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CPO’s online stores are known for their selection of power tools and accessories, as well as their selection of refurbished tools. CPO Commerce also operates specialty tool stores including CPOoutlets.com and Tylertool.com. [ 1 ] [ 2 ]
Houston Premium Outlets is an outlet mall in Cypress, Texas, United States. It is developed and owned by Simon Property Group. The mall started construction in May 2007 and opened on March 27, 2008, with 120 outlet stores. Houston Premium Outlets has about 430,000 square feet (40,000 m 2) of retail space. [1]
In 1992, Black & Decker began a major effort to rebrand its professional quality and high-end power tools to DeWalt. In 1994, DeWalt took over the German woodworking power tool producer ELU, and used ELU's technology to expand their tool line. As of 2001, they manufacture and sell more than 200 hand power tools and 800 accessories. [2]
Outlet stores sell Sears merchandise at discount. [13] Outlet stores are approximately 18,000 square feet and equipped with items such as home appliances, lawn and garden equipment, apparel, mattresses, sporting goods and tools. [3] Outlet stores sell discontinued, used, cosmetically blemished or reconditioned merchandise with new parts. [3] [14]
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The average outlet center has an area of 216,000 square feet. [2] In 2003, outlet malls in the U.S. generated $15 billion in revenue from 260 stores. The number of U.S. outlet centers increased from 113 in 1988 to 276 in 1991 and to 325 in 1997. [2] Outlet malls are not an exclusively American phenomenon.
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