Is Discounting Really the Best Thing Happening in Brick-and-Mortar Retail?
The retail industry has been under siege the last few years, and 2017 is on pace to see the worst losses yet. At the midpoint of the year, brick-and-mortar stores were closing at the fastest pace ever.
A few retail chains are bucking the trend, though, and steadily opening new locations. What has been the key to their success?
Bargain-bin discounting.
Source: Fool.com
Ross Stores Inc. Stock
€132.34
0.420%
The stock is an absolute favorite of our community with 29 Buy predictions and no Sell predictions.
With a target price of 148 € there is a slightly positive potential of 11.83% for Ross Stores Inc. compared to the current price of 132.34 €.
