The Ugly Truth About Outlet Stores Will Break Your Heart: "Executives from Off 5th, which carries brands like True Religion and Alice + Olivia, told investors last year its products are 10 percent leftover Saks inventory, 25 percent private-label goods, and the rest mostly merchandise created for the stores by "brand-appropriate" vendors. While price tags on outlet goods may list a manufacturer-suggested retail price (known as an MSRP) or, a "valued at" price, that’s little more than a number ascribed by the retailer and doesn’t mean it was ever sold for such a sum in an actual full-price retail location. (Giant discounters like T.J. Maxx and Nordstrom Rack also label prices this way.)"
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