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off-price

[ awf-prahys, of- ]

adjective

  1. offering or dealing in goods, especially brand-name apparel, at prices lower than those at regular retail stores or discount stores.
  2. designating, of, or pertaining to such merchandise:

    off-price designer jeans.



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Word History and Origins

Origin of off-price1

First recorded in 1980–85
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Example Sentences

Not, as one veteran Orioles player told the Baltimore Banner, like a fan scouring off-price retailers for deals.

At the off-price Nordstrom Rack stores, revenue dipped a more modest 1.8%, in line with estimates from analysts surveyed by Bloomberg.

The off-price chain represents only about a third of total revenue, so progress is needed at the Nordstrom brand, where sales of $2.05 billion were short of the average estimate by roughly $100 million.

The company, which sells off-price clothing and home products, raised its annual earnings forecast after topping third-quarter sales and profit expectations.

From Reuters

"We remain confident in the resilience of the off-price sector... especially given consumers' heightened focus on value and convenience," said Ross CEO Barbara Rentler.

From Reuters

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off planoff-pricer