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18.09.2014 14:31:00
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Moody's: Growth of off-price retailers like T.J. Maxx, Marshall's, Ross Stores and Burlington's double that of broader US retail sector
New York, September 18, 2014 -- The three largest off-price retailers (TJX , Ross Stores and Burlington) will see above-average growth, in the 6%-8% range, over the next five years, compared with 4% growth for the broader retail industry, Moody's Investors Service says in a new report. The leaders in the space have thousands of vendor relationships and significant scale, so supply constraints aren't likely to hinder their growth.
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