
Warehouses throughout the United States are at record capacity with Chinese imports of all kinds as they race to stockpile inventory to avoid higher tariffs that may kick in next year.
221 published items with the word (s) or phrase TJX in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Warehouses throughout the United States are at record capacity with Chinese imports of all kinds as they race to stockpile inventory to avoid higher tariffs that may kick in next year.
A slowdown in global consumer confidence threatens to overshadow the holiday shopping season in the United States, which despite a strong start is not immune to developments in Europe.
Kohl’s Corp shares slumped as much as 12 percent on Tuesday after the department store operator forecast full-year earnings largely below estimates, blaming rising shipping costs and higher holiday discounts.
TJX Cos Inc’s holiday-quarter earnings forecast fell largely below analysts’ estimates on Tuesday, as the off-price clothing retailer faces rising freight and labor costs.
Shares in Nordstrom Inc slumped 9 percent after the U.S. department store operator reported disappointing same-store sales and said it had been forced to refund some of its credit card customers after overcharging them.
A new report argues that retail sales are actually on the up in the UK and US, but warns that apparel retailers should be wary of ploughing their resources into younger consumers and technology.
TJX Cos Inc reported a 6 percent rise in quarterly comparable-store sales on Tuesday, as big discounts attracted more younger shoppers and generated the off-price retailer’s 16th consecutive quarter of traffic growth.
While China has raised import duties on several categories of U.S. goods, it lowered tariffs on apparel, cosmetics, household goods and jewelry, which could see these industries thrive, according to Cowen and Company.
Though the escalating tensions between the United States and several of its trading partners could hurt companies across a broad range of sectors, several industries are poised to withstand them or even thrive.
TJX Cos Inc reported better-than-expected quarterly same-store sales on Tuesday, as deep discounts brought more bargain hunters into its T.J. Maxx and Marshalls apparel stores.