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Search results for tjmaxx

Macy’s will close 125 stores in the next three years
4 years, 11 months ago

Macy’s will close 125 stores in the next three years

CNN  

New York CNN Business — Macy’s said Tuesday that it will close 125 stores over the next three years, nearly one fifth of its total locations, in another blow to American department stores. Macy’s planned closings follow years of struggles at US department stores, which have been bruised by the rise of Amazon and the expansion of low-price clothing chains …

Store Stores Macy 125 Stores
Target and TJMaxx are killing department stores
5 years, 1 month ago

Target and TJMaxx are killing department stores

CNN  

New York CNN Business — Department stores like Macy’s have a big problem, and it’s not Amazon: Discount retailers Target and TJMaxx continue to take their customers. Macy’s posted a sales decline of 3.9% at stores open for at least a year, the company said Thursday. Kohl’s sales at stores open for at least a year last quarter ticked up …

Sales Target Stores Macy Kohl Department Stores Jcpenney
Grocery Outlet, the TJMaxx of supermarkets, is going public
5 years, 7 months ago

Grocery Outlet, the TJMaxx of supermarkets, is going public

CNN  

New York CNN Business — The US economy is strong, yet discount retailers are booming. That’s why “extreme value” supermarket chain Grocery Outlet believes its the perfect time to hit the public market. “Consumers’ search for value is the new normal in retail,” Grocery Outlet said in its filing. Paul Bersebach/Orange County Register/Getty Images Dollar General, Ollie’s Bargain Outlet, TJX, …

Retail Discount Ross Stores Outlet Grocery Grocery Outlet
After winning Moms, Kohl’s goes after Millennials
5 years, 8 months ago

After winning Moms, Kohl’s goes after Millennials

CNN  

New York CNN Business — Kohl’s has built a loyal shopping base of middle-aged moms. “We have not done our job,” Kohl’s CEO Michelle Gass said last year of the department store’s history with Millennial shoppers. Corey Perrine/CNN Last year, Kohl’s created a “Millennial Initiative” team to develop ideas for experiences in stores and online that might attract younger customers. …

Millennials Bar Philadelphia Cnn Target Store Shoppers