Outlet Store Prices
Attention shoppers! We do NOT have great prices at the outlet stores. I took the bait and drove to the nearest outlet stores to check out the goods. I was hoping to find great deals on clothing, but instead found limited selections at above discounted retail prices.
For example, a men's dress shirt that retails for $40.00 sells for $24.99 at the outlet mall and $19.99 or less at a major retailer. Same brand, same quality (60%-40% blend), and color. Why are many outlet prices higher than discounted retail prices?
I am taking a guess here, because I do NOT know. I assume the inventory sold at the outlet stores are overstock, discontinued, or grade "B" items. If so, I would expect these items to be discounted well below retail prices. Am I missing something here?