New York CNN Business — TJ Maxx built its appeal on the “treasure hunt” shopping experience. There are already early signs that many shoppers are eager to return to reopened TJ Maxx stores, despite lingering fears of the coronavirus. In fact, TJ Maxx has stopped reopening stores back up to customers for the first time on Saturdays because too many …
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 …