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NRF 2023: Saks Off 5th Says Resale ‘Not Just a Trend, it’s a Lifestyle’

"Eighty percent of our customers want the opportunity to purchase resale at Saks Off 5th as a trusted…

Got Excess Inventory? Who Ya Gonna Call?

Ghost takes an anonymous approach to liquidating merchandise.

Nordstrom Is Trying to Premiumize Rack

"Ninety percent of the top brands at Nordstrom are sold at Nordstrom Rack," the CEO said of the growth…

Burlington CEO Ready to Move on From ‘Execution Mistakes’

On a GAAP basis, Burlington Stores' total sales fell 11 percent versus a 30 percent increase in the third…

Why Ross CEO Doesn’t Think ‘Supply Bubble’ Will Burst

Ross CEO Barbara Rentler said merchandise is available across categories and brands as the buying environment…

Why People Might Soon Be Paying More at Marshalls

The owner of TJ Maxx and Marshalls isn't so sure if inflation is forcing shoppers to switch to cheaper goods.

Tuesday Morning Shakes Up Leadership

The executive changes come less than two months after the company got $32 million in rescue funding from…

For Off Price Retail, This Year and Next Could Be Polar Opposites

Wells Fargo retail analyst Ike Boruchow investigates the trends at play in retail and what they mean for off…

Pier 1 Owner Rescues Cash-Strapped Tuesday Morning

The $32 million financing deal will bring the off-price chain online for the first time and allow it to sell…

Will Walmart and Target’s Price Cuts Lure Shoppers Away From Ross?

The question came up on the off-price retailer's quarterly earnings call Thursday.

TJX’s Problem? ‘Holding Back Merchants From Buying Too Much, Too Soon’

Charging customers more for off-price merch is working out pretty well for TJX, according to CEO Ernie…

Off-Price Retail Just Made This ‘Rare’ Move

Off-price retailers seem to be taking a page out of the department store playbook after riding high on the…

Bankruptcy Chatter Heats Up Around Tuesday Morning

The off-price home goods chain's financial chief is on her way out, adding fuel to the fire that a second…

Macy’s Moves Full Speed Ahead With Off-Mall Stores

Macy's also will open its first-ever dual Market by Macy's and Macy's Backstage off-price location this fall.

Off Price Chain Tuesday Morning Gets $10 Million to Pay Down Debt

After emerging from Chapter 11 bankruptcy last year, the off price retailer has new funding to move forward.