NAICS Code 455219-39 - Factory Outlets (Retail)

Marketing Level - NAICS 8-Digit

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NAICS Code 455219-39 Description (8-Digit)

Factory Outlets (Retail) is a type of retail store that sells a wide range of products, including clothing, footwear, accessories, home goods, and electronics. These stores are typically located in outlet malls or shopping centers and offer discounted prices on brand-name merchandise. Factory Outlets (Retail) are known for offering high-quality products at lower prices than traditional retail stores. These stores are popular among bargain hunters and those looking for a good deal on high-end products.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 455219 page

Tools

Tools commonly used in the Factory Outlets (Retail) industry for day-to-day tasks and operations.

  • Price scanners
  • Cash registers
  • Barcode scanners
  • Inventory management software
  • Point of sale (POS) systems
  • Security cameras
  • Shopping carts
  • Handheld radios
  • Price guns
  • Label makers
  • Hangers
  • Clothing racks
  • Shelving units
  • Display cases
  • Mirrors
  • Lighting fixtures
  • Cleaning supplies
  • Box cutters
  • Tape dispensers
  • Shopping bags

Industry Examples of Factory Outlets (Retail)

Common products and services typical of NAICS Code 455219-39, illustrating the main business activities and contributions to the market.

  • Clothing Outlets
  • Shoe Outlets
  • Home Goods Outlets
  • Electronics Outlets
  • Accessories Outlets
  • Luggage Outlets
  • Beauty Outlets
  • Toy Outlets
  • Sports Equipment Outlets
  • Pet Supplies Outlets
  • Furniture Outlets
  • Kitchenware Outlets
  • Bedding Outlets
  • Jewelry Outlets
  • Sunglasses Outlets
  • Watch Outlets
  • Perfume Outlets
  • Giftware Outlets
  • Stationery Outlets
  • Art Supplies Outlets

History

A concise historical narrative of NAICS Code 455219-39 covering global milestones and recent developments within the United States.

  • Factory outlets have been around since the early 20th century, with the first outlet store opening in 1936 in Pennsylvania. However, the industry really took off in the 1980s when manufacturers began to use them as a way to sell excess inventory directly to consumers at discounted prices. This led to the development of outlet malls, which became popular shopping destinations for bargain hunters. In recent years, factory outlets have faced increased competition from online retailers, but they continue to be a popular shopping option for consumers looking for deals on brand-name merchandise. In the United States, the factory outlet industry has seen significant growth in recent years. According to a report by the International Council of Shopping Centers, outlet centers in the US saw a 3.6% increase in sales in 2019, outpacing the overall retail industry. This growth has been driven by a number of factors, including the rise of off-price retail and the increasing popularity of outlet malls as tourist destinations. Despite the challenges posed by the COVID-19 pandemic, the factory outlet industry is expected to continue to grow in the coming years.