Outlet stores are one of the most popular destinations where people can find amazing deals on various products. These stores offer items at lower prices than their traditional retail counterparts. Apart from the term, outlet store, there are many other synonyms used for these shops. One of the most common synonyms is a factory store. These stores typically sell items that are directly from the manufacturing plants. Another term used for a store that is selling discounted merchandise is clearance store. They offer items that are being discontinued or are out of season. Discount store, bargain store, and sales outlet are other synonyms for outlet stores.