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RAB Research Archive

Amazon can't compete with off-price retailers, JPMorgan says



Here's a bright and booming sector within retail. Off-price retailers — TJ Maxx owner TJX, Ross Stores and Burlington — are expected to see incremental sales growth of $18 billion to $19 billion by 2021, according to JPMorgan. And that boost will primarily stem from the demise of department store chains, analyst Matthew Boss wrote in a recent note to clients.

Source: CNBC



View or Download: https://www.cnbc.com/2017/09/25/amazon-cant-compete-with-off-price-retailers-jpmorgan-says.html

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