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The
Comparable Value is an indication of value based on the quality of the material used, our commitment to craftsmanship and the high standards demanded by Coach and initial prices charged for similar products in the market. The Comparable Value is not intended to be a representation of a sale or of
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Throughout the 1980s and 1990s, outlet centers grew rapidly in the United States. A typical outlet center in the U.S. is opened with between 100,000 and 200,000 square feet (about 1 to 2 hectares) of retail space. This can gradually increase to 500,000 to 600,000 feet (around 5 hectares). The average
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Outlets first appeared in the eastern United States in the 1930s. Factory stores started to offer damaged or excess goods to employees at a low price. After some time, the audience expanded to include non-employees. In 1936, Anderson-Little (a men's clothing brand) opened an outlet store independent
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A majority of the products sold by clothing and accessory manufacturers at outlet stores are specifically manufactured for outlets using lower-quality materials and manufacturing processes than their higher-priced products sold in regular stores. Tags may list a "Compare At" or "Comparable Value"
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which had traditionally sold their merchandise. To avoid "retaliation" against manufacturers from such retailers, outlet centers were often positioned at least 20 to 30 miles from the nearest department store, along major highways between metropolitan areas or in resort or recreational areas.
255:. Outlet stores enabled manufacturers to directly enter the retail field themselves and capture more of the profit associated with their brand names. Very few outlet centers were built within major cities, in order to minimize disruption to manufacturers' existing relationships with
290:, on the edge of the town of Bicester in Oxfordshire in England, is a regular stop for bus-tours of foreign tourists, especially from China. Stores have also been emerging in Japan since the mid to late 1990s.
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Outlet stores often have more stringent return policies than regular stores, and manufacturers will typically not allow returns or exchanges for products purchased at outlets stores at their regular stores.
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price which indicates the outlet retailer's estimated full price of similar products at regular stores, but in many cases the specific product has never been available at that higher price point.
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in 2013. In Europe, retailer BAA McArthurGlen has opened 13 malls with over 1,200 stores and 3 million square feet (about 30 hectares) of retail space; describing itself as an "outlet village",
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sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being
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outlet center has an area of 216,000 square feet. In 2003, outlet malls in the U.S. generated $ 15 billion in revenue from 260 stores.
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of its existing factories. Until the 1970s, the primary purpose of outlet stores was to dispose of excess or damaged goods.
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The number of U.S. outlet centers increased from 113 in 1988 to 276 in 1991 and to 325 in 1997.
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store. In modern usage, outlet stores are typically manufacturer-branded stores such as
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Outlet malls are not an exclusively
American phenomenon. In Canada, the
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212:. The invention of the factory outlet store is often credited to
452:"Retail vs. outlet store: Can you tell which outfit costs more?"
398:(2nd ed.). New York: John Wiley & Sons. p. 374.
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361:"A Survey of Outlet Mall Retailing: Past, Present and Future"
428:"Q&A: The differences between an outlet and mall store"
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savings versus any particular product on a particular day.
322:"Harold Alfond, Donor and Shoe Factory Owner, Dies at 93"
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Store where a manufacturer directly sells to the consumer
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opened the first multi-store factory outlet center in
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278:dates from the late 1980s, and was followed by
530:"Outlet shopping: The deal is in the details"
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294:Difference between outlet and regular stores
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363:. insead.edu. Archived from
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307:References
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