company’s officials as being “frustrated and disappointed.”

One thing, however, is clear: Carson’s dream of a luxury outlet mall is once again in doubt.

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What Retail Apocalypse? Shopping Centers Are Making a Comeback.

Vacancy is the lowest it has been in two decades, at 5.4 percent, according to a recent report. The properties are thriving even as retailers like Macy’s and Express shutter many stores.

By Joe Gose

Shopping center landlords have found themselves in a wholly unfamiliar position: For the first time in 20 years, demand for retail space outstrips supply.

That demand has soared recently and, after years of muted construction and a purge of weak-performing properties, met a retail market with less available space. Properties that survived the purge signed up tenants that would draw more shoppers and give them more reason to linger. That meant more restaurants and venues that promote recreational experiences, like ax throwing and, more recently, pickleball. It also meant less space for traditional retailers that weren’t performing as well, like bookstores and apparel brands.

Because of those moves, “there’s not as much redundancy from tenants, and landlords are creating much more robust tenant mixes,” said Barrie Scardina, president of Americas retail services, agency leasing and alliances for Cushman & Wakefield, a real estate firm. “We are seeing some of the most productive occupancy recorded in the last 10 years.”

Shopping center vacancy is the lowest it has been in two decades, at 5.4 percent, Cushman & Wakefield said in a recent report, and the edge in lease negotiations has shifted from tenants back to landlords.

To meet demand, developers are on the hunt for distressed and failed properties — or even locations where retail would be a better fit than the current use. Partners Capital is converting a 100,000-square-foot office complex near Las Vegas into a $30 million project, called the Cliff, that will include restaurants, boutiques, health-and-wellness operators, entertainment space and a central bar. This is a shift from what the developer was doing just a few years ago, when it was selling off much of its retail-center portfolio and pivoting to industrial buildings that housed tenants such as logistics providers, said Bobby Khorshidi, president of the firm.

Partners Capital’s move is an apt representation of how the fates of office properties and shopping centers have switched places.

David Larcher, chief executive of Vestar, a developer in Phoenix that is planning several projects, including the second phase of Vineyard Towne Center, a 260,000-square-foot shopping center in Queen Creek, Ariz., said the pandemic had been “good for retail.”

“There was a lot of derelict space converted into other uses, and retailers with too much debt who had been hanging on by their fingertips were wiped out,” he said.

While the pandemic may have hastened the rebound, it is underpinned by a shift that began more than a decade ago. After the financial crisis and 2009 recession and amid the growth of e-commerce, retailer bankruptcies led to a glut of space that prompted many investors to sell or convert shopping centers and embrace offices, apartments and warehouses. Shopping center space, which had surged from 2006 through 2009, began to shrink — primarily in two waves, first from 2009 to 2016 and then again during the pandemic.

The shopping centers that were still around shifted strategy to meet changing consumer taste, and landlords brought in high-traffic-driving tenants including restaurants and entertainment centers, fitness operators, boutique services, public gathering areas and medical facilities.

In some cases, developers are adding apartments, grocery stores, hotels and offices, while still scaling back excess store space.

Trademark Property Company is planning to redevelop a 470,000-square-foot center in Arlington, Texas, by reducing the retail space by about half and adding office, residential, hotel and entertainment uses.

Similarly, Shopoff Realty Investments plans to turn a Macy’s and vacant Sears that bookend Westminster Mall, south of Los Angeles, into housing and about 25,000 square feet of food retail space, like restaurants. The project is part of the firm’s strategy to buy and convert distressed retail properties. It typically reduces shop space 60 to 90 percent, said Bill Shopoff, founder of the company, which is in Irvine, Calif.

“There’s a sufficient number of these opportunities to keep our pipeline well stocked for a number of years to come,” he said.

Open-air centers in high-growth markets such as Phoenix, Nashville and Austin, Texas, are leading the resurgence, said Ms. Scardina of Cushman and other industry experts. High-end malls have tight vacancies as well, she added.

The industry also experienced an uptick in demand in recent years as shopping in person enjoyed a mild resurgence and more retailers began using stores as distribution points. Nationally, the average rental rate of nearly $24 per square foot in the first quarter of this year was almost 4 percent higher than it was a year earlier. In some cases, landlords are able to raise rates on new leases by more than 30 percent from the previous lease, said Terry Montesi, founder of Trademark Property Company, a retail and mixed-use property developer in Fort Worth.

The current environment is reigniting investor interest. Because retail properties were out of favor, their values in general did not rise as much as apartments and warehouses over the past several years. As a result, shopping centers can generate an attractive yield compared with those pricier assets in a time of stubbornly high interest rates.

