Reported about 13 hours ago
TJ Maxx's parent company, TJX, believes that the potential chaos from President-elect Trump's proposed tariffs on all US imports could actually benefit the discount retailer. Unlike many competitors who rely heavily on imports, TJX mostly purchases excess merchandise directly from brands, allowing it to bypass additional costs from tariffs on imported goods. The company anticipates that the tariffs will create opportunities for better deals as retailers hurry to import products before the increased taxes take effect, positioning TJX to maintain competitive pricing even if some costs rise due to tariffs.
Source: YAHOO