TJX Companies

Latest TJX Companies News and Updates

  • uploads///Operating margin
    Earnings Report

    Nordstrom’s operating margins feel the squeeze from expansion

    In fiscal 2014, Nordstrom’s operating margins declined by another 9.8% on the heels of a 10.8% decline in fiscal 2013.

    By Sirisha Bhogaraju
  • uploads///TJX Q Earnings Preview
    Earnings Report

    Why TJX Companies Might Post Tepid Earnings Growth in 2Q16

    TJX Companies (TJX) will announce its results for the second quarter of fiscal 2016 on August 18. The second quarter ended on August 1, 2015.

    By Sirisha Bhogaraju
  • uploads///Margins
    Earnings Report

    What Went Wrong with Macy’s 1Q15 Operating Margins?

    Macy’s (M) operating margins declined to 6.6% in 1Q15—ending May 2, 2015—from 7.1% in the same quarter last year. The operating income declined by 7.7%.

    By Sirisha Bhogaraju
  • uploads///Consumer confidence
    Macroeconomic Analysis

    Consumer Sentiment Is down in March after 11-Year High

    The Consumer Sentiment Index for March 2015 declined to 93 from 95.4 in the month of February due to slightly higher gas prices and bad weather.

    By Sirisha Bhogaraju
  • uploads///child _
    Consumer

    Why Five Below Stock Is on an Uptrend in 2018

    Five Below (FIVE) stock has been on an uptrend on 2018 and has gained 47.9% YTD (year-to-date) as of July 5.

    By Victoria Dean
  • uploads///JWN Outlook
    Earnings Report

    Nordstrom Raises Its Outlook Following Strong 2Q15 Results

    Nordstrom (JWN) raised its outlook for fiscal 2015, which ends January 30, 2016, backed by strong sales growth in the first half of 2015.

    By Sirisha Bhogaraju
  • uploads///Stock price movement
    Macroeconomic Analysis

    Stock Price: Ross Stores Outperforms Off-Price Retailer Peers

    On a year-to-date basis, Ross Stores’ stock price has appreciated more than that of other off-price retailers.

    By Sirisha Bhogaraju
  • uploads///fashion _
    Consumer

    Burlington Stores Stock Soars on Impressive First-Quarter Earnings

    Burlington Stores stock was up 8.4% as of 11:15 AM EST today in reaction to better-than-expected results for the first quarter, which ended on May 5.

    By Sirisha Bhogaraju
  • uploads///TJX EPS Q
    Company & Industry Overviews

    Can TJX Companies Sustain Its Earnings Growth after Fiscal 2Q17?

    Following the strong results in fiscal 2Q17, TJX Companies raised its earnings outlook for fiscal 2017. TJX expects its fiscal 2017 EPS to be in the $3.39–$3.43 range.

    By Sirisha Bhogaraju
  • uploads///samestore
    Earnings Report

    Macy’s Backstage: Off-Price Stores to Debut in Fall of 2015

    On May 5, 2015, Macy’s (M) announced that it will enter the off-price business through four pilot stores in New York City.

    By Sirisha Bhogaraju
  • uploads///Margins
    Company & Industry Overviews

    Which Off-Price Retailer Is Operating at the Highest Margins?

    Major off-price retailers have strong margins supported by lean operating models, efficient inventory management, and strong vendor relationships.

    By Sirisha Bhogaraju
  • uploads///Nordstrom Store count
    Earnings Report

    An Insight into Nordstrom’s Fiscal 2016 Store Growth Plans

    In fiscal 2016, Nordstrom plans to open three new full-line stores and 20 new Nordstrom Rack stores. The company also plans to relocate one full-line store and two Nordstrom Rack stores in fiscal 2016.

    By Sirisha Bhogaraju
  • uploads///Kohls
    Consumer

    Kohl’s, JCPenney Slide amid Weak Holiday Sales

    Kohl’s stock plunged 9.5% while JCPenney was down 11% today at 1:01 PM ET. These department store chains announced dismal holiday sales.

    By Sirisha Bhogaraju
  • uploads///TJX US segment sales
    Earnings Report

    TJX Companies: Pricing Strategy Benefits US Sales in 2Q16

    In the first six months of fiscal 2016, HomeGoods accounted for 12.2% of the consolidated net sales of TJX Companies. That’s up from 11.2% in the comparable period of the previous year.

