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Coronavirus Claims a New Retail Victim: Outlet Stores

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

China’s coronavirus outbreak could be taking a toll on yet another sector in retail: brick-and-mortar fashion outlets. A slowdown in sales at outlet stores selling fashion, footwear and accessories could be due in part to reduced activity from so-called “bulk buyers,” a category of shoppers previously called “diverters” who buy product in a large quantities…

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