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Rob Carrick’s Reader: Why outlet stores are so cheap

Item number three on a list of six retailing secrets is that outlet stores are so cheap because they sell lower quality goods that aren’t the same as you’d buy in regular stores.

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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

How retailers and supermarkets eat your lunch
Item number three on this list of six retailing secrets is that outlet stores are so cheap because they sell lower quality goods that aren't the same as you'd buy in regular stores. Also, how supermarkets trick you to buy stuff you don't really want or need.

Superheroic investing
Suggestions on how investors can profit from the boom in superhero movies and TV shows.

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Hard times for renters
The Canadian Mortgages Trends blog looks at how the federal government's recent move to lower the maximum amortization period for government– insured mortgages to 25 years from 30 will make housing less affordable for some prospective buyers. Net result: More renters, lower vacancy rates and upward pressure on rental costs.

More money
Join the 14,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998.Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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