US immigration policy could hurt off-pricers

Quick Summary:

Burlington, TJX and Ross stand to benefit from tariffs and consumer angst, but one of their most important customer bases is under extreme pressure.

The retailer’s momentum, which Wells Fargo analysts led by Ike Boruchow see as the strongest of the three off-price giants, could be stymied by rising uncertainty in the economy, but some macroeconomic forces could work in its favor, according to both analysts and executives.

Ross is especially vulnerable to losing sales because of the pressures on Hispanic consumers, according to Evercore and Wells Fargo analysts.

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Article Details

Author / Journalist: Daphne Howland

Category: Business

Markets: United StatesChinaMexico

Topics: Stores Sales Analysts Ross Tariffs Year Off-price Store Company Retailers Income

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 10:59:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 1352 words

Reading Time: 8 minutes read

Sentences: 43 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 26955143

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About Retail Dive

Main Topics: Business

Official Website: retaildive.com

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News Last Updated: 22 hours ago

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