As ongoing economic challenges have continued to affect consumer behavior, PYMNTS Intelligence finds that deal-seeking behavior has long since become mainstream. By the Numbers PYMNTS Intelligence’s study last year, “Consumer Inflation Sentiment Report: Higher Prices Fuel a Deal-Seeking Competition,” drew from a survey of more...
The TJX Companies is seeing young consumers join the mix, suggesting that Generation Z shoppers are looking for bargains. The off-price retail company, parent of TJ Maxx, Marshalls, HomeGoods and others, shared on a call with analysts Wednesday (Feb. 28) discussing its fourth-quarter and full-year...
The decision to shut down an online business to prioritize a brick-and-mortar retail strategy might seem counterintuitive. However, there are instances where this move could make perfect sense, driven by factors like inflation and the sensory experience offered by physical stores. HomeGoods announced Wednesday (Oct....
The TJX Companies saw softer sales at its home businesses after two years of “extraordinary growth.” For full-year fiscal 2023, comparable store sales at the firm’s HomeGoods and Homesense locations were down 7% while those at T.J. Maxx, Marshalls and Sierra were up 7%, TJX...
October 14, 2024
They say you eat with your eyes first. The same can be said of in-store experiences for consumers. DGS Retail’s recent acquisition of SMS Display Group and its rebranding to Agility Retail Group signals a larger trend in the retail industry: the growing emphasis on enhancing in-store customer experiences. By merging visual merchandising expertise with […]
February 22, 2023
The TJX Companies saw softer sales at its home businesses after two years of “extraordinary growth.” For full-year fiscal 2023, comparable store sales at the firm’s HomeGoods and Homesense locations were down 7% while those at T.J. Maxx, Marshalls and Sierra were up 7%, TJX said in a Wednesday (Feb. 22) press release. “Sales at […]
May 18, 2022
Stores in the TJX Companies family are part of a growing trend of shoppers returning to brick-and-mortar stores, with its Marshalls and TJ Maxx stores leading the way in increased...
November 17, 2021
Discount apparel and home goods retailer The TJX Companies on Wednesday (Nov. 17) said third-quarter sales were up 24% year-over-year and up 20% compared to the same time two years...
November 18, 2020
Retail giant TJX Cos. said Wednesday (Nov. 18) that it plans to add eCommerce to its HomeGoods.com site in 2021 as same-store sales at its flagship Marshalls and T.J. Maxx...
