Modern-day outlet shopping isn’t what it used to be.
Consumers aren’t limited to factory-flawed Jockeys and Levis anymore. High-end brands such as Kate Spade, Coach and Jimmy Choo are entering the mix and attracting customers who want great deals on luxury items.
And it’s big business for retailers.
As of February 2014, the U.S. had more than 12,796 outlet locations raking in an estimated $31–42 billion in sales. That’s a lot of bargain shopping!
via The Pros and Cons of Outlet Stores: Are You Really Saving Money? – daveramsey.com.
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