Manchester Arndale a shopping centre, it never recovered. Stocks argues that these factors lay behind the Greater Manchester County Council's (GMC) strategic view that the county had too much retail capacity. From 1977 onwards the GMC consistently opposed further development, and would not support any before 1986. Trade increased in the early 1980s, though GMC policy against development and for retaining the relative importance of the retail centres remained. By the mid-1980s, the trend in retailing had moved from city-centres to out-of-town. The opening of Meadowhall Centre in 1990 added to the retail impact in the Sheffield city centre. The GMC was
Retail Ventures Crystal Value, LLC. In connection with the sale, Retail Ventures, Inc.'s wholly owned subsidiary Filene's Basement, Inc. entered into a $100 million secured credit facility with National City Business Credit, Inc. Terms of the credit facility are similar to the predecessor $275 million secured credit facility that was jointly shared with Value City Department Stores and was terminated and replaced as of the date of the transaction. This transaction does not impact Value City Furniture Stores, which are separately owned and operated. Retail Ventures, Inc. continues to operate 259 DSW stores in major metropolitan areas throughout the country. DSW also