TJX Companies Inc

New Macy's CEO Tony Spring looks to revive a 166-year-old retailer fighting for relevance
Tony Spring speaks at an event unveiling the Macy’s new women’s apparel brand, On 34th, in July. Spring is former CEO of Bloomingdale’s and begins as Macy’s CEO in February 2024, succeeding longtime Macy’s CEO Jeff Gennette, right. Melissa Repko | CNBC Inside its headquarters in New York City’s Herald Square, Macy’s got ready to […]
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Black Friday came early this year, signaling worries about holiday demand
Barbie dolls (R) are displayed for sale ahead of Black Friday at a Walmart Supercenter on November 14, 2023 in Burbank, California. Mario Tama | Getty Images News | Getty Images Early Black Friday discounts were far higher this October compared to prior years, signaling retailers are concerned that demand could be tepid during the […]
Read MoreTarget’s new favorite buzzword is ‘value’
A customer shops the holiday section at a Target store in Clifton, N.J. Adam Jeffery | CNBC Target‘s goal this holiday season: Be more like Walmart. The retailer’s leaders said customers will see thousands of gift ideas under $25, store displays that highlight affordability and low-priced Thanksgiving ingredients. But the discounter will do it with […]
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TJX Companies raises guidance again, says it expects a strong holiday as shoppers hunt for deals
A Marshalls store in New York Scott Mlyn | CNBC TJX Companies on Wednesday raised its full-year guidance and said it expects a strong holiday season after inflation-weary consumers drove another quarter of sales gains. The off-price giant, which runs T.J. Maxx, Marshall’s and HomeGoods, beat Wall Street’s estimates on the top and bottom lines […]
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Inventory futures tick bigger after S&P 500 and Nasdaq post greatest working day because April: Are living updates
Traders get the job done on the floor of the New York Inventory exchange all through early morning buying and selling on November 10, 2023 in New York City. Michael M. Santiago | Getty Images U.S. stock futures ticked larger on Tuesday night. Futures tied to the S&P 500 rose .2%. Dow Jones Industrial Typical […]
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Nike reigns supreme among teen shoppers. Here are the other brands they love the most
A customer shops at the Nike store in Miami Beach, Florida, on Dec. 21, 2021. Joe Raedle | Getty Images Teens are a notoriously fickle bunch — but the group is also often on the leading edge of many trends the rest of us eventually adopt. In many ways, the cohort’s spending habits reflect those […]
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Macy’s will open up to 30 stores, as department store looks to strip malls as key part of its future
Macy’s is opening more small-format stores across the country. They are roughly one fifth the size of its typical locations. Macy’s Macy’s on Tuesday said it will open up to 30 smaller stores in strip malls over the next two years, as the retailer chases customers out of dying malls and into bustling suburbs. The […]
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