Why Off-Price Retailers Are Managing Inventory Better Than Department Stores

Efficient inventory management is one of the key attributes of off-price retailers like TJX Companies (TJX) and Ross Stores (ROST). These off-price retailers maintain lean inventory levels to be able to take advantage of opportunities to acquire merchandise at substantial discounts. Such opportunistic buying helps off-price retailers offer bargain deals to consumers, which helps move inventory faster. Read more at Market Realist.