Off-price retail sector remains bright spot
March 11, 2020In a recent article appearing in National Real Estate Investor, Liz Wolf wrote, “The U.S. off-price retail sector remains a bright spot in the turbulent retail environment plagued with bankruptcies and store closings. Off-price chains continue to buck the trend that’s negatively impacting many flailing bricks-and-mortar retailers. They boast rising same-store sales and growing physical footprints, and many are even looking to grow online.” And it’s no surprise to many in the industry that OnSite Retail Group client, The TJX Companies, Inc. (parent company of T.J. Maxx, Marshalls & HomeGoods), is leading the pack in same-store sales growth.
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