TJX emphasized sales and store growth potential near and longer term as it posted a billion-dollar second quarter and a Wall Street beat. Net income was $1.1 billion, or 96 cents per diluted share, versus $989 million, or 85 cents per diluted share, in the year-before...
Housewares industry pioneer Aji Das, who recently passed away at 79, was remembered by colleagues and customers as a tireless, hands-on business leader with masterful new product timing and a knack for building enduring relationships. Das most recently was CEO of...
The TJX Cos. net income topped $1 billion in the fourth quarter, although HomeGoods posted negative year-over comparable store sales against strong 2021 results when consumers were emerging from pandemic stay-at-home mandates. Net income was $1.04 billion, or 89 cents...
Two-thirds of Americans plan to spend either the same or more in 2023 as they did in 2022 on retail purchases despite continued inflation and the potential of a recession. But a significant proportion will be deal hunting, and they’ll be doing a lot of it in physical...
As the retail year winds down, the Numerator 2022 Holiday Gifting Shopping Preview provides a revealing overview of what shoppers will buy, how much they plan to spend, and when and where they intend to purchase gifts, according to the market researcher. Among the...
