THE OFF-PRICE EDGE

Summary from the TLDR Founders newsletter

Fancy discount stores like TJ Maxx are having a moment. They've got a winning formula. First, they buy nice items for cheap. Then they keep costs down with no-frills stores. It's a double whammy that keeps profits up and customers hooked. Now the big retailers are racing to copy them. In the future of retail, the smart money is on the treasure hunt.