In the old days (when gasoline was under $1/gallon), factory outlet stores were located near the factories, and offered serious savings.  Today, outlet stores are a whole shopping category, with dedicated "outlet malls" all over.  Shopping these malls is irresistable for most bargain shoppers, but there are some things you need to know to really save.
1. Much of the merchandise sold at outlets is specifically made for the outlets.  These products are often of a lower quality than the same branded merchandise you’ll find at regular retailers.  Department store outlets, like Off Fifth and Last Call are most likely to have clearance merchandise that actually did time on a regular retail floor.
2. Some outlet prices are no better than the sale prices at regular retailers.  Don’t assume you’re getting a bargain if you don’t know what the merchandise regularly sells for.
3. True factory second,  irregular, past-season and overrun merchandise does show up at the outlet malls.  Inspect these items carefully before purchasing, and make sure you understand the return policy.

Chelsea Premium Outlets is a chain that runs the most impressive outlet malls around the country, with 45 centers in 23 states, plus Mexico and Japan.  If you’re an outlet shopper, you probably know them.  What you may not know, is that they have free VIP coupon books that offer additional savings opportunities. Members of AAA and many other associations get them by just asking for them at the management office. Everyone else can get one by signing up for their VIP program online.  Combine that with their upcoming Columbus Day Weekend Sale event, and you can save so much you could go broke.