While many of retail’s iconic stores slowly shutter, others are thriving more than ever.
Winners of the retail game include T.J. Maxx, Ulta, Ikea, and Dollar Tree. They have found ways to offer experiences that appeal to customers in stores and online.
T.J. Maxx has become a go-to for millennials who enjoy sifting through racks of low-cost, high-end brands. They have to visit regularly as they don’t know what they will find.
Beauty chain Ulta opened 100 new stores last year and plan to continue expanding. Beauty was the fastest growing retail category last year.