Iconic luxury department store Harrods to open its first outlet location in a bid to shift excess stock that has built up in its store during the lockdownGet the Full StoryBarry Lewis InPictures via Getty Images
Iconic London-based luxury department store Harrods is opening its first outlet store.
The company said that the new location, which is opening in Westfield shopping center in Shepherd's Bush in July, will be devoted to selling this season's stock that has been trapped in its flagship store during the lockdown.
This is an industry-wide issue and many other retailers are being forced to offer steep discounts to clear excess inventory.
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Harrods one of the world's most exclusive luxury department stores announced plans to open its first outlet store in London as it looks to shift excess stock that has been building up during the lockdown.
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