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.

Store closures continue to weigh on TJX

TJX Companies

The cost of shuttering its AJ Wright clothing chain continues to weigh on off-price retailer The TJX Companies, which saw its first quarter profit fall 19.7%.
The Framingham, Massachusetts based firm said net income fell to $266m, or $0.67 per share in…

TJX revamps management structure

TJX Companies

Cut-price retail group The TJX Companies has shuffled its senior management team as part of its ongoing programme of leadership succession planning. The changes see Carol Meyrowitz continue as CEO for at least another two years, with Ernie Herrman prom…