Each quarter I update a chart detailing their comp sales increases/decreases to better understand where the pockets of growth are coming from and who is gaining share.
The latest quarter saw some increases from the struggling Department Stores sector. Note that the optimism for several retailers including Kohl's and Macy's comes as a result of pulling marketing events into the first quarter. The gains would have been marginally higher otherwise.
Off Price retailers like Ross, Burlington and TJ Maxx continue to shine and have yet to reach the saturation point everyone fears and seem to be fending off Amazon for now. With the shrink in department stores, that spend has to go somewhere. I would expect this trend to continue.
The Warehouse Club retailers like Costco and Sam's Club continue to do well as well. Costco has been especially strong in sales along with a strong membership base. I would also expect this trend to continue.
See the breakout below.
