Cash-crunched consumers looking for deals on off-price brands helped propel Burlington Stores to an almost double-digit sales increase, the company said Thursday (Aug. 24). Burlington Stores revealed that its fiscal 2023 second-quarter total sales grew by 9% year over year (YoY), to $2.17 billion. Comparable...
TJX has pulled off its 16th consecutive quarter of growing customer traffic to its stores — this time powered by deep discounts that brought younger shoppers to its doorstep. Unlike many of its peers in physical retail, TJX has weathered the last several uncertain years...
March 07, 2024
Online retailer Beyond has acquired Zulily, saying the move will boost its position in the off-price market. Zulily, a flash sale promoter and eCommerce retailer, will join Overstock and Bed Bath & Beyond in its new owner’s portfolio, Beyond said in a Thursday (March 7) press release. “This acquisition doubles down on our belief in the off-price market, and its importance to building […]
August 22, 2018
TJX has pulled off its 16th consecutive quarter of growing customer traffic to its stores — this time powered by deep discounts that brought younger shoppers to its doorstep. Unlike...
