Tag : TK Maxx
Can H&M’s Afound crack the UK outlet market? Subscription
H&M may struggle to steal market share in the competitive UK off-price market with its new discount retail platform, Afound, industry experts have said.
Last year: 56
Profit down at TK Maxx owner after DC investmentSubscription
TJX International, which operates discount retail chain TK Maxx in Europe and Australia, has posted a fall in Q3 profits after investing in a new UK distribution centre.
Investors acquire Manchester retail parkSubscription
Orchard Street Investment Management has acquired Altrincham Retail Park in Greater Manchester from the Crown Estate for £63.05m.
UK profits fall at TK Maxx Subscription
Profits at TK Maxx’s UK division fell 19.6% to £95.8m in the year to 28 January, down from £119.2m the year before, as the retailer battled rising employment costs.
Position last year: New entry
Analysis: Can TK Maxx maintain its success?Subscription
As TK Maxx reveals another strong financial performance, Drapers explores secrets of the off-price retailer’s success.
TK Maxx sales and profits riseSubscription
Sales at TK Maxx rose 11% to £2.4bn in the year to January 2016.
Ards Shopping Centre in Newtownards, Northern Ireland, is reconfiguring 45,000 sq ft of its retail space into four larger units, one of which will be occupied by TK Maxx.
TK Maxx owner posts sales and profit riseSubscription
TJX Europe, the parent company of off-price chain TK Maxx, increased net sales by 13% to $4.64bn (£3.31bn) excluding the impact of currency exchange, while profit was up 3% to $335m (£239bn) for the year to January 30.