Outlet malls typically do not feature amenities such as those available at more upscale shopping malls, according to Forbes. These malls originally began as warehouse operations that sold poor-quality goods at low prices but quickly evolved into bargain centers for off-season goods and those with slight defects.Continue Reading
Outlet mall architects design the malls in such a way as to provide outdoor access to each individual store while generally eschewing the inclusion of movie theaters, food courts and standalone restaurants, according to Forbes. These stores are designed to offer customers access to lower-quality and off-season items that are not otherwise available at the outlet brands' regular stores. Examples include winter coats, which most regular stores do not sell in the spring and summer months but that are often available at steep discounts in outlet stores.
Just as modern outlet malls are typically designed to match the look of upscale shopping malls, the stores they contain also often feature brand new merchandise, notes Forbes. Rather than focusing entirely on seconds and defects, many outlet stores sell clothing and products designed for outlet retail from the start. The addition of clearance racks allows outlet stores to offer unsold merchandise at even greater discounts. These racks are often present in the far corners of outlet stores.Learn more about Real Estate