US EditionTariffs will hurt most stores — but not TJ Maxx
- U.S. Retailers have increased inventory levels by 2% annually during the third quarter of 2024 due to tariffs and potential port strikes, according to data from Jefferies.
- T.J. Maxx benefits from tariffs because it imports a small fraction of its merchandise from overseas, mainly purchasing excess products already in the U.S.
- Walmart and other companies plan to raise prices due to tariffs, while Boot Barn indicated it would pass some costs to customers.
- President Donald Trump enacted a 10% tariff on Chinese goods and delayed additional tariffs on Mexican and Canadian goods until March 1.
13 Articles
13 Articles
TJX CEO says Trump's tariffs are creating a 'textbook' buying opportunity
T.J. Maxx says it directly imports only a small percentage of products from China.Danielle BauterTJX CEO Ernie Herrman says he's excited about the opportunity for businesses like his from tariffs."We've been to the movie before," he said of rising costs. "It's a different headline."Herrman also pointed to several ways the off-price retailer is able to soften the impact of tariffs.Tariffs are shaking up retail, but not all companies are looking a…
Tariffs will hurt most stores — but not TJ Maxx
US retailers have been stockpiling clothing, furniture and other goods to get ahead of President Donald Trump’s tariffs kicking in and raising their costs. That’s created a perfect scenario for TJ Maxx — and it’s not because the company is selling all-American goods.
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