Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site.... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

37 minutes

Market Outlook: Off-Price Is On Top as Growth Continues

Primary Analyst:
Anand Kumar, Associate Director of Retail Research
Contributors
Primary Analyst:
Anand Kumar, Associate Director of Retail Research
Market Outlook

What's Inside

Currently, the US off-price retail sector is experiencing significant growth and transformation driven by both supply-side expansions and evolving demand dynamics. Off-price retailers have solidified their presence in the US retail landscape by appealing to a wide range of budget-conscious consumers and tapping into diverse demographics as consumers across income brackets seek to maximize their purchasing power.

Coresight Research explores the size and trajectory of the US off-price retail market and the key factors impacting its growth. We also cover the overall market’s competitive landscape, innovators and themes we are watching in 2024 and beyond.

Data in this research report include:

  • The size and year-over-year changes of the US off-price sector, 2019–2028E
  • US Consumer Price Index for the apparel, cosmetics, food and housing categories, January 2023–March 2024
  • Revenues, market shares, store counts and gross selling space of major US off-price retailers, 2019–2023
  • Proprietary survey data on which major US off-price retailers are shopping with, as well as data on cross-shopping patterns among off-price shoppers

Companies mentioned in this report include: Amazon, American Eagle Outfitters, Burlington Stores, Dollar General, Five Below, Macy’s, Nordstrom, Ross Stores, Shein, Target, Temu, The TJX Companies, Walmart

Other relevant research:

You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us