    By Sirisha Bhogaraju
  • uploads///Macys
    Consumer

    Macy’s Preliminary Q1 Results: Good and Bad

    Macy’s (NYSE:M) stock rose 4.0% as of 10:00 AM ET on June 9. The company said that it has experienced better-than-expected sales at reopened stores.

    By Sirisha Bhogaraju
  • uploads///Hourly Earnings
    Macroeconomic Analysis

    Average hourly earnings tick up along with inflation to $24.78

    Average hourly earnings increased 0.1% month-over-month and 2.0% year-over-year to $24.78 an hour. Average weekly hours were flat at 34.6.

    By Brent Nyitray, CFA, MBA
  • uploads///TJX chart
    Miscellaneous

    The TJX Companies: Benefiting from International Presence?

    The TJX Companies’ acquisition of Trade Secret marks the company’s presence in its eighth country and third continent.

    By Sirisha Bhogaraju
  • uploads///hanger _
    Consumer

    Ross Stores or Burlington Stores: Which Looks Better in 2019?

    Ross Stores and Burlington Stores stocks have risen 8.9% and 1.2%, respectively, on a year-to-date basis as of January 14.

    By Sirisha Bhogaraju
  • uploads///Rost e commerce sales
    Company & Industry Overviews

    Why Ross Stores Isn’t Keen on E-Commerce Growth

    Ross Stores, which falls in the moderate off-price space, does not seem to be keen on expanding its e-commerce business and does not have an online store.

    By Sirisha Bhogaraju
  • uploads///TJX US Sales chart
    Earnings Report

    TJX Companies’ HomeGoods Segment Impressed in Fiscal 3Q16

    TJX Companies’ HomeGoods segment reported strong same-store sales growth of 6%. The segment’s net sales grew by 12.8% to $959.8 million in 3Q16.

    By Sirisha Bhogaraju
  • uploads///ROST market cap
    Company & Industry Overviews

    How Ross Stores Made Its Mark in Off-Price Retailing

    Ross Stores, a major player in the US off-price retail space, sells apparel, accessories, footwear, and home fashions at 20–60% discounts.

    By Sirisha Bhogaraju
  • uploads///off price valuation
    Miscellaneous

    Why TJX is Trading at a Higher Valuation than Off-Price Peers?

    As of March 24, 2016, TJX Companies was trading at a 12-month forward PE ratio of 22.3x—higher than other off-price retailers in its peer group.

    By Sirisha Bhogaraju
  • uploads///valuation
    Earnings Report

    Nordstrom’s Higher Valuations in 2015 Show Potential for Growth

    As of May 11, Nordstrom was trading at higher valuations compared to most of its peers in the department store and off-price retail categories.

    By Sirisha Bhogaraju
  • uploads///TJX Companies
    Consumer

    How TJX Companies and Ross Stores Fared in Q1

    On May 21, TJX Companies (NYSE:TJX) reported weaker-than-expected results for the first quarter of fiscal 2021. COVID-19 impacted the results.

    By Sirisha Bhogaraju
  • uploads///Backstage
    Earnings Report

    Macy’s Reveals Expansion Plans for Off-Price Backstage Stores

    Macy’s entered the off-price retail space in September 2015 with the launch of three of its pilot Macy’s Backstage off-price stores.

    By Sirisha Bhogaraju
  • uploads///International plans
    Company & Industry Overviews

    International Expansion Plans for US Department Stores

    Macy’s opened its first international store under its Bloomingdale’s brand in Dubai in 2010. Nordstrom opened its first Canadian store in Calgary’s Chinook Centre in September 2014.

    By Sirisha Bhogaraju
  • uploads///Nordstrom rack store count
    Earnings Report

    Will Nordstrom’s Rack Stores Continue to Be a Key Growth Driver?

    In 2Q15, Nordstrom Rack store sales increased by 12.9% to $857 million from the comparable quarter of the previous year.

    By Sirisha Bhogaraju
  • uploads///consistent performance
    Earnings Report

    Will Growing Competition Impact TJX Companies’ 3Q16 Sales?

    The success of off-price retailers such as TJX Companies and Ross Stores (ROST) has been attracting many players to this space. In September 2015, Macy’s opened three off-price Macy’s Backstage stores in New York.

