Wells Fargo analyst Ike Boruchow raised his price target for Ross Stores to $116 from $104 and maintained an Outperform rating, saying that while the majority of retail continues to struggle, the off-price
space continues to outperform.
retailer TJX Companies Inc (NYSE:TJX) reported second-quarter results Tuesday that were notable for EPS at the high end of guidance and comps that fell short of Street estimates.
retailer Sierra will open its new location in Frederick Saturday with a grand-opening celebration at the Riverview Plaza shopping center, 5425 Urbana Pike.
Dubai Festival City Mall, the leading destination for lifestyle, dining and entertainment, is welcoming the leading off-price
retailer, Brands For Less, to its exceptional retail portfolio.
Macy's is bringing its off-price
store to Metairie.
is looking for great priced items for gifting in brands that the consumer identifies with and sees the price value.
M2 EQUITYBITES-December 28, 2016-Warburg Pincus to Acquire Off-Price
Retailer Gabriel Brothers
retailers will continue to take share from department stores, Moody's Investors Service believes.
(Nordstrom) at 'BBB+' given that it has a well-developed offering and footprint in the full price, off-price
and online channels which should enable the company to generate mid-single digit top line growth over the intermediate term.
(NYSE: TJX) has closed its acquisition of Australian off-price
retailer Trade Secret from Gazal Corp.
Sales at its off-price
outlets are growing much faster as well, rising 15% in the most recent fiscal quarter, compared with a 3% increase at the traditional full-price stores.