Retail store, operated by a manufacturer, which provides an outlet for selling the manufacturer's irregular, overrun, or end-of-season merchandise. Although it is not always the case, outlet stores are often located close to the manufacturer.
| Business Dictionary: Outlet Store |
Retail store, operated by a manufacturer, which provides an outlet for selling the manufacturer's irregular, overrun, or end-of-season merchandise. Although it is not always the case, outlet stores are often located close to the manufacturer.
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| Wikipedia: Outlet store |
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An outlet store or factory outlet or "Best Saving Outlet" is a retail store in which manufacturers sell their stock directly to the public through their own branded stores. The stores can be brick and mortar or online. Traditionally, a factory outlet was a store attached to a factory or warehouse. Often these stores are grouped together in outlet malls. The invention of the retail outlet store is often credited to Harold Alfond, founder of the Dexter Shoe Company.
Since its origination, outlets have seen variation in project size and an industry reorganization in the early 1990s which resulted in many smaller outlets going dark. As newer outlets continue their popularity, clear differences between new well designed centers and traditional retail centers are becoming harder and harder to differentiate.[citation needed]
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