    By Sirisha Bhogaraju
  • uploads///valuation
    Company & Industry Overviews

    Nordstrom Trading at Higher Valuation than Department Store Peers

    Nordstrom is currently trading at a higher valuation than its department store peers Macy’s (M) and Kohl’s (KSS)

    By Sirisha Bhogaraju
  • uploads///Macys
    Consumer

    UBS Downgrades Macy’s and Kohl’s amid COVID-19 Storm

    Macy’s (NYSE:M) and Kohl’s (NYSE:KSS) stocks were down 6.0% and 6.3% as of 12:45 PM ET today following a rating downgrade.

    By Sirisha Bhogaraju
  • uploads///Kohls
    Consumer

    Kohl’s Hikes Dividend, Exceeds Q4 Earnings Estimates

    Kohl (NYSE:KSS) stock rose 4.1% in pre-market hours trading today. However, the stock fell 2.2% as of 12:31 PM ET amid volatile market conditions.

    By Sirisha Bhogaraju
  • uploads///Best Buy
    Consumer

    Best Buy Defies Retail Woes with Q4 Earnings

    Best Buy reported impressive fourth-quarter results due to strong holiday sales. The company’s overall revenue grew 2.7% YoY to $15.20 billion.

    By Sirisha Bhogaraju
  • uploads///TJX
    Consumer

    TJX Posts Strong Q4 Earnings, Dividend Hike

    TJX Companies stock touched a new 52-week high of $64.95 on Wednesday. The company declared strong fourth-quarter results and a dividend hike.

    By Sirisha Bhogaraju
  • uploads///top retailers
    Company & Industry Overviews

    Why These 7 US Retailers Top the Charts?

    The US retail industry is transforming at a rapid rate. Let’s take a look at the top seven retailers in the US by market capitalization.

    By Rekha Khandelwal, CFA
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    Is Walmart the Ultimate Recession-Proof Stock?

    Walmart (WMT) has a long history and strong brand name recognition. But is there reason to believe WMT stock could actually withstand an economic meltdown?

    By David Moadel
  • uploads///Burlington Stores
    Consumer

    Will Burlington Stores Get Stronger in 2020?

    Burlington Stores (BURL) beat analysts’ earnings expectations in the first three quarters of fiscal 2019. Here’s what to expect in 2020.

    By Sirisha Bhogaraju
  • uploads///TJX Companies
    Consumer

    TJX Companies and Ross Stores Finish the Year Strong

    Off-price retailers emerged as consistent performers in the retail space. The stock of Ross Stores (ROST) and TJX Companies (TJX) surged 38.8% and 34.9%

    By Shreerag Menon
  • uploads///Part
    Consumer

    Under Armour: The Nature Of Its Business, Product Portfolio

    UA’s product, marketing, and sales teams each play an active role in the design process. This collaboration helps control brand and product consistency.

    By Phalguni Soni
  • uploads///Part
    Company & Industry Overviews

    How Does Target’s Historical Sales Growth Compare to Its Peers’?

    Target opened 15 new stores in fiscal 2016. Its same-store sales rose 2.1%, with customer traffic at stores up 1.3%.

    By Phalguni Soni
  • uploads///Macys
    Consumer

    Macy’s Stock Falls after Earnings on Weak Outlook

    Macy’s (M) earnings for the third quarter yet again reflected the struggle that’s facing department stores in this highly competitive retail market.

    By Sirisha Bhogaraju
  • uploads///Macys
    Consumer

    Will Macy’s Q3 Earnings Add to Investors’ Worries?

    Yesterday, Macy’s (M) stock fell 10.9% after department store peer Kohl’s (KSS) announced weak third-quarter results and shared a gloomy outlook.

    By Sirisha Bhogaraju
  • uploads///TJX Companies
    Consumer

    TJX Companies’ Q3 Earnings Impress Investors

    TJX Companies (TJX) reported better-than-expected earnings results for the third quarter of fiscal 2020, which ended on November 2.

    By Sirisha Bhogaraju
  • uploads///TJX Companies
    Consumer

    Can TJX Once Again Impress with Its Q3 Earnings?

    TJX Companies (TJX) is scheduled to announce its fiscal 2020 third-quarter earnings results on November 19. Its third quarter ended on November 2.

