Q2 Retail Comp Sales Recap: Department Stores vs Off-Price & Dollar Stores

Majority of the results are in. Quarterly results are best told in charts. Department stores struggled with only JC Penney posting a positive year over year result:

Off-price retailers posted at least a 4% increase year over year with Burlington and Nordstrom Rack posting the best results of 5.4% and 5.3% respectively. Dollar stores remained positive but have definitely slowed in the past few quarters:

The latest round of results continues to highlight the shift happening specifically within brick & mortar from traditional department stores to off-price and dollar stores. Here is a chart depicting that shift over the last four quarters: