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outlet center

   Also found in: Wikipedia 0.01 sec.
outlet center

A shopping center devoted to discount outlets for brand name manufacturers.They are most often located in rural areas or tourist locations. If rural, the market can be drawn from a radius as large as 200 miles,although a 25- to 75-mile market area is more common.



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54% to 25%, in 20 factory outlet centers from affiliates of Arbor Mortgage REIT.
The International Council of Shopping Centers has created a factory outlet sales index with the cooperation of outlet center developers and provides a wealth of information on outlet centers.
KAG620) STEVEN TANGER, CEO of TANGER FACTORY OUTLET CENTERS INC (SKT), describes the company's business and its background; prospects for the industry, with positive and negative trends; competitive threats; strategic opportunities for the firm including its marketing plans and acquisition potential; management strength and organization; and the financial prospects of the firm looking forward.
 
 
 
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