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

📆 14-04-24 20:16:00
📰 CNBC

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

KOHLS CORP DRN Nouvelles

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.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

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?
La source: CNBC - 🏆 12. / 72 Lire la suite »