“Retail real estate fundamentals are the strongest they’ve been in my career,” said Mr. Montesi, who started Trademark in 1992. “The capital markets haven’t completely come around to retail, but they’re warming up.”

But a handful of threats could derail the good times. Most notably, industry experts say, consumers are feeling squeezed by inflation and have pulled back on discretionary spending, as recently reported in Walmart’s and Target’s quarterly earnings. Shopping center owners and retailers alike are being pressed by higher interest rates as well as the increasing cost of construction and insurance, all of which are elevating occupancy expenses.

Investors are also keeping an eye on troubled retailers, as more apparel stores like Express and Rue21 file for bankruptcy and major retailers like Macy’s and Walmart close low-performing locations .

In the meantime, shopping centers are looking better than they have in a long time, and spaces that become vacant are often snapped up quickly by other tenants.

During the pandemic, the developer NewMark Merrill secured pre-lease commitments for 100 percent of its Rialto Village project, a 96,000-square-foot center that opened last year in California’s Inland Empire region, said Sanford Sigal, chief executive of the group. A decade ago, pre-leasing commitments typically filled 65 to 70 percent of a center, he said.

“Every time I went to a party of any sort and would tell someone I was in the shopping center business, people would say, ‘Oh, you poor thing!’” said Mr. Sigal, who bought four shopping centers in Chicago for roughly $100 million this year. “So the idea of getting calls from brokers the day after a store announces closings is very unusual. Maybe we’re the cockroaches of the earth-extinction event.”

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Dive deeper into the people, issues and trends shaping the worlds of business and technology..

A Big Decision for Boeing’s Next C.E.O.: ​​Some analysts say building a new plane soon would help the company regain ground it has lost to Airbus. But doing so would be difficult and expensive .

A British Invasion of U.S. Media: ​​As a historic presidential election looms, several of America’s largest newsrooms are now being led by English journalists .

What Retail Apocalypse?: ​​Shopping center vacancy is the lowest it has been in two decades. The properties are thriving  even as retailers shutter many stores.

How a Bold A.I. Device Flopped: ​​Humane’s Ai Pin was supposed to free people from smartphones, but sales have been slow. Now the company is eyeing a potential sale .

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National Outlet Shopping Day is this weekend. Shop deals at Indiana's outlet malls.

Simon Malls is celebrating National Outlet Shopping Day this weekend with deals and promotions through some of their retailers, giveaways and more at their Indiana outlet mall locations.

Here's what to know.

When is National Outlet Shopping Day?

National Outlet Shopping Day is the second Saturday in June, according to National Day Calendar , which means it is June 8 this year.

Indiana Premium Outlets and Lighthouse Premium Outlets are celebrating on both Saturday and Sunday.

Indiana Premium Outlets deals this weekend

More than 90 Indiana Premium Outlets retailers, including Ann Taylor Factory, Columbia Factory Store, J. Crew Factory, Michael Kors Outlet Sunglass Hut are offering deals for National Outlet Shopping Day, the company said in a press release.

Indiana Premium Outlets will host retailer savings some examples include:

• Adidas: Extra 20% off entire purchase
• Calvin Klein: Offering 25% off purchase
• Tommy Hilfiger: Offering 20% off purchase
• Janie & Jack: Offering 30% off purchase

Also happening this weekend is a prize wheel, surprise giveaways, a caricature artist on-site, a chalk wall, art activation and music.

You can view all the deals for this weekend on the Savings Guide and be sure to show it at the time of purchase to receive the deals.

Where is Indiana Premium Outlets?

Indiana Premium Outlets is in Edinburgh, which is about 40 minutes away from Indianapolis.

The address is: 11622 NE Executive Dr, Edinburgh, IN 46124 .

Lighthouse Place Premium Outlets deals this weekend

The Lighthouse Place Premium Outlets is celebrating National Outlet Shopping Day this weekend by giving out free tote bags.

Several of their retailers will also be offering promotions including adidas, LOFT Outlet, Ann Taylor Factory, Brooks Brothers, Crocs, Kate Spade New York Outlet, Skechers, Aeropostale, Eddie Bauer, Nike Factory Store and more.

Where is Lighthouse Premium Outlets?

Lighthouse Premium Outlets is located in Michigan City.

The address is 601 Wabash St., Michigan City 46360.

Katie Wiseman is a trending news intern at IndyStar. Contact her at [email protected]. Follow her on Twitter @itskatiewiseman .