tj maxx

Retail
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.

Financials
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.

Retail
First Insight: Retailers Driving Markdown Mania

According to a study from First Insights, a pricing technology solutions firm, bargain hunting is having a big effect on retail prospects today, with 45% of women who responded to a survey stating that they must see a markdown of 41% or greater to even enter a store today.