An outlet store , factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock , closeout , returned , factory seconds , or lower-quality versions manufactured specifically for outlets. Traditionally, a factory outlet was a store attached to a factory or warehouse , sometimes allowing customers to watch the production process, such as in the original L.L. Bean store. In modern usage, outlet stores are typically manufacturer-branded stores such as Gap or Bon Worth grouped together in outlet malls . The invention of the factory outlet store is often credited to Harold Alfond , founder of the Dexter Shoe Company .
24-669: Woodburn Premium Outlets is an outlet mall in Woodburn, Oregon , United States . The complex, located between the cities of Portland and Salem on Interstate 5 , opened in 1999 as the Woodburn Company Stores . Owned and operated by Simon Property Group , the center has over 350,000 square feet (33,000 m) of retail space. Initially costing $ 20 million, Woodburn Company Stores opened with 243,000 square feet (22,600 m) of retail space in August 1999. The center
48-487: A "Compare At" or "Comparable Value" price which indicates the outlet retailer's estimated full price of similar products at regular stores, but in many cases the specific product has never been available at that higher price point. Outlet stores often have more stringent return policies than regular stores, and manufacturers will typically not allow returns or exchanges for products purchased at outlets stores at their regular stores. Vaughan Mills Vaughan Mills
72-476: A 32,000 square feet (3,000 m ) store in the mall. StyleSense and NASCAR Speedpark were closed in early 2012. They have been replaced by Calvin Klein and Legoland Discovery Centre . In 2018, Japanese retailer Uniqlo announced an expansion to open four new locations in malls, including Vaughan Mills, which opened on September 28, 2018, in the former HR2 location (which had opened in 2013). The mall
96-521: A combined 245 stores and services. The shopping centre was intended to be a stepping stone for American retailers who wanted to enter the Canadian market, however Bass Pro Shops Outdoor World was the only U.S. retailer to make its exclusive launch there, while other anticipated retailers such as Bed Bath & Beyond and Burlington Coat Factory never opened at Vaughan Mills. In September 1999, Bed Bath & Beyond and Sun & Ski Sports were among
120-467: A final total area of 388,378 square feet (36,081.5 m) for the center. The company S.D. Deacon has been the general contractor of the mall's construction during all phases. For the Christmas holiday shopping season in 2012, the center reached 100% occupancy. In 2012, the center had its highest total of visitors in its history, with 4.5 million people visiting the center. Simon Property Group bought
144-517: A portfolio of malls across the United States. JPRA served as the design architect for the centre, with Bregman + Hamann Architects as the project architect. Like its American counterparts, Vaughan Mills incorporates a " race track " layout to maximize the exposure of the mall tenants. When Vaughan Mills was conceived in 1999, it was meant to be a slightly larger complex at 1.4 million square feet (130,000 m²), with up to 18 anchor retailers and
168-453: Is a York Region Transit (YRT) transit terminal located at 1 Bass Pro Mills Drive, near the northeast corridor of Vaughan Mills near the intersection of Rutherford Road and Jane Street. The terminal has oneRide ticket machines. Only YRT routes connect to this terminal. Ivanhoé Cambridge stated in 2011 that their strategic plan was to have four sister malls in Canada, with Vaughan Mills as
192-623: Is a regional outlet mall located at the southeast quadrant of the Highway 400 and Rutherford Road interchange in Vaughan , Ontario , just south of Canada's Wonderland . It is one of the largest enclosed shopping centres in Canada , and the largest shopping mall in York Region with almost 1.3 million square feet (120,000 m ) of retail space. The complex has over 200 retail stores, restaurants, and entertainment outlets. The mall
216-533: Is served by York Region Transit bus routes at the Vaughan Mills Terminal , with frequent service to Vaughan Metropolitan Centre subway station , the northern terminus of Line 1 Yonge-University of the Toronto subway , 2 kilometres (1.2 mi) to the south along Jane Street . The shopping centre was designed and built by Ivanhoé Cambridge and Mills Corporation , the latter of which owned
240-403: The 1930s. Factory stores started to offer damaged or excess goods to employees at a low price. After some time, the audience expanded to include non-employees. In 1936, Anderson-Little (a men's clothing brand) opened an outlet store independent of its existing factories. Until the 1970s, the primary purpose of outlet stores was to dispose of excess or damaged goods. In 1970, Vanity Fair opened
264-836: The Portland Union Bank of California , the Portland Hilton Hotel , the Lake Oswego Hilton Garden Inn , to the mall and back. Round-trip fare was $ 20. After low demand during that trial period, the service was discontinued. The center added another 27,402 square feet (2,545.7 m) of space costing $ 5.1 million opened in February 2009. Its last expansion, consisting of public restrooms and 16 retail spaces, broke ground in February 2012 and opened seven months later. Costing $ 10 million, it added 38,569 square feet (3,583.2 m) for
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#1732790576616288-637: The U.S. generated $ 15 billion in revenue from 260 stores. The number of U.S. outlet centers increased from 113 in 1988 to 276 in 1991 and to 325 in 1997. Outlet malls are not an exclusively American phenomenon. In Canada, the Dixie Outlet Mall dates from the late 1980s, and was followed by Vaughan Mills in 1999, and Toronto Premium Outlets in 2013. In Europe, retailer BAA McArthurGlen has opened 13 malls with over 1,200 stores and 3 million square feet (about 30 hectares) of retail space; describing itself as an "outlet village", Bicester Village , on
