How T.J. Maxx, HomeGoods Benefit From Other Retailers' Store Closures
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://media.cheggcdn.com/media/0ce/0ce2f717-ea8c-470c-a5e0-b904722981e4/phpZiFpVx.png)
Solved The TJX Companies, Inc., which operates the T.J.
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://assets1.cbsnewsstatic.com/hub/i/r/2023/11/06/b03a1c74-b461-4185-9147-eb63a317c3d9/thumbnail/140x90/1994596d4e027a5f895c7ea5b5747ccd/gettyimages-2767386.jpg?v=e2a739f263a10b93b27cae9568461c29)
Wall Street expects thousands of retail stores to close by 2027 - CBS News
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://www.thestreet.com/.image/ar_1:1%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cq_auto:good%2Cw_1200/MTcxMzg5OTczMzU2ODgxNTg3/office-closed.jpg)
Off-Price Retailer Closing All Stores and Ceasing Operations - TheStreet
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://patch.com/img/cdn20/users/25127621/20220802/015047/styles/patch_image/public/patch-ed-tj-maxx-store-logo-swanson-2020___02134917790.jpg)
TJX To Pay $13 Million Civil Penalty For Selling Recalled Items
Store Closures Benefit TJX, As It Announces $49.9 Billion in Sales, Up 3% - Framingham Source
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://cloudfront-us-east-2.images.arcpublishing.com/reuters/6RXLEAELIVLH3ILR7KJLCV34JA.jpg)
T.J. Maxx parent misses estimates as lockdowns cut sales by $1 bln
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://gray-wtap-prod.cdn.arcpublishing.com/resizer/-y682eahy9Tglz71XI0-6WtG98E=/800x800/smart/filters:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/gray/C6EQZUEM2ZMDFJV2K4LQVQS77I.jpg)
Record number of stores expected to permanently close this year
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://image.cnbcfm.com/api/v1/image/106654294-1596808658328-gettyimages-1227942340-363842386_1-4.jpeg?v=1617628391)
Store closures: UBS predicts 80,000 stores will go dark by 2026
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://datawrapper.dwcdn.net/DJ3YT/full.png)
Wall Street expects thousands of retail stores to close by 2027 - CBS News
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://www.the-sun.com/wp-content/uploads/sites/6/2023/10/DK_WALGREENS_COMP.jpg?strip=all&w=360&h=240&crop=1)
TJ Maxx announces store closure in January as retailer sends email giving instructions for where to shop next
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://image.cnbcfm.com/api/v1/image/105408003-1534856082371gettyimages-961412624.jpeg?v=1695910670&w=929&h=523&vtcrop=y)
As consumer spending slows, TJX is the off-price retailer to own
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://www.the-sun.com/wp-content/uploads/sites/6/2023/11/shoppers-seen-approaching-tj-maxx-841082662.jpg)
TJ Maxx announces store closure in January as retailer sends email giving instructions for where to shop next
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://image.cnbcfm.com/api/v1/image/105446788-1536771083681gettyimages-589724644.jpeg?v=1685651691)
TJX hits an all-time high as reason we own off-price retailer played out in the quarter