All TK Maxx & TJX articles – Page 6
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AnalysisAnalysis: Retailers’ evolving communications strategies
Retailers’ evolving communications strategies have sparked reviews of the creative agencies they work with.
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AnalysisConsumer insight: Gap in the over 60s retail market
The UK’s population is ageing, making the over-60s an increasingly important consumer market. Rebecca Thomson meets consumers from that generation to find out how they shop, what the industry needs to improve and which retailers are winning their custom.
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News
Off-price retailer TJX reports increase on first-quarter earnings
Off-price retailer TJX reported that first-quarter earnings soared 58% compared with the same period a year earlier. For the quarter ended April 28, TJX recorded a profit of $419.2m (£265.5m), up from $266m (£168.5m) in the prior year. Sales rose 11% to $5.8bn (£3.67bn) while gross margin climbed to 28.2% ...
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NewsSuperGroup raids John Lewis for chief operating officer
SuperGroup has made two senior appointments, poaching Susanne Given from John Lewis and hiring former Habitat chief operating officer Shaun Wills.
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OpinionPrimark is a step ahead
Nicola Harrison has worked on the news desk at Retail Week for three years, covering property, furniture, DIY, and entertainment.
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AnalysisProfile: Paul Sweetenham
The former TK Maxx boss is to lead fashion retailer Republic’s drive for growth. Gemma Goldfingle reports.
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NewsPoundland pulls out of government work scheme
Poundland has withdrawn from the government’s controversial work programme after media pressure has put the scheme under the spotlight.
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NewsTesco online food sales to double in next five years
Grocery giant already close to controlling 50% of internet food sales.
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NewsRetailers to meet with government over Get Britain Working scheme
Argos and Superdrug are to meet with government next week to discuss their involvement in the controversial Get Britain Working scheme.
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AnalysisMichael MacMillan
The new head of European operations at TJX and stalwart of the business is ideally placed to execute its store expansion plans. Tiffany Holland reports.
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NewsTJX Europe president Paul Sweetenham to depart
TK Maxx owner TJX Europe senior executive vice president Paul Sweetenham is to leave the company.
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AnalysisReview of the Year 2011: 08. August
It was a dark month for retail, against a violent and costly backdrop of the riots.
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AnalysisAnalysis: The out-of-town fashion set
Some fashion retailers are mixing things up and turning to retail parks for store growth. Is this a trend that will increase? Rebecca Thomson examines the shift and asks if it will last.
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News
Potential to operate stores in existing countries, says TJX
Off-price retailer TJX has said that it believes there is potential to operate 4,200 to 4,500 stores in its existing countries versus the 2,913 estimated to be in operation by the end of this financial year.The company is looking to have between 300 and 325 stores in the UK and ...
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AnalysisInternational growing pains
Retailers face a multitude of supply chain challenges as they expand beyond their home market. Rebecca Thomson looks at how retailers are tackling some of these issues
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NewsTK Maxx owner triples profits in Q2
TJX Europe, the parent company of off-price fashion chain TK Maxx, tripled its profits in the second quarter of 2011 as like-for-like sales in Europe remained stable.
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NewsTK Maxx slows expansion as trading toughens
TJX Europe, the parent company of off-price fashion chain TK Maxx, is slowing its store expansion strategy as its like-for-like sales fell 5% in the first quarter of 2011.
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AnalysisDeveloping your best staff
Training can lift a business no end. Rebecca Thomson learns how it’s helping Liverpool retailers.
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NewsTK Maxx unveils radical new ad message
TK Maxx has unveiled its spring television advertising campaign which breaks with tradition and lets shoppers into the closely-guarded secret, that the chain deals directly with designers rather than just sourcing old season stock.