What's Inside

Coresight Research’s new US Off-Price Retail Store Insights quarterly series covers the recent performance of Burlington Stores, Ross Stores and The TJX Companies, highlighting trends in comparable sales, revenue, trending product categories and areas of note by management.

In this report, we look at the performance of the three retailers in in their most recently reported quarter (the fourth quarter of the fiscal year ended January 30, 2021—4Q20 for Burlington and Ross; 4Q21 for TJX) and discuss relevant fiscal-year highlights. As this is the first report in our new series, we provide an overview of the companies and their retail banners in the appendix.

Click here to read our US Department Store Insights, 4Q20 report, which covers the recent performance of Kohl’s, Macy’s and Nordstrom.

Content

US Off-Price Retail Insights

4Q20: In Detail

Comparable Sales: Sequential 4Q20 Comp Improvements and Stimulus-Driven Sales in January

Revenue: Year-over-Year Declines but a More Positive Second Half of 2020

Product Categories: Home and Gifts Are Trending

Areas of Note by Management

What We Think

Appendix: Overview of the Off-Price Companies and Retail Banners