Amazon can’t compete with off-price retailers, JPMorgan says
Bulk Inventory Buyers viaCNBC.com JPMorgan upgrades off-price retailer Ross Stores to overweight. Off-price retailers — TJ Maxx owner TJX, Ross Stores and Burlington — are expected to see incremental sales growth of $18 billion to $19 billion by 2021, the firm predicts. Department stores have lost roughly $25 billion in sales on a combined basis […]
Amazon can’t compete with off-price retailers, JPMorgan says Read More »