
Strong shopper traffic across its four divisions was cited as the key factor for a strong first quarter for The TJX Companies.
Strong shopper traffic across its four divisions was cited as the key factor for a strong first quarter for The TJX Companies.
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.
Need a feel-good story about brick-and-mortar housewares retailing as we head into the heart of the holiday shopping season?
With weather impacting sales, TJX posted flat comparable store sales in the third quarter versus the period a year earlier, although HomeGoods comps gained.
TJX, through its T.J.Maxx, Marshalls and HomeGoods retail banners, has prepared a holiday promotion and contest, Gift My Gathering, that will provide five families with a custom holiday get-together.
The near future looks bright for off-price retailers, while department stores will continue to face challenges, according to a recent report from Moody’s Investors Service.
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.
The first eight months of 2017 have been focused on the retail apocalypse (overblown), the growing impact of Amazon and the struggles of department stores.
Second quarter sales at the TJX Companies were up as strong customer traffic across all its retail brands was cited as the primary driver of the company’s growth.
Michelle Israel has been promoted to lead Macy’s Backstage and Bloomingdale’s The Outlets off-price divisions, according to a report by WWD. She will hold the title of senior vice president overseeing both divisions.
If imitation is indeed the most sincere form of flattery, then there are a few retailers that should feel good about themselves.
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.
HomeGoods provided a lift in a first quarter, ended April 29, in which The TJX Cos. posted net income of $536.3 million, or 82 cents per share, versus $508.3 million, or 76 cents per diluted share, in the period a year earlier.
For the fourth quarter ended January 28, TJX Co. posted net income of $677.9 million, or $1.03 per diluted share, versus $666.5 million, or 99 cents per diluted share, in the year-before quarter.
TJX beat Wall Street estimates in its third quarter, with growth in both comparable store sales and net sales.
The August 15 edition of HOMEWORLD BUSINESS® revealed the 11th Annual “Players,” people to watch in housewares during the next 12 months.
TJX’s off-price retailing strategies are continuing to pay off, as the company posted strong net sales and earnings in the second quarter, with HomeGoods leading the way.
As a number of leading U.S. retailers struggled through the first quarter of 2016, TJX Companies bucked that trend and…
The TJX Cos., for the fourth quarter ended January 30, posted net income of $666.5 million, or 99 cents per…
The TJX Cos. board of directors has officially elected Ernie Herrman CEO as part of a previously announced succession plan.…