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Tidjane Thiam
Ex-Credit Suisse chief Tidjane Thiam’s Spac sued by Chinese partner
...It also brought in TJ Rodgers, a venture capitalist and former head of Cypress Semiconductor who invested in the company and sits on its board as executive chair....
February 6, 2024
US economy
US retail sales fall less than expected in sign of consumer resilience
...TJX Companies, which owns discount retail chains TJ Maxx and Marshalls, reported better than expected results on Wednesday and raised its full-year outlook for earnings and comparable sales....
November 15, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Due Diligence
Microsoft and Activision refuse to give up the game Premium content
...Someone call HR The Tabloid-strewn affair between ABC News anchors TJ Holmes and Amy Robach has cast a spotlight on what has been described as the network’s “rampant culture of sex” — which sometimes turned...
February 9, 2023
LexRetail sector
Target/TJX: retail’s inventory problem is an opportunity for off-price stores Premium content
...The largest — TJX — owns TJ Maxx, Marshalls, and HomeGoods. It boasts a market value of $71bn, making it the sixth-biggest bricks-and-mortar retailer in the US by that metric....
June 7, 2022
Companies
Dash for cash: companies draw $124bn from credit lines
...Car manufacturer Ford borrowed $15.4bn and announced it would shut down factories to preserve cash; brewer Anheuser-Busch InBev raised $9bn as taps stopped flowing; and TJ Maxx-owner TJX and Kohl’s each...
March 25, 2020
LexDollar General Corp
Dollar stores: buck country Premium content
...Some middle-class shoppers buy their clothes at TJ Maxx out of choice. They top up their pantries with trips to dollar stores in the same bargain-hunting spirit....
November 3, 2019
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
US retail
US retail stocks hit as Kohl’s, Home Depot and Urban Outfitters fall short
...The discount retail group, which operates TJ Maxx and Marshalls, reported a stronger-than-forecast 4 per cent rise in like-for-like sales and lifted its earnings guidance for the full year....
November 19, 2019
Due Diligence
The phone call that should’ve terrified BofA Premium content
...investors hold out for better deal (FT) War for Madrid Exchange to widen as Deutsche Boerse considers bid (BBG) Tech start-ups: the WeWork non-effect (Lex) German small savers hit with negative rates (FT) TJ...
November 20, 2019
US retail
Falling sales at big US department stores spark sell-off
...TJX, which owns Marshalls and TJ Maxx, announced a 5 per cent rise in like-for-like sales on Tuesday....
May 21, 2019
World
China’s Xiongan-linked stocks jump after planning meeting
...BBMG Corporation, which describes itself as a leader in building materials in the Beijing-Tianjin-Hebei area surged 10 per cent to the daily limit in Shanghai and Beijing-based engineering company China Zhonghua...
January 3, 2018
US equities
Target slides on worries over holiday shopping season
...Target announced in March a plan to sacrifice $1bn of profit margin this year to better compete against Amazon on the ecommerce front and against Walmart and TJ Maxx on the price front....
November 15, 2017
Retail & Consumer industry
Target lifts guidance as private brands drive sales growth
...By contrast, TJX Companies, the parent of off price discount chains TJ Maxx and Marshalls, and one of the more resilient retailers, was punished by investors after posting a rare miss in comparable sales...
November 15, 2017
US & Canadian companies
US retail sector’s misery — in charts
...Investors will tune in next week to see if TJX Cos, behind chains such as TJ Maxx and Marshalls; and Ross Stores, had a better start to the year than their traditional rivals, even though those traditional...
May 13, 2017
US & Canadian companies
Ralph Lauren tops low expectations on sales
...The rise of ecommerce and fast-fashion retailers — such as H&M and the Inditex-owned Zara chain, that mimic runway styles for a fraction of the cost — and outlets such as TJ Maxx that offer branded clothing...
August 10, 2016
Insurance
Movers & shakers: July 18
...• Eaton Vance has hired Tjalling (TJ) Halbertsma to lead business development globally for the $318.7bn US-listed asset manager. Mr Halbertsma will join in September from Nuveen Investments in London....
July 17, 2016
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
News in-depthUS & Canadian companies
Push for higher wages squeezes US corporate profits
...Companies ranging from Walmart and McDonald’s to Costco and TJ Maxx have felt sufficient pressure to increase their entry-level wages voluntarily....
July 1, 2016
US presidential election
Bridge crosses big divide between Mexico and US
...Many residents of TJ, as the city is known, work, go to school or shop across the border. “People here don’t talk about the US,” he said. “They say ‘the other side’.”...
December 8, 2015
US equities
Macy’s falls on lower profits and slower sales
...Pall Corp shares climbed 4.4 per cent to $123.89, after Danaher Corp agreed to acquire the maker of water-filtration and purification systems in a $13.8bn all-cash deal....
May 13, 2015
US & Canadian companies
McDonald’s to raise wages for 90,000 US workers
...McDonald’s joins Target, TJ Maxx, Gap and Ikea in raising wages....
April 1, 2015
US & Canadian companies
Amazon launch lands in rivals’ mailbox
...TJ Keitt, an analyst at Forrester, said some users’ security concerns about Google and Microsoft’s email and file sharing services could offer Amazon a way into the market....
January 28, 2015
US downturn
Home Depot benefits from DIY resurgence
...Among other retailers to shine was TJX Companies, owner of TJ Maxx, Marshalls and HomeGoods, surging almost 9 per cent at $58.56....
August 19, 2014
LexRetail & Consumer industry
AB Foods: UK retailers in the US
...Primark will be taking on the likes of TJ Maxx (located just down the street from Filene’s) and Target. Market valuations are optimistic for Primark....
April 23, 2014
US & Canadian companies
Target security breach hits 40m customer accounts
...The theft appeared to be one of the biggest breaches of data security in the retail sector since TJX Companies – a discount chain that owns TJ Maxx in the US and TK Maxx in the UK – said in 2007 that it...
December 19, 2013
Cyber warfare
Target data theft sounds wake-up call for retailers
...Until the Target attack, the largest data breach on record for a retailer was in 2007 when 90m records were stolen from TJX Companies, the parent company of retailers TJ Maxx and TK Maxx....
January 15, 2014
Life & Arts
Pop and nostalgia: Richard Hamilton at Tate Modern
...In Picasso and Truth, the art historian TJ Clark argues that, faced with horror, European modernists retreated to the interior: Picasso’s and Matisse’s studio paintings, Bonnard in his bathroom, Duchamp...
February 14, 2014

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