TJ Maxx and Target Aim to Mitigate Tariff Effects

Reported 2 days ago

Executives from TJX Companies, which owns TJ Maxx and Marshalls, assert that they can largely offset the impact of tariffs without changing their annual forecasts, expecting steady sales growth. In contrast, Target has revised its outlook downward due to tariff impacts, expecting a slight sales decline for the fiscal year while attempting to avoid price increases.

Source: YAHOO

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