Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

TK Maxx sales and profits rise

Sales at TK Maxx rose 11% to £2.4bn in the year to January 2016.

TK Maxx

Pre-tax profits were up 11% year on year £142.3m.

TK Maxx opened 25 new stores last year, and 24 more are planned in 2017. Like-for-like sales were up 4.6% on the year before.

The retailer said costs were kept low by cutting back on advertising and store fittings, as well as focusing “aggressively” on expenses.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.