TJX Reports Q1 Loss But Says Stores Are Reopening
COVID-19 disrupted TJX’s fiscal 2021 first quarter operations, but while posting a deep loss, the company reported reopening its store and e-commerce businesses.
homesense
TJX Furloughs Associates As Stores Remain Closed
As the company responds to the rapidly changing COVID-19 crisis, TJX has extended the temporary closure of its stores, distribution centers, offices, and e-commerce sites.
TJX Positioned For Holidays After Strong Q3 Sales Growth
For the third quarter, TJX kept rolling, pointing to customer traffic as driving its earnings and sales performance as the off-price retailer positioned its holiday marketing campaigns for the fourth quarter.
HomeGoods Comps Flat But TJX Q2 Meets Expectations
For the second quarter, HomeGoods comparable sales, which now include those for HomeSense stores in the U.S., came in flat even as overall TJX posted a positive 2% comp.
TJX Q1 Comps Gain
TJX enjoyed a strong first quarter performance, highlighted by a solid comparable store sales increase above the company’s expectations.
TJX Strengthens Comp Performance In Q4
TJX continued to strengthen its comp performance across all of its off-price banners in a strong fourth quarter.
TJX Generates Strong Sales In Q4, Fiscal Year
TJX ended the year on a high note, as the off price retailer generated strong sales and earnings in the fourth quarter and fiscal year.
A Feel-Good Retail Story Everyone Needs
Need a feel-good story about brick-and-mortar housewares retailing as we head into the heart of the holiday shopping season?
Weather Flattens TJX Q3 Comps But HomeGoods Gains
With weather impacting sales, TJX posted flat comparable store sales in the third quarter versus the period a year earlier, although HomeGoods comps gained.
A Store Tour: HomeSense Debuts With Furniture Focus
When TJX opened its first HomeSense store in Massachusetts in mid-August, consumers in the U.S. got a first look at the American version of the banner the company has operated in Canada and Europe for years— and what they likely noticed first was the abundance of furniture.
TJX Moves Forward With Aggressive Store Expansion Plans
As TJX Companies brings its HomeSense store concept to the U.S. with a total of four locations expected to open this year, the retailer also has larger expansion plans.
TJX To Open First U.S. Homesense Store In August
TJX will open its first Homesense store in the United States with the first location planned for Framingham, MA.
TJX Touts Future Growth, New HomeSense Concept At Annual Meeting
At the TJX annual meeting, Ernie Herrman, president and CEO of the company, said that it will continue to leverage its business model to generate traffic gains and additional comparable store sales as a means to build the business and boost its value for investors while, at the same time, developing new initiatives.
Depending On Housewares Again
Housewares veterans like to remind everyone how the category historically has been a dependable business, prone to neither steep gains during economic booms nor steep declines during downturns.
TJX To Open HomeSense Store Concept This Summer
TJX will bring its home store concept, HomeSense, to the U.S. later this summer, company officials said during its first quarter investor conference call.
Meyrowitz To Succeed Cammarata As TJX Chairman
Ben Cammarata will retire as board chairman of The TJX Companies as of the company’s annual meeting. Current plans call…
TJX Boosts Employee Salaries After Posting Strong Q4
On the heels of a Walmart action, TJX Cos. announced that it would change its pay structure for hourly employees…
TJX Elects Swanson To Board Of Directors
The TJX Companies, Inc. has elected William Swanson to its board of directors. Swanson is the former chairman and CEO…
TJX Q2 Better Than Wall Street Expectations
For the second quarter ended August 2, The TJX Cos., Inc. posted net income of $517.6 million, or 73 cents…