TJX Reports $15 Billion Quarter in Off-Price Retail While Macy’s Closes 150 Stores
Off-price retailers like TJX, Ross, and Burlington are outperforming traditional retail by rejecting predictable algorithms in favor of treasure-hunt shopping experiences. With 51.9% of apparel visits and 6-8 week inventory turns, these retailers attract all income levels through scarcity, surprise,…
