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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May- 2020 -12 MayComment
The impact of extended returns policies for retailers and customers
Many retailers have announced that they will be extending their returns policies to help customers adapt to the current situation. Coronavirus has certainly forced businesses to make critical decisions over a very short space of time, with the ability to engage in normal shopping practices removed and adaption required immediately.…
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Mar- 2020 -27 MarchCoronavirus
Next and TK Maxx halt online operations
Retail giants Next and TK Maxx have both announced the temporary closures of their online operations amid the ongoing coronavirus crisis. Next announced it had made the “difficult decision” to temporarily close its online, warehousing and distribution operations for the foreseeable future The retailer said that it had “listened very…
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20 MarchClothing & Shoes
TK Maxx closes UK stores amid Covid-19 virus outbreak
Discount store TK Maxx has become the latest retailer to take the decision to temporarily close its stores amid the recent outbreak of coronavirus. TK Maxx has announced all stores in the United States, Canada, Europe and Australia have will close for two weeks. The company has also announced it…
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Feb- 2020 -10 FebruaryDepartment Stores
Selfridges managing director exits
Simon Forster, managing director of Selfridges has departed from the department store after just over a year in the position. According to The Sunday Telegraph, Forster “abruptly” left last week amid a “loss in confidence in his leadership.” Selfridges said Forster decided to “pursue other interests”, but Insiders told The…
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Jan- 2019 -22 JanuaryAdvice
Four key trends that will shape retail over the next 12 months
“Retailers need to be ready for an onslaught of industry change. They need to look at store standards and up their game… in order to compete” former Landmark Wholesale MD, Martin William forewarned in 2018. Industry change is certainly happening, but it’s by no means all bad news. New ‘experimental’…
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Nov- 2018 -26 NovemberClothing & Shoes
Missguided boss slammed by MPs for Parliamentary no-show
Nitin Passi, the CEO and founder of online retailer Missguided, has been criticised by MPs for refusing to appear in the Houses of Parliament as part of an investigation into fast fashion. In a letter to Passi, MP Mary Creagh chair of the Environmental Audit Committee, said she was “disappointed”…
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Aug- 2018 -22 AugustClothing & Shoes
TK Maxx parent company announces 12% sales increase
The parent company of TK Maxx, TJX, has announced it has seen a 12% increase in net sales for the last financial year, double last years figure. Comparable store sales for the company’s European division rose to 4% over the last quarter from just 1% over the same quarter the…
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Jul- 2018 -23 JulyGovernment
Committee finds retailers ‘poor’ at regulating fur sales
The Environment, Food and Rural Affairs Committee has found that retailers, local authorities and Trading Standards have been “poor at enforcing regulations around the sale of real fur”, following its recent inquiry. The committee also said that Brexit would provide an opportunity for the UK to improve its system of…
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11 JulyComment
Has Sports Direct entrepreneur Mike Ashley made a naming faux pas?
The founder of Sports Direct, Mike Ashley, is the latest business owner to attract unwanted attention from US retail giant, TK Maxx, over the choice of a new brand name. Should he have seen it coming? The dispute centres on the use of the name, Brand Max, as the brand…
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