Definition, Meaning & Synonyms

factory-outlet

noun
/ˈfæktəri ˈaʊtˌlɛt/
Definition
A retail store that sells products directly from a manufacturer at discounted prices, often surplus or unsold inventory.
Examples
  • Many shoppers visit the factory outlet for great deals on brand-name apparel.
  • The factory outlet had everything from shoes to kitchen appliances at reduced prices.
  • During the holiday season, the factory outlet attracts a large crowd looking for bargains.
Meaning
Factory outlets are typically located near the production sites and offer goods at lower prices than regular retail stores.
Synonyms
  • discount store
  • outlet store
  • manufacturer’s outlet