The CEO of TJX Companies – the retail giant behind TJ Maxx, Marshalls, and HomeGoods – said in a recent earnings call that these brands could benefit from President Donald Trump’s proposed round of tariffs on $US300 billion worth of Chinese goods. This is because consumers may flock to budget […]
Fred’s is closing 104 stores and beginning liquidation sales. The stores are spread across 13 states, mostly in the southeastern United States. Visit Business Insider’s homepage for more stories. Discount-store chain Fred’s announced on Thursday that 104 more of its stores will close this year. “These additional store closures are […]
TJ Maxx is thriving in today’s retail climate. One reason for that is its low prices. TJ Maxx’s parent company, TJX Companies, reported on November 20 that comparable sales were up 9% at TJ Maxx and Marshalls in the most recent fiscal quarter. Here’s how TJ Maxx keeps its prices […]
TJ Maxx, like many other off-price retailers, is thriving. Parent company TJX Companies reported on November 20 that comparable sales were up 9% at TJ Maxx and Marshalls in the most recent fiscal quarter. TJ Maxx has benefited from a disappearing middle class, shoppers’ love for discounted products and the […]
Bónus is a chain of discount grocery stores based in Iceland. I took a trip to the land of the ice and snow last month and needed to grab a few incidentals here and there. The Icelanders that I spoke to all recommended shopping at Bónus for its low prices. […]
Dollar General has reported 29 consecutive years of growth. In its fourth-quarter results, reported earlier this month, same-store sales were up 4%. The dollar chain is bucking the retail trend and expanding rapidly in the United States. It plans to open 975 new stores in 2019 and remodel 1,000. It […]
TJ Maxx is the United States’ largest off-price chain and is known for being a bargain hunter’s paradise offering 20% to 60% off designer clothing. To advertise its discounts, TJ Maxx tags items with its own price versus what it would cost at a full-price retailer. A group of four […]
Macy’s is doubling down on its off-price concept, Backstage, which sells many of the same brands as a typical Macy’s store, but at a steep discount. In a call with investors on Wednesday, Macy’s CEO Jeff Gennette said the retailer will have rolled out this concept to 120 stores by […]
Target and TJ Maxx shoppers love these stores because of the treasure-hunt shopping experience that they provide. Both are known for their addictive shopping experience. They’re frequently featured in memes about going into a store to make one purchase but ending up buying far more. We visited two stores in […]
Dollar Tree and Dollar General are the largest dollar stores in the United States and are neck-and-neck in terms of store count and annual sales. Based on numbers alone, the two chains are almost identical. However, there are some big differences in the shopping experiences you’ll have at these stores. […]
Macy’s says it’s adding its off-price concept, Backstage, to 100 more stores this year. Backstage, which has been compared to TJ Maxx and Nordstrom Rack, sells Macy’s brands at steeply discounted prices of up to 80% off. Macy’s has also copied discount retailers by rolling out self-service models in its […]
Instant gratification is all the rage now...
Ross Stores, a discount chain that competes with TJ Maxx and Marshalls, continues to post strong sales. It’s a rare bright spot in a struggling retail industry. But a visit to a Ross store in Richmond, Virginia, showed products in complete disarray. Ross Stores has been deemed a “retail treasure” […]
Ross Stores is breaking all the rules of...
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