We visited a Ross and a TJ Maxx and while the former was far messier, both showed why discount shopping is the future of retail


Ross purses

Ross Stores and TJ Maxx are two major discount chains.
Both stores offer designer items for cheaper than regular stores and sell a variety of items, from clothes to home goods.
We visited a Ross store in Davie, Florida and a TJ Maxx in New York City and while Ross was clearly messier, both showed why discount shopping is the future of retail.
Sign up for Business Insider’s retail newsletter, The Drive-Thru.
Visit Business Insider’s homepage for more stories.

More than 1,700 stores are already set to close in 2020 including Pier 1 Imports, Sears, Kmart, and Forever 21.

But discount stores like Ross and TJ Maxx have largely managed to avoid meeting the same grim fate as other retailers.

Ross Stores Inc. has a history of posting strong sales and most recently reported an 8% rise in third-quarter sales to $3.8 billion in November. TJX Cos., TJ Maxx’s parent company, regularly reports strong quarterly sales growth as well and various celebrities including Taylor Swift have been known to find deals at the store.

Both stores attract shoppers with large selections of designer and popular brands for less than the regular price. Both stores also sell everything from clothes to home goods, making it a convenient location to shop for a variety of occasions.

We visited a Ross store in Davie, Florida and a TJ Maxx in New York City to see check out why off-price chains are winning over shoppers. Ross was clearly messier, but both stores proved that discount shopping is the future of retail.

Here was our experience:

SEE ALSO: We visited Ross and saw why its messy stores haven’t prevented the discount chain from thriving

SEE …read more

Source:: Business Insider

(Visited 1 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *