Why Amazon can`t touch Ross and TJMaxx


Why Amazon can`t touch Ross and TJMaxx


As department stores, specialty stores and big box retailers retrench, discount chains are growing.

Ross (ROST), a clothing and home decor chain, recently opened 30 stores and plans to add 70 more this year. It`s aiming for 2,500 stores eventually, up from about 1,500 today.

TJX Companies (TJX), the parent of TJ Maxx, Marshalls, and HomeGoods, is opening 238 stores this year, and Burlington Stores (BURL) is opening up to 40.

The discounters, also known as off-price sellers, are expanding their physical footprints, even as Americans shop more online and most brick-and-mortar retailers pour cash into their digital operations...

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RSK: Awe yes...the thrill of the hunt...bargain hunt that is.

Ken Notes: I think Kohl`s is using this as well...

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- - Volume: 6 - WEEK: 32 Date: 8/7/2018 8:50:48 AM -