TJX sales may surge in 2023 on bargain hunting for top fashion brands

By Ananya Mariam Rajesh and Aatrayee Chatterjee

(Reuters) – TJX Cos Inc is likely to see a strong growth in annual sales as inflation pushes bargain-hungry but brand-conscious customers to off-price retailers offering cheaper deals and promotions.

The expected surge in demand for companies such as TJX, Ross Stores and Burlington Stores Inc follows a dull 2022 in which pandemic-weary consumers refreshed their wardrobes by splurging in U.S. department stores and retailers.

But their spending spree took a blow from soaring prices, forcing a large section of customers to curb their purchase of discretionary items such as high-end apparel.

“Off-prices are a great place to get branded merchandise at much cheaper prices than you would get at the department store or other full price retailers,” Edward Jones analyst Brian Yarbrough said.

Graphic: Off-Price Retail Foot Traffic


But heaving discounting may not be enough. Rising demand for

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Remarkable Tips in Choosing Best Clothing Stores in Canada

Choosing the best clothing stores in Canada could be challenging and time-consuming. So we have compiled a list of 6 remarkable tips and tricks to help you make things a little easier on yourself. These tips should save you hours of research and ensure you get the best possible shopping experience for your money.

1. Location

When you are ready to begin your shopping expedition, it is a good idea to start by determining the best location. Various factors can ultimately decide your decision, but providing you with the best bang for your buck will be vital for long-term success. Safety and security are two factors that you should always consider before any shopping trip. You would want to make sure you are purchasing from a well-lit and well-positioned, Nicelocal store so that you can easily access your items when it comes time to pay and leave. Nor would

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