tjx

5 Lessons from the Bob’s Stores Bankruptcy

New England clothing retailer Bob’s Stores is shutting its doors for good. The retailer filed for Chapter 11 bankruptcy in June and…

TJ Maxx Enlists Mandy Moore for ‘Claim Your And’ Empowerment Campaign

The new “Claim Your And” campaign, which TJ Maxx is kicking off in partnership with singer/actress/producer Mandy Moore, seeks to tap into…

TJX Expands to Mexico Through New Joint Venture with Grupo Axo

TJX — the parent company of TJ Maxx, Marshalls, HomeGoods and Sierra — has entered a joint venture with the South American multi-brand retailer…

TJX Leans into Off-Price Wave with Long-Term Plans for 1,300 New Stores

As continued inflation drives consumers toward more cost-conscious shopping, TJX — the parent company of TJ Maxx, Marshalls, HomeGoods and Sierra —…

Walmart, TJX Provide a Few Bright Spots in Q3 Results

Several of the nation’s largest retailers, including Target, Macy’s, Gap and BJ’s Wholesale Club, struggled during Q3, with all reporting net sales…

Q2 Results Roundup: Walmart and TJX Shine, Target and Home Depot Stumble

The nation’s two biggest big-box retailers, Walmart and Target, reported markedly different results for their second quarters. For the three-month period ending…

Ross Stores Opens 29 New Locations Amid Off-Price Brick-and-Mortar Growth

Ross Stores is opening 29 new locations in 12 states over June and July as it continues to move toward its goal…

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…

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…

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…

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…

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…

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