TJ Maxx

Primestor Development Expands Retail Portfolio With The Acquisition of Esplanade Shopping Center in Oxnard, CA

Retrieved on: 
Monday, April 8, 2024
Commercial Building & Real Estate, Construction & Property, Restaurant, Bar, Other Retail, REIT, Other Construction & Property, Retail, Department Stores, Walmart, Esplanade, The Home Depot, NAP, Acquisition, BJ's, Investment, Multimedia, TJ Maxx, World Market (store), Nordstrom Rack, Commercial property

Primestor Development (Primestor), a leading minority-owned and led real estate development and investment firm based in Los Angeles, has announced the $90 million acquisition of the Esplanade Shopping Center, a 357,000-square-foot grocery-anchored retail community center in the coastal city of Oxnard, CA.

Key Points: 
  • Primestor Development (Primestor), a leading minority-owned and led real estate development and investment firm based in Los Angeles, has announced the $90 million acquisition of the Esplanade Shopping Center, a 357,000-square-foot grocery-anchored retail community center in the coastal city of Oxnard, CA.
  • View the full release here: https://www.businesswire.com/news/home/20240408316258/en/
    “The Esplanade Shopping Center provides the opportunity to acquire a 94% leased, institutional-quality, necessity retail asset located in a high-traffic area with a favorable mix of cash flow stability and embedded value-add potential,” noted Lonnie Vidaurri, Chief Investment Officer of Primestor.
  • Other tenants include Cost Plus World Market, Tillys, Boot Barn, In-N-Out Burger, BJ's Brewery and Restaurant, and more.
  • The company’s long-standing community engagement process is further underscored by its partnerships with local governments, community organizations, national credit tenants, and local stakeholders.

Beyond price tags: What really drives consumer choices in fashion and footwear? Market Force study looks at top retail brands to uncover where consumers are spending and why

Retrieved on: 
Thursday, March 21, 2024
Old Navy, Kohl's, Fabletics, Motivation, Growth, Ross Stores, Nike, CMSO, Risk, H&M, Research, Clothing, Club Monaco, Macy's, Walmart, TJ Maxx, Dillards, Sport, Burlington (department store), Retail

Almost 5,500 (N = 5,462) consumers provided feedback about their experiences across popular department stores and specialty retail brands, providing specific feedback on both clothing and footwear retailers.

Key Points: 
  • Almost 5,500 (N = 5,462) consumers provided feedback about their experiences across popular department stores and specialty retail brands, providing specific feedback on both clothing and footwear retailers.
  • Consumers rated the top department store brands, clearly indicating preference for those they felt were value leaders.
  • The top department store brands in order were: Kohls, TJ Max, Walmart, Macy's, Ross Stores and Target.
  • The lowest performers of the specialty retail store brands included Fabletics, Pacsun, Big 5 Sports, and Club Monaco.

Toxic Fashion: New Report Shows Shockingly High Levels of Lead in Fashion Accessories Sold at Off-Price Retailers

Retrieved on: 
Tuesday, March 12, 2024
Health, CEH, Environment, Public, Travel, Lead, Private sector, Shoe, System, Multimedia, Environmental Health (journal), Government, TJ Maxx, Nordstrom Rack

OAKLAND, Calif., March 12, 2024 /PRNewswire/ -- Today the nonprofit watchdog the Center for Environmental Health (CEH) published a groundbreaking report spanning 13 years detailing a systemic toxics problem that remains ongoing at Ross and Burlington stores. Starting in 2009, CEH repeatedly found high levels of toxic lead in leather and faux leather fashion accessories including handbags, wallets, shoes, and belts sold at these off-price retailers. In 2022 alone, more than 25 percent of the fashion accessories purchased from Ross and Burlington and tested by CEH contained elevated lead levels above 0.03% and up to 1.7%.

Key Points: 
  • Starting in 2009, CEH repeatedly found high levels of toxic lead in leather and faux leather fashion accessories including handbags, wallets, shoes, and belts sold at these off-price retailers.
  • In 2022 alone, more than 25 percent of the fashion accessories purchased from Ross and Burlington and tested by CEH contained elevated lead levels above 0.03% and up to 1.7%.
  • More than 25 percent of the fashion accessories from Ross and Burlington tested by CEH contained elevated lead levels.
  • Over the last decade, CEH has notified retailers Burlington, Marshalls, Nordstrom Rack, Ross, and TJ Maxx nearly 500 times that they were selling specific fashion accessories containing elevated levels of lead.

