Police are investigating reports of grand theft at the Pismo Beach Premium Outlets.
Pismo Beach police said they received reports of at least two people stealing purses from the Kate Spade store around 4:30 p.m. Saturday.
It is unclear the value of the items stolen.
According to officials, the suspects were last seen driving south on Highway 101 near the Five Cities Dr. on-ramp.
This is a developing story, check back later for details.