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Colleen's Corner

Asset Allocation

Often financial "experts" make asset allocation difficult to understand. My goal in this series of articles is for you to understand asset allocation thoroughly, in an easy to understand format.

Senior Discounts at Shopping and Outlet Malls

By: SeniorDiscounts.com - The Largest Directory of Discounts for Seniors

There are some discount alternatives for those national retail chains that do not typically offer a senior discount on a nationwide basis. Many shopping and outlet malls across the United States have senior discount days at most if not all of the stores in a particular center. That means that while your favorite store may not have a corporate senior discount in place, its stores that are located in an outlet or shopping mall might.

These "senior days" usually occur once a week, but may also occur only on a monthly basis, with the most common senior day occurring on Tuesdays. Expect to save around 10%, while some malls will even offer 10% off the already sale priced items. Some stores may offer a free gift or a two-for-one special to seniors on a particular purchase instead of the typical 10% discount.

The age requirements for these outlet mall discounts can vary. Some may begin as early as 50 years of age while others may not begin until 60. Outlet malls may also require that you visit the malls' front office to receive a discount card or certificate to redeem the discounts. Other malls simply ask that you provide identification at the particular stores when you make your purchase.

Most malls have web sites where their senior deals can be found, but don't assume that a mall doesn't have a senior discount program just because it is not stated on its site. Call the customer service desk or inquire at the main office next time you visit. Some stores in a mall may offer senior discounts even if the mall does not have a senior discount program in place.

Two of the largest chains of outlet malls that offer a senior discount are the Premium Outlet Malls and Mills Outlet Malls.

Premium Outlet Malls, with 37 locations in 24 states, provides a 50-Plus Shopper Club available. Shoppers 50 and older receive an added 10% savings on Tuesdays by simply presenting photo identification to the cashier at participating stores.

The Mills Outlet Malls, with 40 locations in more than 20 states, provides senior discounts at many of its outlet locations. There is no formal program and not all malls participate, but many offer a 10% discount on Tuesdays at participating stores.

Another chain of outlet malls. Craig Realty Group, which operates 12 outlet malls in the United States, provides senior discounts days at most of its locations. Discount days are usually on Tuesdays and are good for shoppers 55 or 60 years of age and older depending on the outlet. Discounts are usually 10% off at select stores within the outlet centers.