Tuesday, November 14, 2017

Some Big Retailers Are Still Betting On Brick and Mortar

Some of the biggest growth in brick-and-mortar stores is coming from discount retailers, like TJX, the parent company of T.J. Maxx and Marshalls. E-commerce may offer convenience and instant gratification. But shoppers are still willing to go into a store to hunt for a good bargain.

In August, TJX said that over the “long term” there was an opportunity to open as many as 5,600 stores, up from the 1,700 the retailer currently operates.. . . more

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