    By Sirisha Bhogaraju
  • uploads///retail sales
    Company & Industry Overviews

    How US Retail Sales Changed in Two Decades

    The retail sales for 2018 were $4.3 trillion. From January to July 2019, the retail sales in this category rose 3.5% over the comparable period in 2018.

    By Rekha Khandelwal, CFA
  • uploads///tshirt _
    Consumer

    Baird Gives TJX an ‘Outperform’ Rating ahead of Q1 Results

    On May 14, Baird initiated coverage of TJX Companies (TJX) stock with an “outperform” rating and a price target of $63.

    By Sirisha Bhogaraju
  • uploads///TJX Stores
    Consumer

    TJX Companies and Ross Stores: Assessing Store Growth Plans

    While several retailers and department stores are closing down stores amid intense competition from online retailers, off-price retailers TJX Companies and Ross Stores (ROST) see a tremendous opportunity to grow their store base.

    By Sirisha Bhogaraju
  • uploads///TJXROST Margins
    Consumer

    TJX Companies or Ross Stores: Whose Margins Look Better?

    Margins of both TJX Companies (TJX) and Ross Stores (ROST) have been under pressure due to higher freight costs and wages.

    By Sirisha Bhogaraju
  • Consumer

    Will Burlington Stores Deliver Strong Sales Growth in Q3?

    Burlington Stores (BURL) is slated to announce its results for the third quarter of fiscal 2018 on November 28. Here’s what you can expect.

    By Sirisha Bhogaraju
  • uploads///clothing _
    Consumer

    How Analysts Reacted to TJX’s and Ross Stores’ Q3 Results

    TJX Companies and Ross Stores fell 4.4% and 9.4%, respectively, on November 20, the day they announced their earnings results.

    By Sirisha Bhogaraju
  • uploads///store _
    Consumer

    Will TJX Companies’ Growth Story Continue in the Third Quarter?

    TJX Companies (TJX) stock has risen by an impressive 40.6% on a YTD basis as of November 13.

    By Sirisha Bhogaraju
  • uploads///shopping _
    Consumer

    Burlington Stores: How It Plans to Boost Sales

    Burlington Stores (BURL) has had same-store sales growth for 22 consecutive quarters, which reflects the strength of its off-price business model.

    By Sirisha Bhogaraju
  • uploads///FIVE
    Consumer

    Comparing Five Below’s Valuation to Its Peers’

    As of July 5, Five Below (FIVE) was trading at a 12-month forward PE multiple of 36.4x.

    By Victoria Dean
  • uploads///BURL Sales
    Consumer

    Here’s What Drove Burlington Stores’ Sales Growth in Fiscal 4Q17

    Burlington Stores (BURL) generated net sales of $1.94 billion in fiscal 4Q17, which exceeded analysts’ consensus sales estimate of $1.89 billion.

    By Sirisha Bhogaraju
  • uploads///ROST Valuation
    Consumer

    Where Does Ross Stores’ Valuation Stand after Fiscal 4Q17?

    On March 8, 2018, Ross Stores (ROST) was trading at a 12-month forward PE (price-to-earnings) multiple of 18.4x.

    By Sirisha Bhogaraju
  • uploads///BURL Store footprint
    Company & Industry Overviews

    Burlington Stores’ Growth Strategies

    Burlington Stores (BURL) is taking several initiatives to deliver continued strong sales growth rates in a challenging market.

    By Sirisha Bhogaraju
  • uploads///TJX Q margins
    Consumer

    Why TJX Companies’ 2Q Margins Could Decline

    For fiscal 2Q18, TJX expects its fiscal 2Q18 gross margin to be in the 28.6%–28.7% range, compared with its gross margin of 29.4% in fiscal 2Q17.

    By Sirisha Bhogaraju
  • uploads///Margins
    Company & Industry Overviews

    Looking at Off-Price Retailers’ Margins in Fiscal 2017

    In fiscal 2016, Ross Stores’s gross margin increased 50 basis points to 28.7%.

    By Sirisha Bhogaraju
  • uploads///Sales off price
    Company & Industry Overviews

    Off-Price Retailers Look to Outperform Department Stores in 2017

    Despite a rough retail environment, off-price retailers TJX Companies (TJX), Ross Stores (ROST), and Burlington Stores (BURL) have been delivering strong sales growth. In this series, we’ll compare their margins, stock price movements, and analyst recommendations.

