Report: Led by T.J. Maxx, off-price apparel poised for bigger gains

A new analysis from Morgan Stanley says that the coming months are likely to be good for discount clothing stores like TJX Cos., which owns T.J. Maxx and its Marshalls brand. However, for mall-based stores, especially Gap, there's likely weakness ahead. Apparel companies had a strong start to 2021. Who didn't want to get a little dressed up after all that takeout, Netflix and remote work?