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Off-price
Off-price is a trading format based on Discounts and allowances, discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount compared to other stores which purchased an initial run. Among the largest retailers of this type are TJX Companies and Ross Stores. The model is more common in countries that import fashion-oriented or household goods, as the discount role in producer countries is usually filled by factory outlets or small-scale open-air marketplaces. Characteristic features The term applies to fashion retail. Off-price is different from other special pricing formats (such as outlet store and discount store) in that one store might contain a great deal of products, price rates and trademarks. The range of goods is usually measured in millions of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marshalls
Marshalls, Inc. is an American chain of discount store, off-price department stores owned by TJX Companies. Marshalls has over 1,000 American stores, including larger stores named Marshalls Mega Store (stores operating with HomeGoods combined), covering 49 states and Puerto Rico, and 61 stores in Canada. Marshalls first expanded into Canada in March 2011. Marshalls is one of the largest U.S. off-price family apparel and home fashion retailers, along with its sister company, TJ Maxx. Its slogans are ''Your Surprise Is Waiting'' and ''Never Boring, Always Surprising''. History Independent company Marshalls traces its history to 1956, when Alfred Marshall (businessman), Alfred Marshall gathered a group of entrepreneurs on the East Coast of the United States, East Coast, including Bernard Goldston, Norman Barren, and Irving Blitt (Frank Estey and Bernard Ribas joined the entrepreneurs in 1960 by purchasing Bernard Goldston's shares), to collectively start up the "Brand Names For ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Backstage Macy's Dadeland Mall Miami
Backstage may refer to: * Backstage (theatre), the areas of a theatre that are not part of the house or stage Film and television * ''Back Stage'' (1917 film), a silent film starring Oliver Hardy * ''Back Stage'' (1919 film), a silent film starring Buster Keaton * ''Back Stage'' (1923 film), a silent ''Our Gang'' short * ''Backstage'' (1927 film), a silent comedy feature starring William Collier Jr. and Barbara Bedford * ''Limelight'' (1936 film), a British musical also known as ''Backstage'' * ''Backstage'' (1939 film), an Italian comedy film * ''Backstage'' (1988 film), an Australian film * ''Backstage'' (2000 film), a rap concert documentary * ''Backstage'' (2005 film), a French film directed by Emmanuelle Bercot * ''Backstage'' (2021 film), an Indonesian film * ''Backstage'' (South African TV series), a 2000–2007 South African youth-targeted soap opera television series * ''Backstage'' (Canadian TV series), a 2016–2017 Canadian television drama series about a performing art ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volatility (finance)
In finance, volatility (usually denoted by "sigma, σ") is the Variability (statistics), degree of variation of a trading price series over time, usually measured by the standard deviation of logarithmic returns. Historic volatility measures a time series of past market prices. Implied volatility looks forward in time, being derived from the market price of a market-traded derivative (in particular, an option). Volatility terminology Volatility as described here refers to the actual volatility, more specifically: * actual current volatility of a financial instrument for a specified period (for example 30 days or 90 days), based on historical prices over the specified period with the last observation the most recent price. * actual historical volatility which refers to the volatility of a financial instrument over a specified period but with the last observation on a date in the past **near synonymous is realized volatility, the square root of the realized variance, in turn c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Companies
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sierra Trading Post
Sierra Trading Post, Inc., doing business as Sierra, is an online and brick-and-mortar retailer of off-price merchandise operated by the TJX Companies. The Framingham, Massachusetts–based company offers products in categories such as outdoor recreation, fitness and adventure gear, and apparel, along with footwear, clothing, and home decor. Sierra sells merchandise through 78 retail stores as of November 2022 and a company website. It carries products from approximately 3,000 name-brand manufacturers. Sierratradingpost.com launched in December 1998 and was included in the "Internet Retailer Top 400 List" in 2004 and the "Top 500 List" in 2005, 2006, 2007, 2010 and 2011. History Sierra Trading Post was founded in Reno, Nevada, in 1986, and headquartered there until 1992. The original company had of office space. The existing stores average of operating space. On January 12, 2009, as a result of the 2008 financial crisis, the company laid off approximately 130 employees at th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HomeGoods
HomeGoods is a chain of home furnishing stores headquartered in Framingham, Massachusetts Framingham () is a city in the Commonwealth (U.S. state), Commonwealth of Massachusetts, United States. Incorporated in 1700, it is located in Middlesex County, Massachusetts, Middlesex County and the MetroWest subregion of the Greater Boston .... HomeGoods sells furniture, linens, cooking products, art, and other home accessories. HomeGoods is owned by TJX Companies and is a sister company to T.J. Maxx, Sierra Trading Post, and Marshalls. The size of each store varies by location. There are locations in the United States that combine both the HomeGoods and the T.J. Maxx or Marshalls store brands in one building. History HomeGoods was founded in 1992 by TJX and grew to include hundreds of locations throughout the United States. In Canada and Europe, the parent company of HomeGoods operates a similar home furnishing chain called HomeSense. In August 2017, TJX announced the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saks Off 5th
