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Is Inflation Beaten? Depends on Where You Look
This week will bring more readings on consumer prices from Japan, the UK and Eurozone, plus a financial update from Tapestry, fresh off its acquisition of Capri. That, plus what else to watch for in the coming days.
The New Rules of Off-Price Retail
Downturns typically mean a boom for discount retailers. But a glut of unsold merchandise and a surging resale sector are creating new pressures in the market.
T.J. Maxx-Owner Forecasts Current-Quarter Comparable Sales to Drop Up to 20%
The retailer, struggling with its supply chain, reported a second-quarter decline in sales too.
The Off-Price War Heats Up
From stalwarts like T.J. Maxx and Nordstrom Rack to venture-backed newcomers and online luxury resellers, a multitude of discount retailers are all vying for a piece of the growing off-price market, which will thrive amid the lingering global recession.
TJ Maxx Says Sales Recovering After Coronavirus Slump
The off-price chain is better positioned than some of its department store competitors.