The Latest Breaking News from TJX

Despite the uncertain macroeconomic conditions, the luxury industry has remained resilient. As inflation continues to ease and consumer spending remains strong, it could be wise to invest in fundamentally strong luxury stocks, TJX Companies (TJX), Weyco Group (WEYS), and J.Jill (JILL). Keep reading.

The resilience of the retail industry and holiday shopping could bode well for the apparel sector. Given this backdrop, apparel retail stocks TJX Companies (TJX), Ross Stores (ROST), and Oxford Industries (OXM), exhibiting significant growth potential, could represent the next big thing in retail. Hence, these stocks might be solid…

Consumer discretionary stocks have been challenging places to invest in, but these picks could overcome several sector headwinds.

Despite the stubbornly high inflation, consumer spending remains resilient. Experts anticipate robust holiday spending this year, with holiday sales expected to be well above the 10-year average. Amid this, quality retail stocks Walmart (WMT), The TJX Companies (TJX), Capri Holdings (CPRI), and J. Jill (JILL) look poised to soar higher…

Loyal customers and inflation-proof pricing power will help these companies pay off for investors even in a tough economy.

With inflation on the rise over the past 12 months, it should come as no surprise the consumer discretionary sector is the third-worst performing sector in the S&P 500, down roughly 20% year-to-date, as of Sept. 9.

U.S. crude oil futures traded higher this morning. Investors, meanwhile, focused on some notable insider trades.

The Nasdaq Composite dipped more than 300 points on Monday. Investors, meanwhile, focused on some notable insider trades.

TJX Companies Inc. — operator of T.J. Maxx, Marshalls and Homegoods stores, among others — has agreed to pay a $13 million civil penalty for selling previously recalled consumer products.

TJX Companies (NYSE:TJX) has outperformed the market over the past 20 years by 6.18% on an annualized basis producing an average annual return of 13.01%. Currently, TJX Companies has a market capitalization of $66.22 billion.

Given the rising prices and the possibility of a recession, consumers are rushing to discount stores or off-price retailers to buy general merchandise at lower prices. This rising foot traffic and enhanced product and service offerings should benefit prominent off-price retailers TJX (TJX) and Target (TGT). But which of these…