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Philadelphia Inquirer (Free subscription) | 10/10/2008
Gap Inc., the largest U.S. apparel retailer, said yesterday that September sales had dropped 11 percent, including a 24 percent plunge at its Old Navy chain. Abercrombie & Fitch Co. and the TJX Cos. Inc. also posted declines, saying profits would be lower than they expected.
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Business Week (Free subscription) | 10/09/2008
TJX Companies () sees lower-than-expected $0.55-$0.58 third quarter EPS from continuing operations, primarily reflecting lower-than-expected sales. Says this range is based upon estimated consolidated comp-store sales growth for the quarter of about flat to up 1%. Due to lower guidance, now expects fiscal year 2009 EPS from continuing operations to be in the range of $2.26-$2.31, with comp-store sales...
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The Boston Business Journal (Free subscription) | 10/09/2008
Some of the area’s bargain retailers appear to be escaping the brunt of the slowdown as weary shoppers slammed by economic turmoil look for bargain prices. (WMT)
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Market Wire - Investment Opinion (Free subscription) | 10/09/2008
TORONTO (MARKET WIRE) BellwetherReport.com is the leading online financial newsletter for investors seeking top independent and unbiased research. Investors seeking free and unbiased analyst opinions on the companies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports. Today, we have once again scheduled interviews with a number...
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The Boston Business Journal (Free subscription) | 10/09/2008
Sales for The TJX Companies Inc. grew by 3 percent in September, reflecting the popularity of discount retailing in tough economic times. But the number still fell below earlier projections. (TJX)
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Market Watch (Free subscription) | 10/09/2008
In another indication that under-stress consumers are buckling up discretionary spending, retailers from Gap and Abercrombie & Fitch Co. to TJX Cos. and Stage Stores Inc. post disappointing September sales figures.
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Business Week (Free subscription) | 10/09/2008
TJX Companies () sees lower-than-expected $0.55-$0.58 third quarter EPS from continuing operations, primarily reflecting lower-than-expected sales. Says this range is based upon estimated consolidated comp-store sales growth for the quarter of about flat to up 1%. Due to lower guidance, now expects fiscal year 2009 EPS from continuing operations to be in the range of $2.26-$2.31, with comp-store sales...
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Market Watch (Free subscription) | 10/09/2008
NEW YORK (MarketWatch) -- The TJX Companies Inc. said Thursday that sales at stores open at least a year fell 1% in September. Analysts, on average, had expected same-store sales to rise 0.5%, according to Thomson Reuters. Total sales for the five weeks ended Oct. 4 rose 3% to $1.83 billion. TJX is lowering its guidance for third-quarter earnings per share from continuing operations to the range of...
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Business Wire (Free subscription) | 10/09/2008
FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX) today reported September 2008 sales results. Sales for the five-week period ended October 4, 2008, were $1.83 billion,
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Computerworld UK's Roundup (Free subscription) | 09/25/2008
One of the leading figures in the massive online fraud at TJX Companies, BJ Wholesale Clubs and other retailers has pleaded guilty to identity theft and other charges.
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The Industry Standard (Free subscription) | 09/24/2008
Shares of some top specialty retail companies are mixed at 10 a.m.: AutoZone fell $.46 or .4 percent, to $126.71. Gap fell $.32 or 1.7 percent, to $17.99. Home Depot fell $.26 or 1.0 percent, to $25.00. Lowes rose $.04 or .2 percent, to $23.66. OfficeMax fell $.01 or .1 percent, to $10.19. TJX Companies fell $.46 or 1.4 percent, to $31.38.
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U.S. PIRG Consumer Blog (Free subscription) | 09/24/2008
Massachusetts regulators (their release , detailed regulations , Boston Globe story ) have issued data protection rules for businesses, implementing its recent identity theft law, which was enacted following a spate ( TJ Marshalls and other TJX stores, Hannaford Stores and Harvard U , etc) of high-profile data breaches right in the hub of Red Sox Nation. In addition, Governor Deval Patrick has issued...