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Tag: offprice
Why J. Crew is taking on off-price giants like T.J. Maxx, Nordstrom Rack
2015-07-13 22:39:31| Apparel - Topix.net
Amid declining revenues at its flagship brand, J.Crew Group is adding a new, lower-priced division of retail stores to be called J. Crew Mercantile in a move that echoes other retailers' efforts to appeal to consumers looking for bargains. The first store is set to open in late July at The Shops at Park Lane in Dallas, with more stores planned for 2015 and 2016, although the precise number was not disclosed when the news was announced Friday.
Off-price to outperform US apparel sector
2015-07-02 13:54:00| Daily apparel & textile news and comment - from just-style.com
Off-price apparel is set to continue to outperform the overall US apparel and home sector for at least the next five years, a new report suggests.
Tags: apparel
sector
outperform
offprice
Macys Tests Off-Price Concept with 4 Pilot Stores
2015-05-21 14:00:00| National Real Estate Investor
Macys Inc. has dipped its toe in the off-price business with four pilot stores in metro New York City. The stores, which will operate under the Macys Backstage banner, will average about 30,000 sq. ft. They will open this fall. read more
Tags: stores
tests
concept
pilot
Macy's focuses on off-price as FY earnings grow
2015-02-25 15:56:00| Daily apparel & textile news and comment - from just-style.com
US department store retailer Macy's has reported its sixth consecutive year of double-digit earnings growth and is turning its focus to additional earnings growth initiatives such as off-price expansion.
Tags: grow
earnings
focuses
macys
Off-price model strength boosts TJX and Ross Stores
2015-02-24 09:59:00| Daily apparel & textile news and comment - from just-style.com
Solid results are expected for apparel retailers TJX Companies and Ross Stores, analysts have said, thanks to the ongoing resilience and competitive strength of the off-price business model.
Tags: model
stores
strength
ross