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.
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English Joins Burlington Board Of Directors
Burlington Stores has appointed Ted English, former president, CEO and director of The TJX Companies and current executive chairman of Bob’s Discount Furniture, to its board of directors.
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.
Moody’s: Off-Price Retail Will Outpace Competition
According to a Moody’s Investors Service sector in depth report, off-price retail’s ability to deliver major label brands at significant discounts to value-hungry consumers will continue to provide a leg up on the competition, with the home business making a contribution.
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…
RMS Holiday Conference: Sales Will Gain, With Creating Experiences Critical
What’s the outlook for holiday 2015 and, perhaps even more importantly, which retailers are most likely to have a successful…
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…
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…
TJX Buying Australian Off-Price Retailer Trade Secret
The TJX Cos. has signed a definitive agreement to purchase Trade Secret, an off-price retailer operating 35 stores in Australia,…
Outgoing Chairman Cammarata Celebrated At Upbeat TJX Annual Meeting
At the TJX annual meeting last week in Framingham, MA, Carol Meyrowitz, the company’s CEO, praised Bernard Cammarata, the outgoing…
TJX Grows Comps, Net Income In Q1
For the first quarter ended May 2, The TJX Companies, Inc. posted net income of $474.6 million, or 69 cents…
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…
T.J. Maxx Adds Miami Store Location
T.J. Maxx is adding a new store in Miami, making it the 20th store in the Miami/Fort Lauderdale area for…