Thursday, January 4, 2018

The off-price sector, long retail's favorite, could be losing steam in 2018

The entrance to a T.J. Maxx store in Miami, Florida.Retail's darling could be in trouble in the new year.

As shoppers have flocked to off-price stores like TJ Maxx and Marshalls for a less-expensive, one-stop shopping fix, sales mushroomed and put added pressure on America's department stores.

For much of 2017, Wall Street cheered the unique "treasure hunt" experience these stores provide, saying the model is largely "Amazon proof" and difficult to replicate online.. . . more

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