    By Sirisha Bhogaraju
  • uploads///
    Company & Industry Overviews

    A Snapshot of Dollar General, America’s Largest Dollar Store Chain

    Headquartered in Tennessee, Dollar General (DG) is the largest discount store retailer in the United States in terms of total sales.

    By Sonya Bells
  • uploads///TJX International segments
    Company & Industry Overviews

    Did the Brexit Vote Impact TJX’s International Sales in Fiscal 2Q17?

    TJX Companies anticipates its TJX Canada segment to deliver same-store sales growth of 7%–8% in fiscal 2017 and sales of $3.1 billion–$3.2 billion.

    By Sirisha Bhogaraju
  • uploads///JWN Rack Sales
    Consumer

    Nordstrom’s Off-Price Rack Business Delivers Again in Fiscal 2Q16

    Nordstrom’s off-price Rack business continued to display strength in fiscal 2Q16 ended July 30, 2016.

    By Sirisha Bhogaraju
  • uploads///TJX Margins
    Consumer

    Why TJX Companies’ 2Q Margins Could Be Under Pressure

    TJX Companies’ (TJX) gross margin in fiscal 1Q17 rose by 50 basis points on a year-over-year basis to 28.8%.

    By Sirisha Bhogaraju
  • uploads///JWN Rack stores
    Consumer

    Could Nordstrom’s Rack Stores Have Saved the Day in Q2?

    Aside from operating full-line upscale stores, Nordstrom also conducts off-price business through its Nordstrom Rack stores and off-price digital channels.

    By Sirisha Bhogaraju
  • uploads///Off price store count
    Company & Industry Overviews

    Inside the Store Expansion Plans of Off-Price Retailers in 2016

    By the end of fiscal 2015, TJX Companies had 2,697 off-price stores in the US under the names T. J. Maxx, Marshalls, HomeGoods, and Sierra Trading Post.

    By Sirisha Bhogaraju
  • uploads///off price inventory turnover ratio
    Company & Industry Overviews

    Why Off-Price Retailers Are Managing Inventory Better than Department Stores

    Efficient inventory management is one of the key attributes of off-price retailers like TJX Companies (TJX) and Ross Stores (ROST).

    By Sirisha Bhogaraju
  • uploads///off price margins
    Company & Industry Overviews

    Which Off-Price Retailer Has Higher Profitability in 2016?

    The lean business models and low-cost structures of off-price retailers TJX Companies and Ross Stores have helped them sustain high operating margins.

    By Sirisha Bhogaraju
  • uploads///TJX pie chart
    Earnings Report

    TJX Companies’ US Business in Fiscal 4Q16

    The US business of TJX Companies consists of 1,156 T.J. Maxx stores, 1,007 Marshalls stores, 526 HomeGoods stores, and eight Sierra Trading Post stores.

    By Sirisha Bhogaraju
  • uploads///BURL no
    Company & Industry Overviews

    Why Smaller Stores Provide a Better Growth Option for Burlington Stores

    Burlington has been focusing on opening smaller stores. The average size of the new stores opened in 2013 and 2014 was a little over 60,000 square feet.

    By Sirisha Bhogaraju
  • uploads///Porters five forces
    Company & Industry Overviews

    Burlington Stores’ Market Positioning in 2015 and Beyond

    Burlington Stores targets the value-conscious, middle-class consumer. The number of customers making purchases at the company’s stores is large.

    By Sirisha Bhogaraju
  • uploads///e commerce
    Company & Industry Overviews

    Burlington Looks forward to Strong E-Commerce Growth

    Burlington Stores launched its e-commerce website in 1999, making it the first off-price retailer to have an online presence.

    By Sirisha Bhogaraju
  • uploads///JWN long term growth
    Company & Industry Overviews

    Nordstrom’s Expansion Plans for Off-Price Rack Business

    On January 7, 2016, Nordstrom (JWN) announced its plans to open an off-price Nordstrom Rack store in Braintree, Massachusetts, in fall 2016.

    By Sirisha Bhogaraju
  • uploads///same store sales
    Company & Industry Overviews

    Can Nordstrom’s Rack Business Get Its Mojo Back?

    Nordstrom (JWN) has aggressively expanded into the off-price space through its Nordstrom Rack stores.

