1 month ago Starbucks Joins Growing List of Companies Exiting Russia In response to the ongoing conflict in Ukraine, Starbucks has announced that it will leave the Russian market and close all 130…
2 years ago HomeGoods Provides Bright Spot for TJX in Q3; Retailer Plans Ecommerce Launch for Banner in 2021 The TJX Companies Inc. exceeded Wall Street’s expectations in Q3, fueled by strong growth in its HomeGoods division, which generated 15% comp-store…
2 years ago Off-Price Quarterly Results Showcase Benefits Of ‘Essential Retailer’ Status The COVID-19 pandemic has divided the discount vertical: Essential retailers such as Dollar General and Dollar Tree, which were able to keep…
2 years ago TJX Furloughs 268,000 Employees Across TJ Maxx, Marshalls And Home Goods Brands Macy’s was perhaps the most notable retailer that furloughed its employees as the COVID-19 outbreak forced nonessential stores to close, putting the…
2 years ago Coronavirus Fallout: Victoria’s Secret, TJX Close Online Stores; Tailored Brands Shutters Distribution Center While stores and shopping centers have been closing throughout the U.S. over the past week due to the coronavirus (COVID-19) pandemic, it…
2 years ago The Home Depot, TJX And Best Buy Shine Brightest In Q4 But It’s Dark Days For Department Stores While Walmart and Target may have underwhelmed in November and December 2019, the full holiday season produced clear-cut winners and losers —…
3 years ago As Department Stores Struggle To Drive Sales, TJX, Walmart And Target Soar The great Q1 results from Walmart and Target indicate that these top players have been doing everything they can to keep up…
3 years ago Marshalls To Launch E-Commerce Site For The First Time In 2019 Marshalls will finally take its business online in 2019. The chain will seek to prevent cannibalization of sales by keeping its e-Commerce…
4 years ago Q2 Growth At Walmart, Target, TJX Hints That Retail’s Woes Are In The Rear-View Mirror In 2017, the stories of retail bankruptcies, store closures and the decline of department stores conveyed a bleak outlook for the state…
4 years ago NewStore Appoints Victoria’s Secret, TJX Veterans To Board NewStore has appointed Carol Meyrowitz, Executive Chairman of the Board of TJX Companies, and Sharen Jester Turney, Former President and CEO of…
4 years ago The Death Of Boring Retail: Exclusive Q&A With Steve Dennis In this exclusive Q&A, industry expert Steve Dennis shares his predictions and recommendations for retailers struggling to find the best ways to…
5 years ago Holiday Sales Struggles Again Plague Department Stores Although the NRF reported that overall holiday retail sales increased 4% in 2016, traditional retailers, predictably, did not share equally in the…