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.