by Mike Duff | May 24, 2023 | Retail Articles
In a promotion that focuses on how the retailer can dress up a good time, HomeGoods is taking some customers out to a dinner designed to make their homes more interesting habitations. Dubbed A Taste of HomeGoods, the physical initiative is taking place in Austin, TX,...
by Mike Duff | May 17, 2023 | Retail Articles
In the first quarter, TJX recorded higher earnings that beat a Wall Street estimate but sales that didn’t quite live up to expectations with revenue in home merchandise continuing to lag. Net income in the quarter was $891 million, or 76 cents per diluted share,...
by Mike Duff | Feb 22, 2023 | Featured News, Retail Articles
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...
by Mike Duff | Dec 22, 2022 | Retail Articles
Super Saturday, this year falling on December 17, was a great time for a small subset of mostly value retailers, according to Placer.ai. The traffic tracker stated that most segments and individual retailers saw visits drop year-over-year and compared to Super...
by Mike Duff | Nov 17, 2022 | Featured News, Retail Articles
Lower sales from the HomeGoods operation proved a drag on TJX Cos. revenue in the third quarter, but the company still managed to beat a Wall Street earnings estimate. As it reported quarterly financials, the company announced it had promoted John Klinger to executive...