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TJX Calls Out Q4’s Category Stars

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

TJX Cos. on Wednesday posted a rare miss on Wall Street’s Q4 earnings per share and revenue estimates, largely due to store closures. In a Nutshell: President and CEO Ernie Herrman said the retailer’s open-only comparable store sales were down just 3 percent, topping internal plans. “Our brands, values, and exciting gift assortments resonated with…

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