Is TJX leading a Retail Recovery?

Discount department store operator TJX’s share price grew by 0.37%; or 22₵, to $59.39 by midday on 25 November 2019. Discount legend Target’s stock went from $110.47 on 19 November 2019 to $125.29 on 25 November 2019. Thus Target shares grew by $14.82 in less than a week.

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Did Another Retailer Just Collapse?

Yet another cause of Roundy’s near demise was a rather desperate attempt to create a chain of high-end markets designed to cater to upper-class customers in Chicago—Mariano’s. Mariano’s appeared to be the only part of the chain that was making money. Obviously, part of the reason for the Mariano’s experiment was to try to replace the lost middle-class customers.

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