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Management|ANALYSIS Featured

How TJ Maxx and the likes are stealing America’s middle class’ hearts

Retail experts in the US are in clear agreement: off-price retailers - such as T.J. Maxx and Marshalls’ parent group TJX Cos., Ross Dress for Less, Burlington Coat Factory, and Nordstrom Rack - have replaced mainstream mall players and stolen the middle-income shoppers’ hearts. "The challenge is that American consumers went into frugality mode...

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