TK Maxx's like-for-like sales rose 6 per cent in for the first quarter of this year in Europe.

TK Maxx, which is owned by The TJX Companies and also runs the HomeSense homewares chain, posted a 12 per cent sales increase for Europe to US$495 million (£255.1 million) in the period to April 26. Group sales rose 6 per cent to US$4.4 billion (£2.27 billion).

TJX president and chief executive Carol Meyrowitz said: “We are excited by our prospects for growth in Europe, having opened our first HomeSense stores in the UK and another TK Maxx store in Germany.

“As we move into the second quarter, we are well-positioned to continue to capitalise on merchandise opportunities and deliver great value to our customers.”

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