The parent company of TJ Maxx, Marshalls and HomeGoods is ramping up its store count as it sees gains in the off-price channel.
TJX calls itself the largest off-price home fashion retailer in the U.S. In a note on Aug. 19, Telsey Advisory Group said the company’s earnings “highlight the strength of its value-focused proposition” in an “increasingly price-sensitive environment.” The analysts, led by Dana Telsey, added, “A favorable off-price buying landscape continues to enable TJX to effectively meet traffic and demand.”
To view the full article, please click on the following link:
Visit Content