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Tariffs Squeezing TJX Margins as Off-Pricer Invests in Russian Apparel Chain

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

Off-pricer The TJX Cos. Inc. had nothing to complain about for its third-quarter results, besting Wall Street’s consensus estimates, which also saw the chain take a minority stake in Familia, a Russian off-price chain. But company executives also note that it’s starting to see some margin pressure from tariffs. In a Nutshell: While the third-quarter…

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