Free Data Graphic 2 minutesFree Report

Coresight Bites: US Off-Price Retail Sector—Outlook Clouded by Inflation Impacts

Print Friendly, PDF & Email

Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here

  • In the first half of 2022, the off-price sector was negatively impacted by inflation, and the three major off-price retailers all lowered their same-store sales expectations for the year.
  • We expect the overall off-price sector (including Nordstrom Rack) to see a revenue decline of 0.1% year over year in fiscal 2022—the first time that revenue growth is set to be negative in more than 10 years.

Click the image below to read our full US Off-Price Insights report, covering trends in comparable sales, revenue, inflation impacts, inventory, categories and areas of note by management.