Investment Thesis
Off-price retailers generate the bulk of their total sales from brick-and-mortar stores, a negative for the public during this pandemic. However, the markets are missing the opportunities that off-price retailers will have in the near future - particularly with other retailers and suppliers liquidating their out-of-season merchandise to off-price retailers, at rock-bottom prices. Their main value propositions of offering customers low prices and a treasure-hunt shopping experience, combined with strong company fundamentals and financial stability during recessions, make off-price retailer stocks a great addition to a long-term investor's portfolio.