OFFPRICE Showfloor Grows Once Again at Summer Show in Las Vegas
September 8, 2015
The off-price industry is enjoying a heyday in which more national retailers are turning to the channel looking for a boost, and the OFFPRICE Show in Las Vegas remains a vital place to go for stores of all sizes from across the country.
This year’s summer show, held in August at the Sands Expo & Convention Center during Las Vegas Fashion Week, not only saw an uptick in attendance, but also in net square footage.
The footprint of the showfloor increased from 131,000 net square feet last year to 135,300 net sq. ft. at this year’s event.
“It was my first time to OFFPRICE and won't be my last,” said Linda Audette, from The Plus Factor. “Very well laid out and organized. I deal primarily with plus size fashion so [prioritized] those specific booths from the online info and navigated right through, saving me a lot of time. I found many new suppliers and placed several orders.”
Once again, retailers from all 50 states were at the show, scouring the showfllor for the latest apparel, accessories and footwear to add to their shelves and racks. International retailers also flocked to the show, with attendance climbing to 1,056.
“Retailers across the globe have discovered the significance of the off-price industry,” said Stephen Krogulski, CEO of OFFPRICE.
He added, “Recently, national retail stores have debuted new off-price stores as shoppers gravitate toward brands at a low-price-point. With high quality goods below wholesale cost, it is easy to see why so many make the OFFPRICE Show a must see.”
The OFFPRICE Show is an order-writing trade show in which retailers can place orders directly from the showfloor and often have the product on the racks of their stores approximately two weeks later.
Nearly all of the fashions and apparel found in the booths throughout OFFPRICE are priced 20-70 percent below wholesale, “making it the best place in the country to find the best value on clothing,” according to show management.
OFFPRICE returns Feb. 14-17 to the Sands Expo in Las Vegas.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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