Off-Price Quarterly Results Showcase Benefits Of ‘Essential Retailer’ Status
Retail TouchPoints
MAY 28, 2020
While the retailer incurred additional expenses from associate bonuses and other COVID-19-related expenditures, Dollar General was able to reduce markdowns, on top of benefiting from increased purchase volume. TJX, which shut down both its stores and web site, reported net sales of $4.4 of net sales, compared to 22.5% in Q1 2019.
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