J.C. Penney launches new plan to save customers up to $500 million [TheStreet.com]
TJX Companies, Inc. (The) (TJX)
Last tjx companies, inc. (the) earnings: 2/26 08:00 am
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Source: TheStreet.com
One of the biggest puzzles in modern retail has been trying to figure out how to attract formerly invigorated shoppers back through the doors (whether physical or virtual) of legacy mall retailers. These once-popular stores take up large brick-and-mortar footprints in many malls and plazas across the United States. They typically pay an outsized rent for the privilege of being at the corner of a mall, where foot traffic is king and customers might find themselves popping into more stores than they'd originally intended simply because they're already there. But those days are largely behind us. While some malls are indeed thriving — typically in post-Covid hotspots like Florida, South Carolina, and Arizona — the reality is that many malls are limping along with a fraction of the foot traffic they'd enjoyed 10 or 20 years ago. Instead, customers are opting to shop in new ways. Perhaps they prefer the savings they get at outlet malls, which often carry the same mall labels like Am
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TJX
News
- Marshalls to open new Somerset Township store May 16 [Yahoo! Finance]Yahoo! Finance
- TJX upgraded at UBS as more consumers drawn to off-price retailers [Seeking Alpha]Seeking Alpha
- Women-Led Tech Start-Ups Help Fashion Stay at the Leading Edge of Innovation [Yahoo! Finance]Yahoo! Finance
- Explainer: Why UK put Boohoo, H&M in environmental impact hot seat [Yahoo! Finance]Yahoo! Finance
- The TJX Companies, Inc. (NYSE: TJX) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $132.00 price target on the stock, up previously from $104.00.MarketBeat
TJX
Earnings
- 2/28/24 - Beat
TJX
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- TJX's page on the SEC website