Off-price retailers shine as consumer moods sour

Marketplace

American Public Media

Business, News

4.6 • 8K Ratings

🗓️ 21 November 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

TJX, the parent company of off-price retailers T.J. Maxx, Marshalls, and HomeGoods, posted excellent earnings this week, while Target cut its sales forecast. “Off-price” means TJX sells excess inventory at a discount, which may be more attractive to increasingly stressed shoppers hunting for deals. Also in this episode: Political affiliation colors consumer sentiment, USDA cuts end a major revenue stream for small-scale farmers, and supply chains are unusually slow this holiday season.

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Transcript

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0:00.0	Worried about your future in tech?
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0:14.1	We're shattering the skills gap and shaping future generations of technologists.
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0:24.1	Ready to tap in?
0:25.9	Visit us at pluralsight.com to learn more.
0:31.6	On the program today, we will do that Friday thing that we do.
0:36.9	And then we'll talk about you.
0:38.9	Yes, you.
0:40.5	And why you are so discontent.
0:44.1	From American Public Media, this is Marketplace.
0:48.6	Thank you. In Los Angeles, I'm Kyle Rizdall Friday today, 21 November.
1:03.9	Good as always to have you along, everybody.
1:05.9	The data has started flowing, kind of.
1:09.0	So we have an idea of where this economy, well, where it was back in
1:13.6	September, that is where we're going to start today with Gregip at the Wall Street Journal. He is a one-man
1:17.7	show for us today. Hey, Greg. Hey, Kai. How are you? I'm well. So let's talk the September jobs
1:24.6	date. 19,000 new jobs. Unemployment rate ticked up to 4.4%. First of all, your gut on what it tells us.
1:33.1	Well, good news. We got more jobs in September than people were expecting, 119,000. Bad news, we learned that the number of jobs actually shrank in the month of August. So if you actually average those two
	...

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