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Item number three on a list of six retailing secrets is that outlet stores are so cheap because they sell lower quality goods that aren’t the same as you’d buy in regular stores. (George Doyle/Getty Images)
Item number three on a list of six retailing secrets is that outlet stores are so cheap because they sell lower quality goods that aren’t the same as you’d buy in regular stores. (George Doyle/Getty Images)

Personal Finance Reader

Why outlet stores are so cheap Add to ...

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

How retailers and supermarkets eat your lunch
Item number three on this list of six retailing secrets is that outlet stores are so cheap because they sell lower quality goods that aren’t the same as you’d buy in regular stores. Also, how supermarkets trick you to buy stuff you don’t really want or need.

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Superheroic investing
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Hard times for renters
The Canadian Mortgages Trends blog looks at how the federal government’s recent move to lower the maximum amortization period for government– insured mortgages to 25 years from 30 will make housing less affordable for some prospective buyers. Net result: More renters, lower vacancy rates and upward pressure on rental costs.

More money
Join the 14,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I’m also on Twitter.

 

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