Luxury brands are cleaning up their image -- and it could be bad news for TJ Maxx

Business Insider/Mary Hanbury TJ Maxx has reported 21 consecutive years of growth and is considered a bright spot in the retail industry. Some high-end brands are sending less inventory to off-price stores in an effort to make over their images. This could potentially hurt TJ Maxx in the future. TJ Maxx has defied the retail apocalypse: it reported same-store sales growth for21 consecutive years, and early in 2017, it announced plans to open 1,800 stores globally. But the tide may be turning as ...