Why shoppers are planning to cut Black Friday weekend spending this year [MSNBC.com]
TJX Companies, Inc. (The) (TJX)
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Source: MSNBC.com
As the holiday shopping season starts to kick into high gear, Americans are balancing Black Friday deals with lingering concerns about their own finances.Consumers are looking to shell out less this holiday season, new data from Deloitte shows. Surveyed shoppers said they plan to spend 4% less than last year between Black Friday and Cyber Monday, citing higher costs of living and more fear of the economy.It’s a reversal. Previous Deloitte surveys dating back to 2021 had shown shoppers planned to spend more than previous years during the post-Thanksgiving weekend.The pullback is expected to hit both ends of the income spectrum. Consumers making less than $50,000 a year are expected to spend 12% less than last year, according to the business services firm. Shoppers making more than $200,000 a year say they’ll cut their spending by 18%.“While we expect shoppers to plan to pull back on spending, we also anticipate strong participation throughout the holiday week,” Natalie Martini, Deloitt
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TJX
News
- TJX Companies (NYSE:TJX) had its "buy" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- TJ Maxx Hits the Road with the First-Ever "Maxxinista Express" Holiday Tour Inspired by its Iconic Superfans [Yahoo! Finance]Yahoo! Finance
- TJ Maxx Hits the Road with the First-Ever "Maxxinista Express" Holiday Tour Inspired by its Iconic SuperfansPR Newswire
- Macro tailwinds push off-price retail into focus as The TJX Companies announces further expansion [Yahoo! Finance]Yahoo! Finance
- TJX Companies (NYSE:TJX) had its price target raised by analysts at Robert W. Baird from $160.00 to $165.00. They now have an "outperform" rating on the stock.MarketBeat
TJX
Earnings
- 11/19/25 - Beat
TJX
Sec Filings
- 12/2/25 - Form 10-Q
- 11/21/25 - Form 144
- 11/21/25 - Form 4
- TJX's page on the SEC website