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Business|ANALYSIS

Shares at The TJX Companies INC (TJX) reach an all-time high on better-than-expected Q3

Shares of The TJX Companies, Inc. (TJX) hit a new all-time high of 76.94 dollars apiece after the retailer reported strong third-quarter results, with both earnings and sales exceeding expectations. The discounted price retail group posted earnings of 0.84 dollars per share, up 18.3 percent year-over-year. That was also 4 cents ahead of analysts...

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Management|ANALYSIS Featured

How TJ Maxx and the likes are stealing America’s middle class’ hearts

Retail experts in the US are in clear agreement: off-price retailers - such as T.J. Maxx and Marshalls’ parent group TJX Cos., Ross Dress for Less, Burlington Coat Factory, and Nordstrom Rack - have replaced mainstream mall players and stolen the middle-income shoppers’ hearts. "The challenge is that American consumers went into frugality mode...

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