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

📆 15/04/2024 02.16.00
📰 CNBC

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

KOHLS CORP DRN Berita

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.

Tulis Komentar

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

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?
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »