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

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

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Occupational Safety and Health Administration (OSHA) Certification: This certification is required for factory outlets to ensure that they comply with OSHA regulations and maintain a safe working environment for employees. The certification is provided by the US Department of Labor and can be obtained through OSHA training courses.
• Environmental Protection Agency (EPA) Certification: This certification is required for factory outlets that deal with hazardous waste or chemicals. It ensures that the outlet complies with EPA regulations and maintains a safe environment for employees and customers. The certification is provided by the EPA and can be obtained through EPA training courses.
• National Retail Federation (NRF) Certification: This certification is not mandatory but is highly recommended for factory outlets. It provides training in retail management, customer service, and sales techniques. The certification is provided by the NRF and can be obtained through their training programs.
• Retail Industry Leaders Association (RILA) Certification: This certification is not mandatory but is highly recommended for factory outlets. It provides training in retail management, supply chain management, and sustainability practices. The certification is provided by RILA and can be obtained through their training programs.
• Better Business Bureau (BBB) Accreditation: This accreditation is not mandatory but is highly recommended for factory outlets. It ensures that the outlet maintains high ethical standards and provides excellent customer service. The accreditation is provided by the BBB and can be obtained through their accreditation program.

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.

The anticipated future trajectory of the NAICS 455219-39 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Factory Outlets (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for discounted products and the rise of e-commerce. The industry is also expected to benefit from the growing trend of experiential shopping, where consumers are looking for unique shopping experiences. However, the industry may face challenges due to the increasing competition from online retailers and the changing consumer preferences. To stay competitive, the industry players may need to focus on providing a unique shopping experience, offering a wide range of products, and leveraging technology to enhance the customer experience.

Recent groundbreaking advancements and milestones in the Factory Outlets (Retail) industry, reflecting notable innovations that have reshaped its landscape.

• Virtual Shopping: Some Factory Outlets (Retail) have started offering virtual shopping experiences to their customers, where they can browse and purchase products online and pick them up in-store or have them delivered to their homes.
• Personalized Shopping: Some Factory Outlets (Retail) are using technology to offer personalized shopping experiences to their customers, where they can get recommendations based on their preferences and purchase history.
• Social Media Marketing: Many Factory Outlets (Retail) are using social media platforms to promote their products and engage with their customers. They are also using social media influencers to reach a wider audience.
• Sustainable Products: Some Factory Outlets (Retail) are focusing on offering sustainable products to their customers, which are eco-friendly and socially responsible.
• Mobile Payments: Many Factory Outlets (Retail) are adopting mobile payment systems to make the checkout process faster and more convenient for their customers.