TK Maxx
This coverage provides comprehensive analysis of TK Maxx’s operations and strategy within the UK retail sector. Reporting includes store expansion plans, marketing campaigns, executive appointments, and financial performance. With attention to its positioning in the off-price retail market, the content supports retail professionals monitoring brand growth, customer engagement, and competitive dynamics in value-driven fashion retail.
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Mar- 2023 -8 MarchHigh Street
TK Maxx eyes further London expansion
TK Maxx is reportedly looking to expand its presence in London, the Evening Standard has reported. As the capital continues to bounce back from Covid restrictions and with the recent ONS analysis regarding a boost in footfall levels, TK Maxx is reportedly among the companies keen to open more shops…
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Feb- 2023 -23 FebruaryClothing & Shoes
TK Maxx owner sees Q4 net sales hit $14.5bn
TJX Companies, parent company of discount clothes retailer TK Maxx, has announced a 5% increase in net sales to $14.5bn (£12bn), for the 13 weeks ended 28 January. The company’s Q4 net sales in Europe and Australia rose 1% to $1.81bn (£1.5) compared with $1.80bn (1.49bn). This is an 11%…
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22 FebruaryPeople Moves
Original Factory Shop offers interviews to laid off Wilko staff
The Original Factory Shop has announced that it will guarantee an interview to anyone who is at risk of or has been laid off by Wilko or New Look. It has also offered guaranteed interviews to people who have been affected by redundancies at Argos, B&Q, M&Co, Paperchase and TK…
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Aug- 2022 -19 AugustHigh Street
TK Maxx owner’s sales hit by ‘historical’ inflation
TK Maxx owner, The TJX Companies, has revealed net sales for the second quarter of Fiscal 2023 ended July 30 2022 decreased 2% to $11.8bn (£9.9bn). It comes as US sales fell by 3.2% to $9.1bn (£7.5bn), Europe and Australia net sales dropped 1.5% to $1.5bn (£1.24bn), while Canada net…
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May- 2022 -11 MaySupermarkets
Motatos bolsters senior team ahead of UK launch
Swedish-based grocery retailer, Motatos, has strengthened its leadership team ahead of its launch in the UK next month. It has hired Christabel Biella as UK country manager, who brings a decade of UK retail experience to the group. Her previous roles include merchandising and purchasing roles at House Of Fraser,…
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Mar- 2022 -9 MarchClothing & Shoes
Mothercare joins retailers in suspending Russian business
Mothercare has announced that all business in Russia, including the shipment of all its products has been suspended in the wake of the ongoing Ukraine crisis. It comes as major retailers and businesses around the world have all joined in boycotting Russian business in a bid to put increased pressure…
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7 MarchNews
TK Maxx cuts ties with Russia
TK Maxx has announced it has taken “meaningful” business actions to cut ties with Russia. The announcement comes in addition to supporting its associates and the ongoing humanitarian relief efforts. Consistent with the firm’s corporate values, it said it is “committed” to divest its minority investment in Familia, a Russian…
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May- 2021 -21 MayCoronavirus
Ikea and Primark most searched for brands since reopening, study finds
Ikea and Primark have been the most searched for brands following restrictions being lifted in April, according to new data from Dojo which has revealed the UK’s spending habits. The UK payment provider analysed Google search volumes to reveal the most in-demand brands post-lockdown, and which activities Brits were looking…
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Feb- 2021 -25 FebruaryClothing & Shoes
TK Maxx owner sees 10% sales slide due to lockdown
TJX Companies, the parent company of TK Maxx, has reported a 10.7% drop in FY21 net sales to $32.1bn (£22.6bn), which it revealed reflects the “negative impact of temporary store closures for approximately 24% of the year”. The retail group, which also operates the Marmaxx and HomeGoods brands in the…
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Aug- 2020 -21 AugustClothing & Shoes
TK Maxx owner suffers £161m Q2 loss
TJX Companies, the owner of fashion retailer TK Maxx, has reported a net loss of $214m (£161m) for the second quarter of the year, despite better than expected sales. It reported net sales for the three month period ending 1 August 2020 for $6.7bn (£5bn) down from $9.7bn (£7.3bn). Overall…
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