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Factory Outlet

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Factory Outlet A manufacturer-owned store selling that firm's closeouts, discontinued merchandise, irregulars, canceled orders, and, sometimes, in-season, first-quality merchandise.

 


factory outlet
a retail store that sells the products of one manufacturer, usually at very low prices
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Firms may also choose to utilize factory outlet stores. To allay concerns held by conventional stores, however, these factory outlet stores are usually located in areas where they are not easily accessible.

Ultimately, manufacturers may be the biggest winners online, particularly small manufacturers who have until now been at the mercy of the channel. The success of factory outlets shows consumers like to buy direct from manufacturers.

See also: Discount, Retail, Cost, Outlet, Consumer

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