TJX

The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989.

(source: tjx.com)

Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
June 10, 2024  |  Retail

As inflation continues to erode purchasing power, financially unstable consumers, squeezed by higher prices on everything from groceries to gasoline, are increasingly turning to discount...

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TJX: Bargain Shoppers Want ‘Excitement’ From Their Retail Experiences
TJX: Bargain Shoppers Want ‘Excitement’ From Their Retail Experiences
May 22, 2024  |  Earnings

As consumers continue to spend cautiously, TJX is seeing bargain shoppers seek the surprise and delight of its stores’ luck-of-the-draw format, bringing joy in a financially stressful time....

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TJX Declares Itself the Holiday Haven for Value Shoppers 
TJX Declares Itself the Holiday Haven for Value Shoppers 
November 15, 2023  |  Retail

As retailers grapple with the impact of consumers tightening their purse strings, TJX is striking a different chord, as shoppers seek value and the most...

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Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
August 27, 2023  |  Retail

American retailers are increasingly turning to promotions as consumers grow cagey about nonessential spending. As Bloomberg News noted in a report Sunday (Aug. 27), Whirlpool, Petco and Foot Locker are...

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Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
August 18, 2023  |  Retail

As inflation exerts its influence on consumer purchasing decisions, off-price retailers are benefiting.  Among the off-price retailers, TJX Companies has recently reported benefiting from the...

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Gen Z Gives TJX a Sales Bump as TikTok Trend Goes Viral 
Gen Z Gives TJX a Sales Bump as TikTok Trend Goes Viral 
August 17, 2023  |  Earnings

As prices rise, consumers have found themselves grappling with the dilemma of spending in the face of uncertainty. This has led to a shift in...

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TJX Says Customer Traffic Drove 6% Sales Growth in Q2
TJX Says Customer Traffic Drove 6% Sales Growth in Q2
August 16, 2023  |  Retail

TJX, the parent company of popular off-price retailers like T.J.Maxx and Marshalls, recorded 6% overall comparable sales growth in the quarter ending on July 29....

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T.J. Maxx Thrives as Bed Bath & Beyond Exits and Gen Z, Millennial Shoppers Drive Growth
T.J. Maxx Thrives as Bed Bath & Beyond Exits and Gen Z, Millennial Shoppers Drive...
May 18, 2023  |  Retail

Amid reports of struggling sales among other retailers, T.J. Maxx has benefited from the growing interest and support of Gen Z and millennial shoppers.  “We...

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Ross and TJX Ride the Discounter Wave as Consumers Seek Low-Priced Clothes
Ross and TJX Ride the Discounter Wave as Consumers Seek Low-Priced Clothes
November 18, 2022  |  Retail

It may be a bad time for consumers and their wallets, but it’s proving to be a good time for the discounters and off-price retailers...

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