Friday, February 27, 2009

Off-Pricers are in High Demand

More consumers are heading over to off-pricers for discounted prices these days. This recent article on highlights how off-pricers like T.J. Maxx and Ross Stores are in high demand.

Not only though are people going to these stores but premium brands are beginning to dump a lot of their goods into these stores in order to get rid of inventory. Brian Tunick, an analyst at JP Morgan mentions, "You can clearly argue that the mid-tier department stores have no pricing integrity. Nothing goes out the door at full price, and that plays right into what the off-pricers do."

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