Do you like outlet shopping? What you think is a deal may be no deal at all because of a secret that the outlets keep closely guarded.
Outlet shopping moves from exurbs to the suburbs
Outlet centers had their origins in rural mill towns. They were typically attached to factories and were a dumping ground for irregulars, factory seconds, and unsold inventory from manufacturers.
Then in their next incarnation, they moved closer to mid-sized and bigger cities. Though they were always careful to stay 50 miles or more away from the city core.
Yet the outlet business model has become so key to retailing that now outlet centers are often in the suburbs. They’re no longer in the exurbs 50 miles away. [read ClarkHoward.com]