FRAMINGHAM, Mass. — After racking up the biggest year-over-year profit increase in the firm’s 33-year history, The TJX Cos. Inc. hopes to extend the winning streak with a new off-price retail concept set to debut in spring 2011.
At its annual meeting at its headquarters here Wednesday, TJX, the largest off-price retailer in the U.S. with $20.29 billion in 2009 sales, declined to divulge details about the project until the third quarter but indicated the new business will stay within its core categories — principally apparel, accessories and home merchandise — and has the potential for 100 stores.
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?"