Q3 Retail Sales: Long Live Off-Price & Mass, Death to Department Stores

We are in the midst of earnings season. Results thus far can be summarized in the title: Long Live Off-Price & Mass, Death to Department Stores. All Department Stores have posted negative year over year comps/sales results. All of Off-Price regardless of banner continues to do well. And lastly, the Mass Chains like Target and Walmart prove they have the digital savviness and ability to land grab what’s lost in the Department Stores. Nothing that new here, will keep everyone updated as the dollar stores report. In the meantime, an updated comp sales chart.