OnSite News

Bargain-hungry treasure hunting helps TJX Companies beat sales forecast

May 30, 2018

Low prices and a “treasure hunt” format helped TJ Maxx and Marshalls parent, TJX Cos., beat analysts’ forecasts in the first quarter. “We are convinced that the ability to touch and feel the merchandise and the inspiration that our shopping experience elicits, leads to instant gratification — all important factors for shoppers,” CEO Ernie Herrman said. Shares of the company‚Äôs stock hit a record high on May 22nd.

Eric Abroms and Scott Saddlemire of OnSite Retail Group represent The TJX Companies in the Greater Cincinnati, Dayton and Columbus, Ohio markets. Click the link below to read the full story from Reuters.

Bargain-hungry shoppers help TJX beat sales forecasts