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...
by Mike Duff | Nov 9, 2022 | Featured News, Retail Articles
Big Lots has announced the appointment of two new executives with Margarita Giannantonio named chief merchandising officer and John Alpaugh chief marketing officer. Giannantonio will shape and lead the company’s merchandising strategy across all product...
