TJX: Bargain Shoppers Want ‘Excitement' From Their Retail Experiences
TJX(TJX) pymnts.com·2024-05-23 04:50
As consumers continue to spend cautiously, TJX is seeing bargain shoppers seek the surprise and delight of its stores’ luck-of-the-draw format, bringing joy in a financially stressful time.The off-price apparel and home goods retailer, parent company of TJ Maxx, Marshalls, HomeGoods and others, shared in its first-quarter fiscal 2024 earnings results Wednesday (May 22) that comp store sales increased 3% year over year at a time when many retailers have been seeing shoppers pull back.On a call with analysts, ...