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

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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