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You Can Thank Millennials for the Off-Price Surge

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

Fueled by broad demographic appeal, off-price is looking at taking an even larger piece of the apparel shopping pie. Both Ross and TJX ended Q2 above plan with Ross reporting 5-percent comp growth and TJX announcing consolidated comp store sales up 6 percent over the prior-year period. In both cases, the companies credit the growth…

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