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Nike factory outlet stores are among the most popular in the country. They carry a mixture of last season's styles along with items made specifically for the outlet. Because of this mixture, it can be hard to determine where in the store the deals are located. You'll save the most money on the back wall, termed the "Hash Wall", at all Nike factory store locations. It's where they stock all last of inventory shoes, as well as B-grade shoes. B-grade meaning shoes that may have a scuff mark on them or may have been returned after being worn once. These shoes are often sold at a slight discount, but you can get a better deal by approaching a sales associate and pointing out the flaw. Start by asking for an additional 20% off the asking price, and depending on the imperfection, you stand a great chance of getting it, or something close.

If you shop smart and do your homework, outlet stores can be a great place to save money. But the allure of outlet malls can also get you to overspend. Maximize your savings by knowing the different types of outlet stores available and where to find the best deals and coupons within.