TJX

TJ Maxx

Financial

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.

clock February 24, 2021Kellie Ell

t.j. maxx, tjx, boston, newbury street

Financial

TJX Drives Profits Despite Pandemic

The retailer’s third-quarter sales slipped slightly, but still still topped $10 billion.

clock November 18, 2020Evan Clark

TJ Maxx logo on a store in Manchester, N.H.

Financial

TJX Opens Back Up, But Sees ‘Open-only’ Comp Sales Slipping

The off-price giant is fortified by a $6.6 billion cash hoard.

clock August 19, 2020Evan Clark

Minnesota State Police protect a Target Store, in St. Paul, Minn. Violent protests over the death of George Floyd, the black man in police custody broke out in Minneapolis for a second straight night Wednesday, with protesters in a standoff with officers outside a police precinct and looting of nearby storesMinneapolis Police Death, St. Paul, United States - 28 May 2020

Retail

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.

clock May 29, 2020Rosemary Feitelberg

TJ Maxx logo on a store

Financial

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 ground.

clock May 21, 2020Evan Clark

Marshalls store

Financial

TJX Companies Announce Furloughs, Executive Pay Cuts

Tens of thousands of TJX employees in North America will be out of work effective April 12, while executives take a 20 to 30 percent pay cut.

clock April 7, 2020Kellie Ell

T.J. Maxx store

Financial

TJX Payment Terms Said to Be Back to Normal

The off-pricer is again paying vendors in 60 days, according to sources.

clock April 3, 2020Evan Clark

online shopping

Business Features

Handling the E-commerce Surge

With work-from-home culture taking over, e-commerce is stepping into the commerce spotlight.

clock March 20, 2020Kellie Ell

Victoria's Secret Storefront

Retail

E-commerce Sites Start to Go Dark As Well

Victoria’s Secret, Pink and the TJX brands have closed both their stores and e-commerce businesses.

clock March 19, 2020Evan Clark and Kellie Ell

T.J. Maxx

Financial

TJX Companies Continue to Break Records

The off-price retailer, parent company to T.J. Maxx and Marshalls, had more than $40 billion in annual sales last year.

clock February 26, 2020Kellie Ell

J.C. Penney

Retail

Analyst Remains Cautious on Department Store Segment

Telsey Advisory Group also cited several apparel manufacturers that are well-positioned for 2020.

clock January 30, 2020Arthur Zaczkiewicz

T.J. Maxx

Business Features

The Off-price Channel

Off-price retailers continue to hang in the fold between traditional brick-and-mortar companies and e-commerce brands. But will it stay strong or crumble in the era of online shopping?

clock January 7, 2020Kellie Ell

Millennials selfie

Business Features

The Aging Millennial

By 2030, the oldest Millennials will be in their mid- to late-40s. But does that mean their spending habits will mature, too?

clock January 6, 2020Kellie Ell

2030

Business Features

How Will the 2020s Roar?

Anxiety, AI, always-on retail and a stronger move toward sustainability are all seen as shaping the new decade.

clock January 6, 2020Evan Clark

Macy's

Financial

Moody’s Cuts Department Store Outlook — Again

The debt watchdog lowered its operating income outlook for the sector after a tough quarter.

clock December 9, 2019Evan Clark

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