Be sure to check out our detailed stock analysis (click here). The biggest benefactors of the recent struggles of J.C. Penney should be the off-price retailers, as these retailers have snatched up the majority of Penney's lost market share. Let's take a look at them.
Kohl's (NYSE: KSS) is one of the major discount department stores, operating some 1,127 stores in 49 states. Kohl's and its peers, Ross Stores (NASDAQ: ROST) and The TJX Companies (NYSE: TJX), have the competitive advantage of offering a wide array of brand name and fashion merchandise at prices that are generally 20% to 60% below other major retailers.