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0.000363945165595064 0.000636904039791276 0.000181972582797532 0.000485260220793304 0.00479194468033478 0.000849205386388368 0.000849205386388368 0.000849205386388368
Stock impact report

TJX is positioning itself for growth in the home sector [Yahoo! Finance]

TJX Companies, Inc. (The) (TJX) 
Last tjx companies, inc. (the) earnings: 2/26 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.tjx.com
Company Research Source: Yahoo! Finance
In 1995, TJX—then the recent successor to regional discount chain Zayre—made what seemed to be an odd, perhaps even redundant, move: It bought Marshalls from the onetime retail conglomerate Melville. It already had T.J. Maxx—did it really need two very similar retail operations? It turns out TJX knew exactly what it was doing. By running the two brands in tandem, it was able to command a market share twice the size in the off-price channel and double up on its presence in retail centers and neighborhoods. Today, with the buying power of 5,000 stores in nine different countries behind it, TJX dominates the discount retail world in a way it never could have with just a single flagship brand. That's what is now going on with its two home-specific brands, HomeGoods and Homesense. And with no direct competitors (like its apparel brands have with Ross and Burlington in the fashion space), TJX is poised to take even more market share in categories like furniture, decor and home textiles Show less Read more
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