312-525: The center in June 2013 from developer Craig Realty Group and changed the name from Woodburn Company Stores to Woodburn Premium Outlets. The outlet is the largest tax-free shopping outlet in the Western United States. It is one of Oregon 's most popular tourist attractions with 4.4 million visitors recorded in 2011. Outlet mall Outlets first appeared in the eastern United States in
336-637: The edge of the town of Bicester in Oxfordshire in England, is a regular stop for bus-tours of foreign tourists, especially from China. Stores have also been emerging in Japan since the mid to late 1990s. A majority of the products sold by clothing and accessory manufacturers at outlet stores are specifically manufactured for outlets using lower-quality materials and manufacturing processes than their higher-priced products sold in regular stores. Tags may list
360-714: The first Bass Pro Shops Outdoor World location in British Columbia announced as the first anchor tenant. Ivanhoé Cambridge had originally planned to build what would have been called Laval Mills in Laval, Quebec near Montreal, at the intersection of Quebec Autoroute 440 and Quebec Autoroute 25 . However, after three years of planning and analysis, these plans were abandoned in May 2011 citing that their criteria of feasibility and profitability were not met, partly because environmental issues as construction would have disrupted
384-650: The first in the GTA built in the 21st century. The mall had its two-millionth visitor less than two months after its opening. Vaughan Mills receives over 13.5 million patrons per year. In August 2006, the Mills Corporation sold its stake in Vaughan Mills to partner Ivanhoé Cambridge . In January 2013, plans were announced for an expansion of 150,000 square feet and 50 new stores to the mall, which opened in late 2014. On March 17, 2016, Saks Off 5th opened
408-638: The first multi-store factory outlet center in Reading, Pennsylvania . Outlet stores enabled manufacturers to directly enter the retail field themselves and capture more of the profit associated with their brand names. Very few outlet centers were built within major cities, in order to minimize disruption to manufacturers' existing relationships with department stores and other chain stores which had traditionally sold their merchandise. To avoid "retaliation" against manufacturers from such retailers, outlet centers were often positioned at least 20 to 30 miles from
432-472: The first, and additional locations to be located near Calgary, Vancouver and Montreal. CrossIron Mills , located outside of Calgary, Alberta, opened on August 19, 2009. It has a number of the same retailers as the Vaughan Mills Mall, including Bass Pro Shops. The CrossIron Mills location opened in the spring of 2009, several months ahead of the main mall. The construction, leasing, and opening of
456-631: The mall has paralleled Vaughan Mills to a degree, as it, too, has occurred during an economic recession. Tsawwassen Mills , located in Delta, British Columbia, at Highway 17 and 52nd Street on Tsawwassen First Nation Lands south of Vancouver. Construction began in January 2014 and the mall opened on October 5, 2016. Tsawwassen Mills is designed in a similar format to its sister malls and includes approximately 111,500 square metres (1,200,000 sq ft) of retail. Plans call for 16 anchor retailers, including
480-495: The nearest department store, along major highways between metropolitan areas or in resort or recreational areas. Throughout the 1980s and 1990s, outlet centers grew rapidly in the United States. A typical outlet center in the U.S. is opened with between 100,000 and 200,000 square feet (about 1 to 2 hectares) of retail space. This can gradually increase to 500,000 to 600,000 feet (around 5 hectares). The average outlet center has an area of 216,000 square feet. In 2003, outlet malls in
504-494: The river from Woodbridge . A grist mill was later added to the site. This area was known as "Vaughan Mills" in historical maps and was located around where the present-day Vaughan Mills Road crosses the Humber River in the west end of the city, a notable distance away from the today's shopping mall complex. The farm and surrounding lands were redeveloped into residential housing in the 1990's. The Vaughan Mills Terminal
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#1732790576616528-556: The six American retailers that were announced as Vaughan Mills' first anchor tenants. An ESPN X Games Skatepark was also planned as the main entertainment venue site. Construction of the mall began in June 2003. It opened on November 4, 2004, and was the first regional enclosed shopping complex to be opened in the Greater Toronto Area (GTA) since the Erin Mills Town Centre in 1990 as well as
552-617: Was expanded by 66,500 square feet (6,180 m) of space which opened in November 2003. An additional 23,700 square feet (2,200 m) added in November 2005 cost $ 1.6 million and included Nike, Inc. as an anchor to the outlet mall. The complex was a target of a large shoplifting ring in 2006. Between the Memorial Day and Labor Day weekends in 2007, a shuttle bus service called the Woodburn Outlet Express ran from
576-407: Was named following a trend by one of the real estate companies involved, The Mills Corporation, who named their "Landmark" mall developments ending in "Mills", hence "Vaughan Mills" was used for the mall name. The local origins of the name "Vaughan Mills" can be traced back to the location of a saw mill built near a farm on the main branch of the Humber River on Lot 12, Concession 8 in the 1830's, up
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