Ross, TJX and Gap Pivot as Consumer Spending Shift Poses Challenges

As consumers remain cautious with their spending amid ongoing economic pressures, leading retail companies encountered a mixed landscape in the third quarter. Ross Stores, TJX Companies and Gap reported varying results, with some challenges tied to shifting consumer behaviors and signs of resilience in the off-price and value segments.Ross Stores Faces Slower Sales Growth, Merchandising ChallengesIn its third-quarter earnings report, Ross Stores reported sales reaching $5.1 billion, a slight increase from$ ...