define factory outlet - 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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  2. People also ask
    What is a factory outlet?Traditionally, a factory outlet was a store attached to a factory or warehouse, sometimes allowing customers to watch the production process, such as in the original L.L. Bean store. In modern usage, outlet stores are typically manufacturer-branded stores such as Gap or Bon Worth grouped together in outlet malls.
    en.wikipedia.org
    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.
    Does a knitwear company have a factory outlet?The knitwear company has a factory outlet in addition to selling to high-end clothing retailers around the world. A factory outlet is a premises in which a manufacturer offers goods for sale direct to the public. Such outlets are often cheaper than retail stores because retail costs are not included.
     
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