Thursday, March 9, 2017

NBC News: Millennials Are Doing Their Shopping at Dollar Stores and Discount Racks

March 7, 2017

Nicole Spector, reporter for NBC News, reported on Tuesday, March 7th that at the same time department stores are shuttering locations, off-price retailers like OnSite Retail Group client T.J. Maxx are expanding their brick and mortar presence. Spector wrote, “In March alone, T.J. Maxx (which already has upwards of 1,000 stores), is opening in a slew of new locations. The discount retailer, which declined to comment, has good reason to be optimistic: According to its last earnings report, its 2016 sales topped $33.2 billion, an increase of 7 percent.” 







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