Regency Centers Announces Whole Foods Market Anchored Development in Central Connecticut

Retrieved on: 
Friday, February 23, 2024
I-691, Whole Foods Market, Foot, TJ Maxx, Regency Centers, Homewood Suites by Hilton

CHESHIRE, Conn., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Regency Centers has acquired the land on which it plans to develop Cheshire Crossing, a 152,000-square foot shopping center anchored by Whole Foods Market in Cheshire, CT.

Key Points: 
  • CHESHIRE, Conn., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Regency Centers has acquired the land on which it plans to develop Cheshire Crossing, a 152,000-square foot shopping center anchored by Whole Foods Market in Cheshire, CT.
  • This destination will be the retail component of a master-planned community known as Stone Bridge Crossing.
  • Whole Foods Market will be joined by a 23,000 square-foot TJMaxx, an additional 18,000-square feet of junior anchor space, five outparcels, and 38,000-square feet of inline shops.
  • “We have a long history and working relationship with Whole Foods Market, and we look forward to demonstrating continued success as long-term stewards of this shopping center.”

The TJX Companies, Inc. Reports Above Plan Q3 FY24 Comp Store Sales Growth of 6%, Pretax Profit Margin of 12.0%, and Diluted Earnings Per Share of $1.03; Increases FY24 Comp Store Sales and Earnings Per Share Guidance

Retrieved on: 
Wednesday, November 15, 2023
Home Goods, Retail, Discount, Variety, HomeSense, Calendar, Movement, TK Maxx, Translation, Total, TJX Companies, Growth, TJ Maxx, TJX, Fiscal, HomeGoods, Life insurance, Financial services, Security (finance)

3Reflects net sales adjusted for the impact of foreign currency; see Impact of Foreign Currency Exchange Rates, below.

Key Points: 
  • 3Reflects net sales adjusted for the impact of foreign currency; see Impact of Foreign Currency Exchange Rates, below.
  • For the third quarter of Fiscal 2024, the Company’s pretax profit margin was 12.0%, above the Company’s plan and 0.8 percentage points above last year’s third quarter pretax profit margin of 11.2%.
  • The Company expects this unplanned benefit from the timing of expenses will reverse out in the fourth quarter of Fiscal 2024.
  • Net interest income benefitted third quarter Fiscal 2024 pretax profit margin by 0.3 percentage points versus the prior year.

From Holiday Wish List to Shopping Cart: The Toy Insider™ Experts Share Savvy Tips to Shop Smart & Save Big on Hot Toys

Retrieved on: 
Monday, November 20, 2023
Holiday, Sale, Black Friday, Love, Jakks Pacific, The Walt Disney Company, Temu, Moose Toys, TJ Maxx, Parent, Evergreen, Cyber Monday, News, Name, Toy, Online shopping, WowWee

NEW YORK, Nov. 20, 2023 /PRNewswire/ -- The Toy Insider, the toy industry's most influential organization and a trusted go-to source for parents and gift-givers, shared its expert tips to secure the hottest toys topping kids' wish lists, just in time for the busiest holiday shopping days of the year.

Key Points: 
  • With Black Friday and Cyber Monday just around the corner, The Toy Insider also rounded up the best deals to help shoppers save big on hot toys, games and gifts.
  • "Our team of experts has pulled together our top shopping tips for stress-free holiday toy shopping and getting the best bargain—so you get even more bang for your buck in the end!"
  • Take advantage of big sale days, like Black Friday and Cyber Monday, to check some pricier items off your list.
  • Buy trusted brands and avoid third-party resellers: Use the Toy Insider's Holiday Gift Guide (including our 12 Under $20 hot list !)

WorkJam Commits to Expansion into Benelux and DACH Regions with Vluent Partnership

Retrieved on: 
Thursday, November 16, 2023
Workforce, Learning, Shell, TJ Maxx, Communication, American Eagle Outfitters, Knowledge, WorkJam, Rail transport, Benelux, DACH

With over 15 years of workforce management experience and a proven network of connections across the Benelux and DACH regions, Vluent has the expertise and presence to support WorkJam's continued expansion.

