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factory outlet

   Also found in: Acronyms, Wikipedia 0.02 sec.
factory outlet, factory shop
n
(Business / Commerce) a usually low-rent site leased by a factory to sell its end-of-line or damaged stock direct to the customer at reduced prices


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The Lightstone Group, one of the largest private owners of retail properties in the country, announced the acquisition of two outlet centers located 12 miles down the road from Disney World in Orlando, Fla: the 200,000 s/f Belz Designer Outlet Center and the 700,000 s/f Belz Factory Outlet World.
and its sister company Fitness Factory Outlet, a specialty supplier of fitness equipment based in Forest Park, III.
ARCA), headquartered in Minneapolis, has opened a 30,000-square-foot ApplianceSmart factory outlet superstore in Norcross, Ga.
 
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