TJX - Discount Retailer Benefits from Increasing Customer Traffic!

Key Driver: TJX Companies (TJX) is one of the most successful discount retail chains in the fashion sector with over 5,000 locations. With its "Off-Price" business model that involves purchasing designer fashion, shoes, accessories, as well as furniture, household goods, and home decor from excess inventory, clearance sales, and bankruptcies, the company performs well in the currently inflationary market environment. Many consumers are paying more attention to prices due to ongoing inflation, which is why TJX Companies can currently benefit from...