0818 ET - T.J. Maxx owner TJX reports a rise in customer transactions across all of its banners, gaining market share as shoppers grow weary of inflation and tariff-driven price increases, Emarketer analyst Rachel Wolff says. Those customers are seeking out retailers that can offer them the best value on their favorite brands, and discounters like TJX are scooping up a greater share of their dollars, the analyst says. TJX is also likely benefiting from tariffs in the short-term, since the frontloading that retailers are doing right now to offset tariff impacts will create more favorable buying opportunities for it and other off-price retailers, Wolff says. (dean.seal@wsj.com)
(END) Dow Jones Newswires
May 21, 2025 08:18 ET (12:18 GMT)
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