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off-price
[ awf-prahys, of- ]
adjective
- offering or dealing in goods, especially brand-name apparel, at prices lower than those at regular retail stores or discount stores.
- designating, of, or pertaining to such merchandise:
off-price designer jeans.
Word History and Origins
Origin of off-price1
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.
"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.
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