Key Points: 
  • With over 15 years of workforce management experience and a proven network of connections across the Benelux and DACH regions, Vluent has the expertise and presence to support WorkJam's continued expansion.
  • Dennis Venema, Vluent CEO and Founder, comments, 'We are delighted to partner with WorkJam as they continue to expand into the wider European market, especially in the Benelux and DACH regions.
  • Their expertise in workforce management and strong knowledge of working within the Benelux and DACH regions made them a clear choice for our expansion into these markets.'
  • 'Together, Vluent and WorkJam will deliver incredible value to Benelux and DACH organisations, enabling companies across industries to benefit sooner from increased frontline teams' engagement, productivity and retention, boosting business results.'

Nordstrom Rack to Open New Location in San Antonio, Texas

Retrieved on: 
Tuesday, October 3, 2023
Nordstrom Rack, Learning, TJ Maxx, Partnership, Old Navy, Interview, Senior, Big Brothers Big Sisters, Mentorship, Target, Beauty, IABG, Lowe's, SITE Centers, Texas State Highway Loop 1604, Shoe, NYSE, Ulta Beauty, Department store, Nordstrom

(NYSE: JWN) announced plans to open a new Nordstrom Rack in San Antonio, Texas.

Key Points: 
  • (NYSE: JWN) announced plans to open a new Nordstrom Rack in San Antonio, Texas.
  • "We look forward to opening this new Nordstrom Rack location in San Antonio, strengthening our network of stores and introducing new customers to Nordstrom Rack's unique product offering," said Carl Jenkins, Senior Vice President of Nordstrom Rack Stores.
  • With the addition of this new location, two stores opening this fall in Denton and Allen and the recently opened location in San Antonio, Nordstrom will operate 22 Nordstrom Rack stores and 8 Nordstrom stores in Texas.
  • Nordstrom Rack is the largest source of new customers to Nordstrom.

Nordstrom Rack to Open New Location in San Diego, CA

Retrieved on: 
Tuesday, September 12, 2023
Nordstrom Rack, Northgate Mall (San Rafael, California), Learning, TJ Maxx, Partnership, Interview, Senior, Asos, Big Brothers Big Sisters, Mentorship, Movie theater, Beauty, IABG, Shoe, NYSE, Ulta Beauty, Department store, Nordstrom

(NYSE: JWN) announced plans to open a new Nordstrom Rack in San Diego, California.

Key Points: 
  • (NYSE: JWN) announced plans to open a new Nordstrom Rack in San Diego, California.
  • "We look forward to opening this new Nordstrom Rack location in San Diego, strengthening our network of stores and introducing new customers to Nordstrom Rack's unique product offering," said Carl Jenkins, Senior Vice President of Nordstrom Rack Stores.
  • With the addition of this new location and 10 other announced store openings, Nordstrom will operate 68 Nordstrom Rack stores, 22 Nordstrom stores, 5 Nordstrom Locals and one asos | Nordstrom in California.
  • Nordstrom Rack is the largest source of new customers to Nordstrom.

Dress for Success® Worldwide launches its prestigious power lunch, Women Who Inspire, with guest of honor, Gayle King

Retrieved on: 
Wednesday, September 6, 2023
Bureau of Labor Statistics, TJ Maxx, Beauty, Senior, Arm, Bureau, Woman, Statistics, Ulta Beauty, National Women's Law Center, 1977 National Women's Conference, Dress, KISS, SHE Media, CBS Mornings, Lunch, Magnetic resonance, Hearst Communications, Success, Content, Worldwide, Management, Nightclub

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Dress for Success® Worldwide is honored to announce the return of Women Who Inspire on September 27, 2023, in New York City. Bringing together corporate executives, innovative thought leaders, media, social influencers, and the women Dress for Success serves, this event aims to create practical and sustainable solutions to advance economic opportunities for women. 

Key Points: 
  • NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Dress for Success® Worldwide is honored to announce the return of Women Who Inspire on September 27, 2023, in New York City.
  • Bringing together corporate executives, innovative thought leaders, media, social influencers, and the women Dress for Success serves, this event aims to create practical and sustainable solutions to advance economic opportunities for women.
  • For the unemployed and underemployed women Dress for Success serves, flexible work schedules, childcare, and ongoing support systems are a top priority.
  • We provide the tools and the network to help women discover their purpose and reinvent their lives, professionally and personally."