First-quarter results released by three retailers Thursday added more evidence the ongoing recession has been far easier on off-price firms than their department store counterparts.
Bargain-hungry shoppers helped Ross Stores Inc., the nation’s second largest off-price retailer behind The TJX Cos. Inc., boost both sales and profits in the quarter. However, the pricier — albeit increasingly promotional — department store sector saw two of its occupants, The Bon-Ton Stores Inc. and Stage Stores Inc., check in with losses that came, respectively, against a smaller loss and a profit a year ago.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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