Walmart & other discount, off-price stores report strong sales — FootwearNews.com

Consumers are seeking bargains, which is why discount and off-price stores have strong full-year outlooks:

“Ross Stores, Walmart and TJX Companies, which owns T.J. Maxx and Marshalls, all raised their full-year outlooks last week after reporting stronger than expected sales in the second quarter. These retailers, which live in the off-price and discount sector, benefited from a value-focused trend pushing consumers to save where they can during an uncertain economic environment.“

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