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.
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Home Proving To Be Retail’s Shining Star
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.
Strong Store Traffic Boosts TJX Q2 Sales
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.
Report: Israel To Lead Macy’s Backstage
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.
Wanting Macy’s To Be Something More
If imitation is indeed the most sincere form of flattery, then there are a few retailers that should feel good about themselves.
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.
TJX Enjoys HomeGoods Lift In Sluggish Q1
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.
TJX Keeps Rolling Through Q4
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 Q3 Beats Wall Street Estimates
TJX beat Wall Street estimates in its third quarter, with growth in both comparable store sales and net sales.
Ernie Herrman, TJX Companies
The August 15 edition of HOMEWORLD BUSINESS® revealed the 11th Annual “Players,” people to watch in housewares during the next 12 months.
HomeGoods Drives Strong Q2 For TJX
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.
TJX Comp Sales Up 7% In Q1
As a number of leading U.S. retailers struggled through the first quarter of 2016, TJX Companies bucked that trend and…
HomeGoods Shines As TJX Posts Stellar Q4
The TJX Cos., for the fourth quarter ended January 30, posted net income of $666.5 million, or 99 cents per…
TJX Names Herrman CEO, Meyrowitz Executive Chairman
The TJX Cos. board of directors has officially elected Ernie Herrman CEO as part of a previously announced succession plan.…
TJX Beats Wall Street Estimate As Comps Rise In Q3
For the third quarter ended October 31, The TJX Cos. posted net income of $587.3 million versus $595 million in…
TJX Completes Trade Secret Acquisition
The TJX Cos. has completed its acquisition of Trade Secret, an offprice retailer that operates 35 stores in Australia, from…
Herrman To Replace Meyrowitz As TJX CEO
In the wake of former chairman Bernard Cammarata retiring and taking a reduced role in the company, the TJX Cos.…
Off-Pricers Power Value Retail’s Mainstream Momentum
Off-price is on a roll, as value retailing shows no sign of losing the momentum gained among frugal consumers despite…
The Off-Price Secret Is Out
The success of off-price retailing isn’t a new story. But it’s no longer the dirty little secret it once was…
TJX Maintains Sales Momentum In Q2
The TJX Companies, Inc. has announced that its net sales for the second quarter of fiscal 2016 increased 6% to…