Luxury brands are cleaning up their image — and it could be bad news for TJ Maxx

pulse

January 8, 2018 5:22 PM

Popular brands like Ralph Lauren and Michael Kors are scaling back their presence in off-price stores.

TJ Maxx has reported 21 consecutive years of growth and is considered a bright spot in the retail industry.
Some high-end brands are sending less inventory to off-price stores in an effort to make over their images.
This could potentially hurt TJ Maxx in the future.

But the tide may be turning as the brands TJ Maxx stocks start to sharpen up their image and send less inventory to off-price stores.

pulse

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng