Published 14 days ago • loading... • Updated 14 days ago

Tariffs 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.

Insights by Ground AI

Does this summary seem wrong?

12 Articles

All

Left

Center

Right

abc30 News

Tariffs will hurt most stores - but not TJ Maxx

While many US retailers are concerned about the Trump administration's tariff plans, TJ Maxx may end up benefitting from them.

14 days ago·Fresno, United States

Read Full Article

KCRG

+2 Reposted by 2 other sources

T.J. Maxx won’t be affected by tariffs. Here’s why

While many U.S. retailers are concerned about the Trump administration’s tariff plans, T.J. Maxx may end up benefitting from them.

14 days ago·Cedar Rapids, United States

Read Full Article

CNN

+7 Reposted by 7 other sources

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.

14 days ago·Atlanta, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year