    By Sirisha Bhogaraju
  • uploads///BURL same store sales growth
    Company & Industry Overviews

    Burlington Stores’ Core Strategic Priorities for Future Growth

    In fiscal 2014, which for Burlington ended January 31, 2015, the company reported same-store sales growth of 4.9%, compared to 4.7% in fiscal 2013.

    By Sirisha Bhogaraju
  • uploads///BURL Chart  merchandise categories
    Company & Industry Overviews

    Understanding Burlington Stores’ Key Product Categories

    Burlington Stores derives its revenue from the sale of value-priced apparel, coats, and family footwear, baby furniture, accessories, home décor, and gifts.

    By Sirisha Bhogaraju
  • uploads///business model chart
    Company & Industry Overviews

    An Inside Out Look at Burlington’s Business Model

    Burlington follows an EDLP model, which helps customers get up to 60–70% savings off prices of similar merchandise in department and specialty stores.

    By Sirisha Bhogaraju
  • uploads///Sales Trend chart
    Company & Industry Overviews

    Burlington’s Small but Significant Presence in US Off-Price Retail

    In 2016, the US off-price retail market segment is getting interesting, with more and more major department stores branching into this lucrative space.

    By Sirisha Bhogaraju
  • uploads///same store sales chart
    Company & Industry Overviews

    Why Has Same-Store Sales Growth at Kohl’s Been Sluggish?

    Same-store sales represent the change in sales of the existing stores of a retailer over a certain period of time.

    By Sirisha Bhogaraju
  • uploads///Porters five forces
    Company & Industry Overviews

    Analyzing Kohl’s Positioning Based on Porter’s Five Forces

    Kohl’s sells private label merchandise as well as national brands. The company purchases merchandise from several domestic and foreign suppliers.

    By Sirisha Bhogaraju
  • uploads///ROST inventory
    Company & Industry Overviews

    A Look at Ross Stores’ Superior Inventory Management Skills

    Ross Stores’ inventory management system is supported by its strong supplier relationships and the strategic location of its buying offices.

    By Sirisha Bhogaraju
  • uploads///TJX Companies Sales by Region
    Miscellaneous

    The TJX Companies Enters Australia with Trade Secret Acquisition

    On October 25, The TJX Companies announced the completion of its acquisition of Trade Secret, an off-price retailer based in Australia.

    By Sirisha Bhogaraju
  • uploads///ROST same store sales
    Company & Industry Overviews

    Ross Stores’ Same-Store Sales Growth: A Consistent Track Record

    2Q15 marked the 26th consecutive quarter of positive same-store sales growth for Ross Stores. Its last fall in same-store sales growth was in the 4Q08.

    By Sirisha Bhogaraju
  • uploads///ROST Sales Mix
    Company & Industry Overviews

    Key Components of Ross Stores’ Sales Mix

    In fiscal 2014, women’s apparel accounted for 29% of Ross Stores’ sales of $11 billion. Home accents is also a key category at 24% of total sales.

    By Sirisha Bhogaraju
  • uploads///Rost store footprint
    Company & Industry Overviews

    Understanding Ross Stores’ Business Model

    Ross Stores operates under two trademarks: Ross Dress for Less and dd’s DISCOUNTS. There are 1,259 Dress for Less and 165 dd’s DISCOUNTS stores in the US.

    By Sirisha Bhogaraju
  • uploads///TJX Margins Q
    Earnings Report

    Why TJX Companies’ Margins Could Be under Pressure in 2Q16

    TJX Companies (TJX) expects its gross margin for the second quarter of fiscal 2016 to come in the range 28.5% to 28.6% range.

    By Sirisha Bhogaraju
  • uploads///Bloomberg consumer comfort index
    Macroeconomic Analysis

    How a Drop in the Consumer Comfort Index Affects Department Stores

    The Bloomberg Consumer Comfort Index declined to 40.3 in the week ended August 2 on a week-over-week basis. The index stood at 40.5 in the previous week.

    By Sirisha Bhogaraju
  • uploads///Bloomberg Comfort
    Macroeconomic Analysis

    Bloomberg Consumer Comfort Index Drops for Fourth Straight Week

    The Bloomberg Consumer Comfort Index fell to 40.5 in the week ended July 26, from 42.4 in the week before. This is the fourth week of decline and the second lowest level since November 2014.

