Defining the attraction of factory outlet centres

Article Abstract:

In the U.S., factory outlet stores rely primarily on famous brand names to attract shoppers. By comparison, brand recognition is relatively undeveloped in the U.K., where private labels and store brands proliferate. Trade sources suggest that there are some 150 manufacturers in the U.K. currently trading from factory outlets, most of whom are British. Integrated retailers which operate their own stores in the U.K. account for some 40% of the total. The factory outlet presents them with a valuable opportunity to offload surplus goods at a profit, while factory outlet villages provide valuable returns for operators.

Economic aspects, Stores

---

The development of factory outlet retailing

Article Abstract:

Consumers are attracted to factory-outlet shops and villages because they offer well-known brands at low prices. For manufacturers, such outlets provide an opportunity to control the divestment of surplus goods at a profit, rather than using the traditional method of job-lotting. The first factory-outlet village in the U.K. was opened in 1988 in Humberside. Currently, it is estimated that there are 10 centres, with a further four planned in 1996.

United Kingdom

---

Variety stores retailing

Article Abstract:

The UK's variety stores sector includes chains W.H. Smith, Argos, Boots, and the largest retailer Marks and Spencer, which dominates the sector with a 32.1% market share. Turnover for the sector amounted to 13.9 billion pounds sterling in FY 1996/97. The success of Tesco's Clubcard has prompted some variety stores to launch similar loyalty schemes, which could help them target promotions and build customer links using direct mail.

Variety stores

Similar abstracts:

• Abstracts: In the footsteps of Wat Tyler. Who does he think he is? Reach for the sky
• Abstracts: Sign of progress for deaf viewers. Viva sex appeal. Scheduled to hook viewers
• Abstracts: Ethnic cleansing in the UK: some of the 600 Ulster homes emptied by the mobs in 10 days. A world of anguish in an inch of glass
• Abstracts: The real threat of Iranian terrorism. The strange case of Britain's 'spy' in a Moscow jail. Not a bunch of spies, just a devout religious people
• Abstracts: Is politics a career for your daughter? Unrepentant Norris romps and tells. Now for a short break from free speech

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.