Parent Co. of TJ Maxx, Marshalls Brushes Off Tariff Concerns with ‘Plenty of Merchandise’

TJX CEO wants you to find something on the rack that 'almost feels too cheap'

TJ Maxx has seen strong sales and traffic gains in spite of a broader slowdown in apparel and housewares in recent years.Scott Olson/Getty ImagesTJ Maxx parent company TJX operates on a different playbook from most retailers.In particular, the CEO says it wants to give shoppers a "wow" factor from finding incredible value.It's part of a larger strategy that could help the company do well — even in chaotic times.It's an experience that almost any…

Parent co. of TJ Maxx, Marshalls brushes off tariff concerns with ‘plenty of merchandise’

TJX is effectively thriving amid tariffs and economic chaos, CEO Ernie Herrman said during this week's earnings call.

T.J. Maxx and Marshalls can ‘insulate’ themselves from tariffs because their business model is scooping up other retailers’ unsold inventory

Amid concerns of empty shelves as a result of tariff-induced shipping changes, TJX saw a 7% increase in inventory per store.