TJX Reports Q1 Earnings Up 8%, Beats Estimates

TJX Companies

TJX Companies beat Wall Street’s earnings estimates by three cents per share in the first quarter of fiscal 2016.

TJX’s Ben Cammarata Announces Retirement, Carol Meyrowitz to be Named Chairman

TJX Companies

After nearly 40 years at TJX Companies, Ben Cammarata has announced his retirement as chairman of the board.

Marshalls and T.J. Maxx to Raise Minimum Wages to $9 an Hour

TJX Companies

TJX CEO Carol Meyrowitz said that T.J. Maxx, Marshalls, HomeGoods and Sierra Trading Post workers would begin making at least $9 an hour in June.

TJX Q3 Earnings Per Share Up 13%

TJX Companies

TJX’s Q3 net income of $595 million, or $0.85 per share, was up 13% over last year.

TJX buys Sierra Trading Post for $200 million

TJX Companies

TJX Companies has acquired the privately held Cheyenne, Wyo.-based an off-price Internet retailer Sierra Trading Post for $200 million.

September spending strong at apparel retailers and department stores

Gap Inc. reported that September 2012 net sales increased 8% compared with last year.