The TJX Companies (TJX) Partners With Axo for Mexico Expansion [Yahoo! Finance]
TJX Companies, Inc. (The) (TJX)
Last tjx companies, inc. (the) earnings: 2/26 08:00 am
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Source: Yahoo! Finance
brands in Mexico and South America across various retail formats, encompassing full-price and discounted offerings. More on Headlines Per the agreement, TJX will hold a 49% stake, while Axo will have a 51% stake in the joint venture. The collaboration will incorporate Axo's existing off-price, brick-and-mortar retail operations in Mexico, encompassing more than 200 stores under its Promoda, Reduced and Urban Store brands. The envisioned transaction is slated to be completed toward the end of 2024. The TJX Companies is keen on extending its presence into Mexico through the partnership with Axo, aiming to amplify and refine its performance. Drawing upon TJX's extensive experience as a global off-price retailer, coupled with Axo's established network of more than 200 off-price stores and three decades of operational expertise in Mexico, management envisions significant potential for growth in this new region. This leading off-price apparel and home fashion retailer anticipates de
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TJX
Earnings
- 5/22/24 - Beat
TJX
Sec Filings
- 6/6/24 - Form 4
- 6/6/24 - Form 4
- 6/6/24 - Form 4
- TJX's page on the SEC website