Big bargains and ‘white knuckle' buying: inside the rise of TJ Maxx [Yahoo! Finance]
TJX Companies, Inc. (The) (TJX)
Last tjx companies, inc. (the) earnings: 2/26 08:00 am
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Source: Yahoo! Finance
Adverts for discount retail giant TJX ( TJX ) depict its buyers as stylish jet-setters negotiating deals in luminous fashion studios and leather goods showrooms. In reality, many of them commute to a squat office complex near a hot dog stand and a convenience store in a suburb of Boston. In these unremarkable surroundings sits the epicentre of the multibillion-dollar buying operation propelling the remarkable rise of TJX. The operator of the TJ Maxx and Marshalls chains in the US and TK Maxx in Europe and Australia has honed the art of driving hard bargains for the surplus merchandise of fashion and homeware brands. It then sells it on across its 5,000-plus stores for 20 to 60 per cent below full retail price. TJX is flourishing as consumers seek refuge from the rising cost of living. Last month the off-price group reported a 5 per cent like-for-like sales increase in 2025 as it continued to draw shoppers away from department stores and mass merchandisers. TJX made $5.5bn of ne
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News
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TJX
Earnings
- 2/25/26 - Beat
TJX
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/17/26 - Form 4
- 3/13/26 - Form 5
- TJX's page on the SEC website