The TJX Cos. Inc. reported lower third-quarter profits and reduced full-year projections even as the company said Tuesday it would aggressively pursue merchandise and store locations in the weakened retail climate.
TJX buys excess inventory from vendors and other retailers and sells it at a discount. And just as the company takes advantage of the excess inventory in the industry, Carol Meyrowitz, president and chief executive officer, said TJX would also use its financial might to buy real estate that opens up as other businesses fail.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"