    By Sirisha Bhogaraju
  • uploads///Nordstrom  year sales
    Company & Industry Overviews

    Nordstrom Highlights Growth Strategy at June Consumer Conference

    Nordstrom has strong multichannel capabilities through offline stores, online websites, and off-price stores. These have helped boost sales in tough economic times.

    By Sirisha Bhogaraju
  • uploads///Department stores May
    Company & Industry Overviews

    Nordstrom and its Peers Explore Opportunities beyond the US

    Facing heavy competition from online retailers, US department store sales have declined recently. Department stores are looking for growth opportunities in international markets.

    By Sirisha Bhogaraju
  • uploads///TJX stores
    Earnings Report

    TJX Companies’ Store Growth Plans for the US and Abroad

    In 4Q15, TJX reported a 4.0% growth in same-store sales, compared with 4Q14. This growth was driven by an increase in store traffic across all divisions.

    By Sirisha Bhogaraju
  • uploads///Canada Expansion
    Earnings Report

    Nordstrom Announces Plan for 6 Canadian Stores

    In March, Nordstrom announced the opening of its second international location in Canada. Nordstrom plans to open six Canadian stores through 2017.

    By Sirisha Bhogaraju
  • uploads///Net Sales
    Earnings Report

    Will Nordstrom’s Rack Stores Rake in Higher Sales in 1Q15?

    Sales of Nordstrom’s full-line stores declined by 0.3% in contrast to sales of off-price Rack stores that increased by 17.4% to $3.2 billion.

    By Sirisha Bhogaraju
  • uploads///Optimism
    Macroeconomic Analysis

    Does a Cautiously Optimistic FOMC Suggest a Deferred Rate Hike?

    The FOMC was saying that monetary policy needs to stay accommodative for economic growth to get back on track. Can we interpret this as putting a lid on a mid-year rate hike?

    By David Ashworth
  • uploads///Net Sales vs peers
    Macroeconomic Analysis

    What’s Attracting Major Department Stores to the Off-Price Space?

    Off-price retailers like TJX Companies sell merchandise at a discount of roughly 20.0%–60.0% compared to department stores.

    By Sirisha Bhogaraju
  • uploads///Challenger
    Macroeconomic Analysis

    Why Investors Need to Track the Challenger Job-Cut Report

    The Challenger Job-Cut Report indicated that March job cuts were 27.6%, down from February 2015, but increased by 6.4% compared to March 2014.

    By Sirisha Bhogaraju
  • uploads///Consistent Performance
    Company & Industry Overviews

    TJX Companies: A Growth Story Investors Should Know About

    With its off-price business model and operational efficiency, TJX Companies has consistently performed well, even in difficult economic conditions.

    By Sirisha Bhogaraju
  • uploads///Segment profitability
    Company & Industry Overviews

    TJX Companies – A Profitable Business Structure

    Among TJX Companies’ business segments, Marmaxx is the largest with 2,094 stores under the T.J. Maxx and Marshalls brands, and 64.3% of net sales.

    By Sirisha Bhogaraju
  • uploads///Same store sales
    Company & Industry Overviews

    Gauging TJX Companies’ Same-Store Sales Growth

    The growth in TJX Companies’ same-store sales slowed down in fiscal 2015, growing by 2.0% compared to 3.0% in fiscal 2014.

    By Sirisha Bhogaraju
  • uploads///Inventory Management
    Company & Industry Overviews

    TJX Companies’ Best-in-Class Inventory Management

    TJX Companies (TJX) has a very efficient internally developed inventory management system that helps the company ensure the proper flow of merchandise.

    By Sirisha Bhogaraju
  • uploads///Suppliers
    Company & Industry Overviews

    Why Strong Supplier Relationships Matter to TJX Companies

    TJX Companies (TJX) maintains strong supplier relationships with manufacturers and merchandise suppliers to ensure efficient levels of inventory.

    By Sirisha Bhogaraju
  • uploads///Debt Equity Ratio
    Company & Industry Overviews

    Why TJX Companies’ Debt Levels Are Lower than Department Stores’

    TJX Companies’ debt-equity ratio is higher than closest off-price rival but lower than department stores since TJX has strong internally generated cash flow.

    By Sirisha Bhogaraju
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