Off Price Retailers

Burlington Stores Inc (NYSE: BURL) reported Wednesday with third-quarter results that arrived better than expected and helped push the stock higher by more than 10 percent. What Happened Burlington Stores said it earned $1.21 per share in Q3 on revenue of $1.63 billion versus expectations...

Ross Stores, Inc. (NASDAQ: ROST) shares were down more than 6 percent at the close Wednesday after the company delivered a strong fourth-quarter earnings report accompanied with a cautious outlook. Here's a summary of what some Wall Street analysts are saying after the print. Price...

Looking for a consumer stock pick for January? Analysts at William Blair highlighted four in a Tuesday note.  The Analysts William Blair's Sharon Zackfia, Jon Andersen, Dylan Carden, Ryan Domyancic, Daniel Hofki and Ryan Sundby. The Thesis William Blair's consumer near-term focus...

The case for owning off-price retail stocks like TJX Companies Inc (NYSE: TJX) two years ago no longer applies today for one key reason, at least according to Wells Fargo.  The Analyst Wells Fargo's Ike Boruchow downgraded TJX Companies' stock from Outperform to Market Perform...

A firsthand visit to many malls makes it clear that department stores are struggling — but not yet dead. The Expert Bloomberg Gadfly's Sarah Halzack. The Thesis The department store sector is certainly "not in good shape" as evidenced by the cumulative hundreds of store...

Burlington Stores Inc (NYSE: BURL)'s third quarter results were highlighted by another beat and raise, as the company continues to benefit from a shift in the retail landscape toward off-price retailers. The Analyst Morgan Stanley's Kimberly Greenberger maintains an Overweight rating...

Ross Stores, Inc. (NASDAQ: ROST) reported Thursday its third quarter earnings, which exceeded expectations by a notable margin. The Analyst Morgan Stanley's Kimberly Greenberger maintains an Overweight rating on Ross Stores' stock with a price target boosted from $70 to $77. The Thesis...

Can off-price retailers win the battle against the mighty Amazon.com, Inc. (NASDAQ: AMZN)? Simply put, yes — at least according JPMorgan's Matthew Boss. While it isn't a secret that Amazon is looking to enter the clothing and apparel space, Amazon's strategy is more akin to that of a full-...

It shouldn't come as much as a surprise in today's retail environment that stores who offer consumers an exciting and compelling reason to visit outperform those who don't. For example, the off-price chain TJX Companies Inc (NYSE: TJX) offer consumers the thrill of finding bargains with...

Macy's Inc (NYSE: M)'s stock plunged 17 percent on Thursday and hit a new multi-year low of $24.25. Investors and traders punished the stock after the department-store chain's earnings report contained many troubling metrics. Investors and Wall Street will now debate Macy's suitability as an...

Payless Inc., the seller of discounted shoes, could declare bankruptcy as soon as next week. According to a Bloomberg report, retail's latest casualty is expected to initially close up to 500 of its stores as part of a reorganization associated with its bankruptcy. The retailer, owned by...

Macy's Inc (NYSE: M), Sears Holdings Corp (NASDAQ: SHLD) and J C Penney Company Inc (NYSE: JCP) will close approximately 300 stores among themselves, which also happens to be the total number of stores off-price retailers plan on opening. According to a CNBC report, TJX Companies Inc (NYSE: TJX...

Troubled department store Macy's Inc (NYSE: M) has a game plan to regain some of the lost traffic and sales from other department stores, off-price retailers and online foes. Macy's president and incoming CEO Jeff Gennette offered a glimpse of what consumers can expect in the future....

Retail investors who think Amazon.com, Inc. (NASDAQ: AMZN) is Macy's Inc (NYSE: M)'s biggest threat are plain wrong, at least according to the fashion retailer's own chief financial officer. According to CNBC, Macy's CFO Karen Hoguet said on Wednesday at the UBS Consumer & Retail Conference...