Changing economy alters outlet store model

03/24/2010 | American Public Media/Marketplace

Sudden and severe consumer-spending cutbacks as the recession hit left loads of marked-down merchandise to fill outlet store shelves last year. Since then, retailers including Nordstrom, Saks and Bloomingdale's have gotten leaner on ordering and launched plans for new outlets. The changes are creating a new niche -- outlet stores stocked with lower-priced products created especially for them.

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