News on The TJX Companies Inc.

Sector snap: Discount stores

2010-03-04T12:30:48Z

<div id="subtitle">Discount stores shares mixed after February sales report</div><div><p>Discount stores reported better-than-expected February sales figures on Thursday, as consumers continued to respond to low prices as they shopped for spring merchandise in the midst of winter storms.</p><p>Target Corp. said sales in stores open at least one year rose 2.4 percent, topping the 1 percent rise...

TJX 4Q profit rises as shoppers seek discounts

2010-02-24T13:17:51Z

<div id="subtitle">TJX plans expansion as shoppers continue to buy its discounted products, boosting results</div><div><p>Discount retailer TJX Cos. Inc. unveiled ambitious plans to expand Wednesday, saying the company beloved by bargain hunters could ultimately double in size.</p><p>The announcement came after the owner of T.J. Maxx and Marshalls said its sales rose more than 10 perce...

Earns TJ Maxx

2009-11-17T07:01:22Z

In this photo made Friday, Nov. 13, 2009, people walk past a TJ Maxx store in Boston. TJX said Tuesday, Nov. 17, its fiscal third-quarter profit rose 32 percent as shoppers looked for bargains at the discount retailer's chains.(AP Photo/Lisa Poole)

TJ Maxx profit beats estimates, shares down

2010-02-24T04:22:11Z

<div><p>NEW YORK (Reuters) - Off-price retailer TJX Cos Inc &lt;TJX.N&gt; reported a higher-than-expected profit in the third quarter as cash-strapped consumers continued to flock to its stores for lower-cost apparel and home goods.</p><p>The owner of the T.J. Maxx ...

Low-price reigns in mixed retail sales reports

2010-02-25T12:21:10Z

<div><p>CHICAGO (Reuters) - Lower-priced U.S. retailers posted better-than-expected sales results in August as consumers looked to save money in the key back-to-school season, leaving luxury chains struggling.</p><p>"It's really still a discounter's mark...

Retail Sales

2009-09-03T05:17:08Z

In this Aug. 31, 2009 photo, shoppers carrying purchases from T.J. Maxx and Macy's leave a mall in New York. Retailers are reporting sales declines for August as shoppers continue to hold off on back-to-school purchases and continue to focus on necessities.(AP Photo/Mark Lennihan)

Copyrig...

Earns TJX

2009-08-18T12:17:34Z

FILE - In this Feb. 21, 2007 file photo, a shopper leaves a T.J. Maxx store in Framingham, Mass. Discount retail operator TJX Cos. on Tuesday, Aug. 18, 2009 said its fiscal second-quarter profit rose 31 percent as its stores like T.J. Maxx and Marshalls continued to lure in cost-conscious shoppers. (AP Photo/Elise Amendola, file)

Copyrig...

Quarterly results from Target, Saks beat Wall Street

2010-02-25T18:54:10Z

<div><p>SAN FRANCISCO (Reuters) - Retailers Target Corp &lt;TGT.N&gt; and Saks Inc &lt;SKS.N&gt; posted better-than-expected quarterly results on Tuesday as they clamped down on expenses and invento...

Earnings Preview-TJX Cos.

2010-02-25T19:20:59Z

<div id="subtitle">TJX Cos.' second-quarter expected to show gains as consumers seek value</div><div><p>Discount retail operator TJX Cos. reports results for the second quarter on Tuesday before the market opens. The following is a summary of key developments and analyst opinion related to the period.</p><p>OVERVIEW: TJX Cos., which opera...

save the children

2009-08-07T11:02:53Z

Jennie Garth Save The Children have partnered up with T.J. Maxx to recruit New Yorkers to help provide the necessary back-to-school basics for families in need, held at T.J. Maxx Manhattan New York City, US...

save the children 2

2009-08-07T10:46:22Z

July sales drop shows retail pressure continues

2010-02-25T23:45:04Z

<div><p>CHICAGO (Reuters) - U.S. retailers reported their 11th straight month of sales declines in July as shoppers continued to search for bargains and basics in the downturn.</p><p>Still, chains including T.J. Maxx and Marshalls discount clothing chai...

TJX Data Theft

2009-06-23T19:01:13Z

FILE - In this Feb. 21, 2007 file photo, a sign outside the TJX Cos. headquarters is seen in Framingham, Mass. TJX Cos., the parent company of retailers T.J. Maxx and Marshall's, will pay $9.75 million in a settlement with multiple states related to a massive data theft that exposed tens of millions of payment card numbe...

TJX reaches settlement with states on data theft

2010-02-26T17:44:11Z

<div id="subtitle">TJX reaches settlement with multiple states related to data theft a few years ago</div><div><p>The parent company of retailers T.J. Maxx and Marshall's will pay $9.75 million in a settlement with multiple states related to a massive data theft that exposed tens of millions of payment card numbers.&am...

Most U.S. retailers likely saw sales fall in May

2010-02-27T03:09:09Z

<div><p>CHICAGO (Reuters) - Despite Memorial Day sales, warmer weather and deals such as $1 flip-flops, most U.S. retailers are expected to post declines in same-store sales in May as shoppers kept hunting for bargains in the recession.</p><p>Department stores and chains catering to trendy teens likely suffered...

TJX 1Q profit climbs 8 percent as sales improve

2010-02-27T08:45:39Z

<div id="subtitle">TJX Cos. 1st-quarter profit rises as sales edge up while shoppers hunt for bargains</div><div><p>TJX Cos. said Tuesday that its fiscal first-quarter profit rose 8 percent as budget-conscious shoppers taking advantage of bargains at its discount retail outlets helped boost sales.</p><p>The operator of stores such as T.J....

TJX's CEO got compensation valued at $6.85M

2010-02-28T18:25:36Z

<div id="subtitle">TJX's CEO got compensation last year valued at $6.85 million, up about 15 pct, says AP tally</div><div><p>Discount retailer TJX Cos. Chief Executive and President Carol Meyrowitz received compensation valued at $6.85 million last year, up 15 percent compared with the previous year, acco...

Companies penalized for hood drawstrings

2010-03-03T05:05:42Z

<div id="subtitle">14 companies to pay over $1 million in penalties for children's clothing with hood drawstrings</div><div><p>T.J. Maxx, Marshalls and 12 other companies have agreed to pay a total of more than $1 million in civil penalties for failure to report safety hazards promptly, government officials announced Tuesday.</p><p>The co...

Shoplifter gets run over twice by her getaway car

2010-03-02T20:39:46Z

<div id="subtitle">Shoplifter who lifted designer purses from Fla. store gets run over twice by her getaway car</div><div><p>Authorities are looking for a shoplifter who was run over twice by her getaway car after stealing $1,200 worth of designer purses from a Cape Coral store. A