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On August 19, 2020, TJX Companies continue to deal with the COVID-19 pandemic's effect on its business. The company announced that revenues dropped 31% over the months of May, June, and July, primarily due to extensive closures of the shop for around one-third of the period. TJX Companies reported a second-quarter loss of $214 million. [31]
Marshalls store in Erin Mills Town Centre, Mississauga, Ontario, Canada. Marshalls, Inc. is an American chain of off-price department stores owned by TJX Companies.Marshalls has over 1,000 American stores, including larger stores named Marshalls Mega Store (stores operating with HomeGoods combined), covering 49 states and Puerto Rico, and 61 stores in Canada.
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TK Maxx [a] is a subsidiary of the American apparel and home goods company TJX Companies. Its first store opened in 1994 in the United Kingdom. The chain uses a different name from TJ Maxx stores in the United States to avoid confusion with the British retailer T. J. Hughes. TK Maxx now also operates in Australia, Ireland, Germany, Poland ...
Ernie Herrman, chief executive officer and president of off-price giant The TJX Cos. Inc., drew a compensation package valued at $14.5 million in 2020, a 23.8 percent cut from a year earlier ...
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