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Stock impact report

As consumer confidence dips, off-price retailer TJX remains a top stock to own [MSNBC.com]

TJX Companies, Inc. (The) (TJX) 
Last tjx companies, inc. (the) earnings: 2/26 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.tjx.com
Company Research Source: MSNBC.com
We know many of the shoppers who frequent TJX Companies ' off-price chains love treasure hunting. What entices them to keep coming back for all those discounted designer clothes and trendy home furnishings, however, is something less talked about and works even in tough economic times. According to UBS analyst Jay Sole, it is TJX's strong relationships with 21,000 vendors around the globe that allow it to get the best deals on merchandise for its stores, which includes T.J. Maxx, Marshalls, and HomeGoods. "For a lot of vendors, TJX is their biggest customer," Sole told CNBC at last week's UBS consumer and retail conference in New York City. "They want to grow with a company like TJX that's winning and taking market share, especially if some Read more
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