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Retail Discounter TJX Is Thriving as Inflation Pressures Consumers

Retail Discounter TJX Is Thriving as Inflation Pressures Consumers

The setup into the fourth quarter reflects some caution, but TJX sees a “tremendous buying environment.” Momentum at the Marmaxx unit, along with TJX’s off-price business model of [selling] on-trend branded goods at a discount to traditional retailers, suggest an attractive channel for cash-strapped shoppers in the holiday quarter.