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Wells Fargo Takes More Cautious Stance on Retail
Analysts at the bank said this is not the "'fantastical and magical' setup we had expected."
TJX to Sell Stake in Russian Retailer in Support of Ukraine
The off-pricer paid $225 million for 25 percent of Familia in 2019 and could take a loss on the position.
Forever 21, Ross, Walmart Among Brands With Negative Scores in Remake’s Accountability Report
Forever 21, Ross, Global Brands Group, Walmart and more are among the worst of the lot — earning negative…
New York City Shows Signs of Retail Recovery, Despite Office Vacancies
Several city leaders are seeing increased foot traffic in their neighborhoods and new stores opening.
As Companies Acknowledge Juneteenth, What Now?
Observing Juneteenth was widely marketed last year, but this year brands aren't being as proactive.
Everything You Need to Know as Retail Reopens
Signs of a retail reawakening abound where COVID-19 is easing.
TJX Sales Bounce Back, Off-pricer Continues to Gain Share
The parent to T.J. Maxx and Marshalls logged first-quarter sales of more than $10 billion.
TJX CEO Ernie Herrman’s $14.5 Million Compensation Package
The head of the T.J. Maxx and Marshalls parent company saw his pay drop last year.
XRC Labs Opens Applications for Accelerator Program
The participating start-ups will receive $135,000 in investment with access to XRC Labs' partners.
New Racial and Gender Pay Scorecard Gives Walmart, TJX an ‘F’
The pandemic shutdown and the subsequent financial fallout has magnified pay inequities.
Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter
Even so, the retailer still plans on increasing its store fleet in the next few years.
TJX Drives Profits Despite Pandemic
The retailer's third-quarter sales slipped slightly, but still still topped $10 billion.
TJX Opens Back Up, But Sees ‘Open-only’ Comp Sales Slipping
The off-price giant is fortified by a $6.6 billion cash hoard.
Target Closes 47 Stores in Response to Looting and Riots in Minneapolis
Target was among the area businesses in the Twin Cities that looters broke into.
TJX Preparing for Better Days
The off-pricer's first-quarter sales were cut in half, but conditions are ripe for the retailer to gain…