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 Nachrichten

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.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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?
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »