Monday, November 25, 2019

If you offer good value in retail, you’re winning. Everyone else is in trouble

CNBC
A wave of good and bad retail earnings reports in recent days highlights one key theme for the industry: Value is winning.

Target, Walmart, T.J. Maxx owner TJX and Nordstrom’s off-price Rack business were bright spots in a tumultuous landscape that’s been beaten down with bankruptcies, store closures and management upheaval.

The results from Macy’s, Kohl’s and J.C Penney were much less merry.. . . more