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An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock, closeout, returned, factory seconds, or lower-quality versions manufactured ...
Inventory comes primarily from overstocks and closeouts of name-brand groceries, as well as private-label groceries. [2][3][4][5][6] Grocery Outlet buys mostly closeout or seasonal merchandise, so particular brand names change often. [2] The company's stores also carry food staples such as fresh meat, dairy and bread. [2]
An outlet centre (or outlet mall in North America) is a type of shopping centre in which manufacturers sell their products directly to the public through their own stores. Other stores in outlet centres are operated by retailers selling returned goods and discontinued products, often at heavily reduced prices.
Before Outlet store allowed retailers to unload last season's goods or items with defects on thrifty shoppers, but this is no longer the deal for the majority of the stores today.
A chain store or retail chain is a retail outlet in which several locations share a brand, central management and standardized business practices. They have come to dominate many retail markets, dining markets, and service categories in many parts of the world. A franchise retail establishment is one form of a chain store.
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the ...
Off-price is a trading format based on discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount compared to ...
Discount store. A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. [1]