Off-price is a retail trading format based on special pricing. It denotes selling a wide range of original goods from well-known brands with a tangible benefit to customers. Off-price stores usually offer reduced prices when compared to the goods’ cost in other shopping areas.
Some of the biggest off-price retailers include TJX (TJ Maxx, Marshalls, and HomeGoods stores), Ross Stores, Burlington Coat Factory, Big Lots, Filene’s Basement and DSW (Designer Shoe Warehouse) in the brick and mortar space, as well as Overstock.com and Bluefly.com in the online space
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