December 6, 2007
Cheap Gifts Lift TJX In Nov.
By Matthew L. Brown
Framingham-based TJX Cos. Inc. said keen inventory management led to a greater-than-expected $1.8 billion in sales for November.
That's a 10 percent increase over the same period a year ago. For the 43-week period ended Dec. 1, the company reported sales of $15.1 billion, a 7 percent increase over 2006.
The company said well-managed inventory allowed its stores to stock "exciting gift-giving merchandise."
TJX operates a variety of bargain retailers including TJ Maxx, Marshalls and HomeGoods.
That's a 10 percent increase over the same period a year ago. For the 43-week period ended Dec. 1, the company reported sales of $15.1 billion, a 7 percent increase over 2006.
The company said well-managed inventory allowed its stores to stock "exciting gift-giving merchandise."
TJX operates a variety of bargain retailers including TJ Maxx, Marshalls and HomeGoods.
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