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 Nieuws

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.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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?
Bron: CNBC - 🏆 12. / 72 Lees verder »