by Mike Duff | May 19, 2022 | Retail Articles
Sales and earnings at The TJX Corp. gained year over year but only earnings surpassed Wall Street estimates in the first quarter as HomeGoods comparable sales slipped based primarily, the company stated, on difficult comparisons. Net income was $587.5 million, or 49...
by Mike Duff | Apr 21, 2022 | Retail Articles
The TJX Cos. plans to expand and accelerate environmental goals as part of its ongoing environmental sustainability strategy, the company announced, including a move to achieve net-zero greenhouse gas emissions in its operations by 2040. The company also stated that...
by Mike Duff | Mar 30, 2022 | Retail Articles
TJX Cos. introduced the HomeGoods Dream Vibes digital experience, an online program that customizes shoppers’ dreams into new decor design ideas, the company announced. Given how the process works online, it may even prompt consumers to try HomeGoods’...
by Mike Duff | Feb 24, 2022 | Featured News, Retail Articles
Despite solid comparable-store sales, TJX Cos. fell short of Wall Street sales and earnings expectations in its fourth quarter. For the fiscal 2022 fourth quarter ended January 29, the TJX posted net income of $940.2 million, or 78 cents per diluted share, versus...
by Chandler Harvey | Dec 21, 2021 | Featured News, Retail Articles
With continued consumer demand for value merchandise unabated and relative financial strength among major companies, few doubted that off-price retailers would make a rapid comeback from closures related to the COVID-19 pandemic. But that doesn’t mean they don’t face...