News Formal

Off-price retail is poised to keep taking market share. Why is TJX's stock stuck?

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 17 min. at publisher
  • 📊 Quality Score:
  • News: 58%
  • Publisher: 72%

KOHLS CORP DRN أخبار

Macy's Inc,Dillard's Inc,Nordstrom Inc

The ongoing challenges for department stores keep playing into the hands of off-price competitors like TJX — even if its stock hasn't keep pace.

Off-price is not going off-trend anytime soon. That might not be clear based on recent trading in TJX Companies' stock. Club holding TJX Companies and rival Ross Stores are well-positioned to keep stealing market share from other retailers, particularly department stores, UBS said in a recent note, keeping a years-long trend in the industry alive.

Off-price is not going off-trend anytime soon. That might not be clear based on recent trading in TJX Companies' stock.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Why the stock market sold off Tuesday and how investors can decide when to buySo, with stocks declining and cash at the ready, the question is, when do we step in?
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »