Retail

Off Price Retailers Lead the Pack

Posting positive results for May, off-price retailers Ross, Inc. and TJX Cos. continue to lead the pack in strong retail sales. Pleasanton, CA-based Ross Inc. reported May same-store sales at an increase of 8%, topping estimates for a growth of 5.3%. Total sales were $746… Read More

Read More Read more
Business

Daffy’s May Not Pay Invoices

Recent reports indicate that discount retailer Daffy’s is having severe financial woes. According to WWD, buyers were told to “go on vacation,” recent orders have been canceled, and Daffy’s might be refusing to pay its May invoices. Crain’s New York Business reported that the company… Read More

Read More Read more