Saks OFF 5TH, formerly Saks Fifth Avenue Off 5th, is an American off-price department store chain founded in 1990, and a sister brand to the luxury department store chain Saks Fifth Avenue. Both chains were owned by holding company Saks, Inc., acquired by the Canadian-founded Hudson's Bay Company in 2013, and spun-off into Saks Global in 2024. Saks Off 5th grew throughout the United States before expanding into Canada in 2016. It competes with off-price department stores including Burlington, Macy's Backstage, Nordstrom Rack, Ross Dress for Less, and the TJX Companies. , Saks Off 5th operates 98 off-price department stores across 22 U.S. states: Arizona, California, Connecticut, Florida, Georgia, Hawaii, Illinois, Massachusetts, Maryland, Michigan, Minnesota, North Carolina, New Hampshire, New Jersey, Nevada, New York, Ohio, Oregon, Pennsylvania, South Carolina, Texas, and Virginia; Washington, D.C.; and 4 Canadian provinces: Alberta, British Columbia, Manitoba, and Ontario. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Century 21 (department Store)
Century 21 Department Stores LLC is an American chain of department stores, headquartered in New York City, which had 13 locations in the northeastern United States at the time of its closing in 2020. In 2023, the flagship center next to the World Trade Center (2001–present), World Trade Center reopened. History The company was founded in 1961, by Syrian Americans, Syrian Jews, Sonny Gindi, Ralph I Gindi, and Al Gindi. The original store is located at 472 86th Street in Bay Ridge, Brooklyn. Founder Al Gindi's son, Raymond Gindi, served as Century 21's chief operating officer. The Century 21 flagship location is at 22 Cortlandt Street in Lower Manhattan, New York City, New York (state), New York, United States of America, a site of the former Cortlandt Street (Manhattan)#Buildings, East River Savings Bank (eventually merged into Marine Midland Bank and today into KeyBank). It occupies the base of a 34-story office tower, and it has recently added a Financier Patisserie coffee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tuesday Morning
Tuesday Morning Corporation was an American household merchandise discount home goods store headquartered in Dallas, Texas. Founded in 1974, Tuesday Morning once had over 700 locations across the country and advertised itself as having high quality products at low prices. History Tuesday Morning was established in 1974 by Lloyd Ross. Ross worked with manufacturers to buy their excess merchandise and host limited-time warehouse sales to offer these goods at a discount to the public. Tuesday Morning moved to a pop-up retail location in 1979 with seasonal events. Tuesday Morning went to full-time retail operations in 1979 and went public in 1984 with 57 stores. At its peak in 2018, Tuesday Morning operated over 700 locations and had sales of over $1 billion. Tuesday Morning focused on discount home goods. In May 2020, following extended store closures due to the COVID-19 pandemic, Tuesday Morning filed for Chapter 11 bankruptcy reorganization and was delisted from the NASDAQ. Du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TK Maxx
TK Maxx is a discount clothing and homewares retailer, founded in 1994. It is currently based in Watford, England. It is owned by American retailer TJ Maxx, who could not trade under the initials "TJ" in the United Kingdom due to the British discount chain T. J. Hughes. TK Maxx has since expanded across Ireland, the Netherlands, Germany, Austria, Poland and Australia, and also trades as Homesense. History In 1976, TJ Maxx was founded in Framingham, Massachusetts, United States, by Bernard Cammarata. The first international store opened in Bristol, UK, in 1994. The company modified the name to TK Maxx to avoid confusion with the unrelated British retail chain T. J. Hughes. Opening of stores in the Netherlands between 1999 and 2001 was not as successful as the company wished. The first store in Germany opened on October 4, 2007, in Lübeck. In 2007, TK Maxx began winding down new store openings in the United Kingdom. Focus was given to revamping or relocating older inner c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nordstrom Rack
Nordstrom Rack is an American off-price department store chain founded in 1973. It is a sister brand to the luxury department store chain Nordstrom. , Nordstrom Rack operates 348 stores in 41 U.S. states. History In 1973, the company opened its first store in Seattle as a clearance outlet full-line store. The first Nordstrom Rack location was in the basement of a downtown Seattle Nordstrom store. Its website was launched in February 2014 by HauteLook, which was acquired by Nordstrom in 2011. The Nordstrom Rack e-commerce site was built on a shared platform with HauteLook, which is Nordstrom's flash sale business. Nordstrom Rack makes up about a fifth of Nordstrom's overall sales. Since 2013 Nordstrom Rack has generated over 2.5 billion dollars in sales. On March 22, 2018, Nordstrom Rack opened its first store in Canada, which began its global expansion. All seven Nordstrom Rack stores in Canada closed on May 14, 2023, following Nordstrom's exit from the country. On De ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
