real-time news and commentary for investors
Thursday, Jan 3
The sweet spot of retail? With many larger department store chains struggling to keep up with...
The sweet spot of retail? With many larger department store chains struggling to keep up with sales targets and profits draining away from dollar store chains, Ross Stores (ROST +8.4%) and TJX Companies (TJX +3.5%) seem to be sitting pretty as they watch their sales grow steadily without crimping margins. The pair may also owe a tip of the hat to execs at J.C. Penney where the company's fancy transition drive out loyal customer in droves for fresh pastures.