All manner of retailers are losing sleep over Amazon — but not the off-price players.
No doubt Amazon’s “explosive growth” and online shopping are eating into sales and margins at both brick-and-mortar stores and malls, said Oliver Chen, retail analyst with Cowen & Co., in a July research note. But stores such as T.J. Maxx, Burlington Coat Factory and Ross Stores are “un-Amazonable,” he said. . . . more