September 1, 2009 - 4:43 pm
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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. 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.
Clothing, sporting goods, electrical products, cosmetics, and toys are among the types of items sold at outlet malls.
Outlet malls first appeared in the US as a development of the traditional factory outlet: a store attached to a factory or warehouse. An outlet mall places several such outlets under one roof in a convenient location, usually an “out-of-town” site. The out-of-town site minimizes overhead costs.
Although Canada has its own outlet malls, American outlet malls located in border states have become tremendously popular with Canadians engaging in cross-border shopping.
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August 29, 2009 - 5:38 pm
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