TJ Maxx Reveals How It’s Perfectly Poised To Fend Off Amazon And The Retail Apocalypse
by MR Magazine Staff
Oct 15, 2019
TJ Maxx and its off-price siblings — Marshalls, Homesense, and HomeGoods — have become some of the few legacy brick-and-mortar retailers that have been able to withstand the threat of Amazon and e-commerce in general. In the past two years, Marmaxx — TJ Maxx and Marshalls — has seen continued same-store sales growth while other brick-and-mortar chains such as department stores have struggled with the growing shift to online sales. Some department stores have leaned on their own off-price concepts to boost sales growth. So why has the off-price model been so successful in the age of online shopping? Read more at Business Insider.