Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Framingham, United States
Retail
TJX Same-Store Sales Miss Estimates as Competition Stiffens
With traditional retailers such as Macy's and Nordstrom foraying into discounts, off-price stores like T.J. Maxx and Burlington Stores are struggling to boost sales.
TJX Same-Store Sales Miss Estimates as Competition Stiffens
With traditional retailers such as Macy's and Nordstrom foraying into discounts, off-price stores like T.J. Maxx and Burlington Stores are struggling to boost sales.
Financial Markets
TJ Maxx Retains Investor Appeal as Sales Accelerate
With comparable sales growth of 6 percent, TJX joins Nordstrom as one of the second quarter’s retail winners.
TJ Maxx Retains Investor Appeal as Sales Accelerate
With comparable sales growth of 6 percent, TJX joins Nordstrom as one of the second quarter’s retail winners.
Financial Markets
Bargain-Hungry Shoppers Help TJX Beat Sales Estimates
Online shopping has taken a toll on traditional brick-and-mortar stores, but TJX has not seen huge cuts in inventory and store closures.
Bargain-Hungry Shoppers Help TJX Beat Sales Estimates
Online shopping has taken a toll on traditional brick-and-mortar stores, but TJX has not seen huge cuts in inventory and store closures.
Financial Markets
TJX Same-Store Sales Top Estimates as Shoppers Hunt for Deals
TJX Cos Inc reported a bigger-than-expected rise in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and home goods.
TJX Same-Store Sales Top Estimates as Shoppers Hunt for Deals
TJX Cos Inc reported a bigger-than-expected rise in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and home goods.
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The News in Brief
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.