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EBay announces summer outlet store

July 09, 2019 / Lisa Rowan

EBay has launched an online outlet store named the Summer Brand Outlet. The retail marketplace promises daily discounts of up to 70% off major brands with free shipping, according to a press release from eBay. The Summer Brand Outlet will run through the summer and kicks off with "Hot Deals for Hot Days" through July 22, a promotion the company previously announced. Brands like Samsung, Bose, Tiffany & Co., and Michael Kors are offering discounted items in the outlet."Our new outlet gives eBay customers amazing discounts on quality products from trusted brands they know and love," said Jay Hanson, vice president and COO of eBay Americas, said in the company's announcement. EBay states on their 2019 Fact Sheet that 79% of items sold on its platform are new.