by Mike Duff | Feb 28, 2024 | Featured News, Retail Articles
Fourth-quarter results at TJX Cos. exceeded expectations in part because of a contribution of a resurgent home business. Net income was $1.4 billion, or $1.22 per diluted share, versus $1.04 billion, or 89 cents per diluted share, in the year-earlier quarter, the...
by Mike Duff | Feb 5, 2024 | Featured News, Retail Articles
Wayfair, HomeGoods and Big Lots had the highest market shares among pure-play specialty home product retailers for the fourth quarter of 2024, according to market researcher YipitData. HomeGoods had the highest gain in the market share in a study from YipitData, at...
by Mike Duff | Nov 16, 2023 | Featured News, Retail Articles
The TJX Cos. recorded a solid third quarter helped by strong gains in household merchandise led by HomeGoods. Net income was $1.19 billion, or $1.03 per diluted share, versus $1.06 billion, or 91 cents per diluted share, in the quarter a year prior. The year-prior...
by Mike Duff | Nov 13, 2023 | Retail Articles
Despite announcements of store closings, particularly in the New York City and Chicago markets, TJX Corp. continues to add locations in the United States and worldwide. Some adjustment of retail strategy at TJX is evident, including its recent decision to end...
by Mike Duff | Oct 26, 2023 | Featured News, Retail Articles
The TJX Cos. has shut down the e-commerce component of the HomeGoods website. The homegoods.com homepage now directs consumers to shop for home decor at TJX’s tjmaxx.com or marshalls.com operations. According to its latest quarterly filing with the United States...
