Also, the environment is conducive to off-price stores.
Investors who picked up on the potential of off-price stores early this year when their stock prices were cheap are crowing.
While shoppers clearly know what off-price stores have to offer, the picture is somewhat more murky for investors.
Its off-price store, Off Fifth, is in 43 locations.
By the time the recession ended and the economic boom began, off-price stores had become rooted in the retail landscape.
Shoppers in off-price stores usually expect discounts of 30 to 75 percent.
Some high-end designer clothes are sprinkled through the off-price retail stores.
The company also owns retail and off-price stores.
Part of the off-price stores' success is a result of consolidation within that segment the last year.
It also operates retail stores, including some off-price stores.