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Largest US Discount Clothing-Focused Retailers Expect More Market Share in Pandemic

TJX Increases Capital Spending Plans, Eyes 'Real Estate Opportunities'
TJX's revenue is the largest of any U.S. discount retailer, at $41.7 billion last year, more than department store chains J.C. Penney and Macy's combined. (Getty Images)
TJX's revenue is the largest of any U.S. discount retailer, at $41.7 billion last year, more than department store chains J.C. Penney and Macy's combined. (Getty Images)
CoStar News
August 24, 2020 | 10:07 P.M.

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The two largest discount retailers of mostly apparel items in the United States are opening new stores at the same time that most of their competitors are closing locations and relying more on e-commerce.

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News | Largest US Discount Clothing-Focused Retailers Expect More Market Share in Pandemic