factory outlet meaning - Search
  1. Dictionary

    fac·to·ry out·let
    [ˈfakt(ə)rē ˈoutˌlet, ˈoutlət]
    noun
    factory shop (noun) · factory shops (plural noun) · factory outlet (noun) · factory outlets (plural noun)
    1. a store in which goods, especially surplus stock, are sold directly by the manufacturers at a discount.
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    What is a factory outlet?Although factory outlets often only stock one brand’s items, stocking only one brand isn't what defines a factory outlet. Factory outlets that only stock one brand are often outlets of factories owned by those brands. For example, the well-known L.L. Bean factory in Maine only manufactures L.L. Bean products.
    What is the difference between a retail store and a factory outlet?Factory outlet stores sell items that can't be sold in retail stores, often at a steep discount. The primary difference between a factory outlet store and a retail store is the goods sold in each. A retail store, like a clothing store in a shopping mall, sells a retailer’s current lineup of items. These items may be from one brand or from many.
    Why is a factory outlet cheaper than a retail store?Such outlets are often cheaper than retail stores because retail costs are not included. Factory outlets are owned and operated by manufacturers and normally carry the manufacturers' surplus, discontinued, or irregular goods. The knitwear company has a factory outlet in addition to selling to high-end clothing retailers around the world.
    What is the difference between Factory Outlet Center and outlet mall?Selling a lower quality product through factory outlets lowers the brand value of the company. Factory outlet center is a store owned or rented by one company and is only for one company’s products. Whereas an outlet mall consists of a number of factory outlet stores of different brands organized in a mall fashion.
     
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    WEBAbout. A visit to Chanel's flagship store at 31 rue Cambon is a pilgrimage for any lover of the brand. Here, Coco Chanel birthed a legendary fashion brand and launched her first haute couture store way back in 1918. …

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