Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.
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229 published items with the word (s) or phrase TJX in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "T.J. Maxx parent misses estimates as lockdowns cut sales by $1 billion")
T.J. Maxx parent misses estimates as lockdowns cut sales by $1 billion -
![]( "TJX Companies re-elects José B. Alvarez to board of directors")
TJX Companies re-elects José B. Alvarez to board of directorsTJX Companies announced on Friday the re-election of José B. Alvarez to its board of directors. Alvarez previously served on TJX’s board of directors from 2007 through 2018.
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![]( "TJX forecasts current-quarter comparable sales to drop up to 20%")
TJX forecasts current-quarter comparable sales to drop up to 20%TJX Cos Inc forecast current-quarter same-store sales to fall up to 20% after reporting a bigger-than-expected loss for the previous three months, sending the off-price retailer’s shares down about 7%.
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![]( "Wary Canadians start spending as Covid-19 restrictions ease, boosting economy")
Wary Canadians start spending as Covid-19 restrictions ease, boosting economyThe Canadian economy is showing green shoots with data on home sales, consumer spending and new job postings trending upwards after the coronavirus pandemic forced shutdowns.
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![]( "Sell, stow or dump? Retailers wrestle with mountain of unsold stock")
Sell, stow or dump? Retailers wrestle with mountain of unsold stockForget fast or slow fashion, now it’s ground to a halt. A mountain of apparel stock has been piling up in stores, distribution centers, warehouses and even shipping containers during months of COVID-19 lockdowns.
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![]( "Lululemon, TJX, The Outlets at Tejon begin store reopening")
Lululemon, TJX, The Outlets at Tejon begin store reopeningBrands such as Lululemon are gradually starting to welcome guests back to select locations, as well as major retailers and malls, including TJX and The Outlets at Tejon, in California.
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![]( "Lord & Taylor to liquidate its stores as soon as they reopen")
Lord & Taylor to liquidate its stores as soon as they reopenLord & Taylor plans to liquidate inventory in its 38 department stores once restrictions to curb the spread of coronavirus are lifted, people familiar with the matter said on Tuesday.
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![]( "VF, PVH and TJX look to deal with coronavirus disruption through further cuts and furloughs")
VF, PVH and TJX look to deal with coronavirus disruption through further cuts and furloughsSince the beginning of the week, companies including Genesco, PVH, VF and TJX have announced a range of new measures designed to preserve their liquidity during the ongoing Covid-19 crisis.
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![]( "U.S. retailers cancel vendor orders following coronavirus hit")
U.S. retailers cancel vendor orders following coronavirus hitAfter closing stores around the world to curb the spread of the coronavirus, retailers are now telling some vendors to immediately cancel orders.
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![]( "TJX draws down $1 billion from credit line, suspends share buybacks")
TJX draws down $1 billion from credit line, suspends share buybacksDiscount store operator TJX Cos Inc said on Thursday it was drawing down $1 billion from its existing credit line and suspending its share buyback program, in a difficult period brought on by the coronavirus pandemic.