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OFF PRICE RETAIL MARKET ANALYSIS

Off Price Retail Market, By Product Category (Apparel and Footwear, Home Goods, Electronics, Beauty and Cosmetics, and Others), By Price Range (Low-end, Mid-range, and High-end), By Demographics (Men, Women, and Children), By Distribution Channel (Brick-and-Mortar Stores, and Online Retail), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : May 2024
  • Code : CMI6007
  • Pages :165
  • Formats :
      Excel and PDF
  • Industry : Smart Technologies

Key Developments

  • The first HalfPrice store in Latvia opened in the first half of 2023 in Riga. HalfPrice is an off-price retail chain that sells a wide range of name-brand products at up to 80% off the recommended retail price.
  • In 2022, TJX Companies acquired Sierra Trading Post for USD 6.8 billion. This acquisition gives TJX a major presence in the outdoor apparel market.
  • In 2022, Ross Stores acquired dd's Discounts for USD 2.8 Bn. This acquisition gives Ross a larger presence in the Midwest and South.
  • In 2022, Nordstrom partnered with Amazon to open a number of Nordstrom Rack stores inside of Amazon This partnership gives Nordstrom a way to reach a wider audience, while Amazon gets access to Nordstrom's high-end merchandise.

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