Off-Price Retailers
Off-price retailers are stores that sell brand-name products at discounted prices. They typically acquire excess inventory, discontinued items, or products from previous seasons, allowing them to offer significant savings to consumers. Examples of off-price retailers include TJ Maxx, Marshalls, and Ross Dress for Less.
These retailers attract budget-conscious shoppers looking for quality items without paying full price. Their inventory often changes frequently, providing a treasure-hunt shopping experience. By focusing on value, off-price retailers have carved out a niche in the retail market, appealing to a wide range of customers seeking deals on clothing, home goods, and more.