HomeGoods

The TJX Companies, Inc. Reports Q4 and Full Year FY24 Results; Q4 Comp Store Sales Growth of 5%, Pretax Profit Margin, and Diluted EPS All Above Plan; Expects to Increase Dividend by 13% and Buy Back $2.0 to $2.5 Billion of Stock in FY25

Retrieved on: 
Wednesday, February 28, 2024

Net sales for fourth quarter and full year Fiscal 2024 are for the 14-week and 53-week period ended February 3, 2024.

Key Points: 
  • Net sales for fourth quarter and full year Fiscal 2024 are for the 14-week and 53-week period ended February 3, 2024.
  • This was above the Company’s plan due to a higher merchandise margin as well as expense leverage on the above-plan sales.
  • The higher merchandise margin includes a larger-than-expected benefit from lower inventory shrink expense, lower freight costs, lower markdowns, and better markon.
  • Net interest income benefitted fourth quarter Fiscal 2024 pretax profit margin by 0.1 percentage point versus the prior year.

Vestar Reports Strong Results for 2023

Retrieved on: 
Thursday, February 15, 2024

PHOENIX, Feb. 15, 2024 /PRNewswire/ -- Vestar, one of the leading privately held shopping center owners and operators in the Western United States, experienced a landmark year in 2023.

Key Points: 
  • PHOENIX, Feb. 15, 2024 /PRNewswire/ -- Vestar, one of the leading privately held shopping center owners and operators in the Western United States, experienced a landmark year in 2023.
  • Furthermore, Vestar's community efforts attracted new customers in 2023, hosting approximately 2,000 events across its 40+ properties in 7 states.
  • Vestar demonstrated its commitment to giving back to the community through more than 100 charity partnerships that were secured in 2023.
  • For more about Vestar and the company's growing portfolio of retail and entertainment destinations, visit Vestar.com .

Recharge Releases "2023 in Review: The Year of the Routine" Insights Report

Retrieved on: 
Tuesday, February 6, 2024

SANTA MONICA, Calif., Feb. 6, 2024 /PRNewswire/ -- Recharge, the #1 subscription platform, today announced the release of its report "2023 in Review: The Year of the Routine." Report findings show that as subscription commerce continues to grow, the brands seeing the greatest success are the ones that embed themselves into customers' daily lives. Subscribers and brands continue to crave ways to build and maintain relationships, not just through subscriptions but through a holistic retention strategy.

Key Points: 
  • Report findings show that as subscription commerce continues to grow, the brands seeing the greatest success are the ones that embed themselves into customers' daily lives.
  • Subscribers and brands continue to crave ways to build and maintain relationships, not just through subscriptions but through a holistic retention strategy.
  • "Our whole business strategy is predicated on the idea that brands' long-term relationships with existing customers are critical to overall success," said Oisin O'Connor, Recharge co-founder and CEO.
  • At Recharge, we've worked to find ways to make the subscriber journey even more seamless, and to help merchants create opportunities to deepen and expand those relationships."

BrandSpark International announces its 16th annual 2024 Best New Product Awards winners, honoring the Best New Food, Beverage, Beauty, Health, Personal Care, Household Care, Home Goods and Footwear products, based on a nationwide survey of American consum

Retrieved on: 
Monday, February 5, 2024

NEW YORK, Feb. 5, 2024 /PRNewswire/ - BrandSpark International and Newsweek have just announced the winners of the 16th annual 2024 Best New Product Awards ("BNPA"), America's most credible new product awards program.

Key Points: 
  • NEW YORK, Feb. 5, 2024 /PRNewswire/ - BrandSpark International and Newsweek have just announced the winners of the 16th annual 2024 Best New Product Awards ("BNPA"), America's most credible new product awards program.
  • The winners are 100% consumer-voted and were determined based on real shoppers who purchased these winning products.
  • says Kim Diamond, Vice President of the Best New Product Awards.
  • In Personal Care & Beauty, 2 in 3 believe that ongoing research & development is continually leading to better products.

1,000 Dreams Fund's MentorHER Initiative Returns for Year 5 with Mentoring and New Microgrant Awards from Ongoing Title Sponsor Colgate-Palmolive

Retrieved on: 
Tuesday, January 9, 2024

Renewing its multi-year commitment to the program, Colgate-Palmolive Company returns as the Title Sponsor of the program.

Key Points: 
  • Renewing its multi-year commitment to the program, Colgate-Palmolive Company returns as the Title Sponsor of the program.
  • MentorHER was created to easily connect busy professionals with underserved students to create mentoring relationships that lead to success in school and beyond.
  • We are grateful for 1,000 Dreams Fund's efforts to support women around the globe through valuable mentoring that benefits everyone."
  • Individual professionals with an interest in helping the next generation of female leaders are also encouraged to participate as well.

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

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.

St. Jude Thanks and Giving campaign celebrates 20th anniversary

Retrieved on: 
Monday, November 13, 2023

The St. Jude Thanks and Giving ® campaign is celebrating 20 years of bringing together celebrities, businesses and consumers to support St. Jude Children’s Research Hospital ®.

Key Points: 
  • The St. Jude Thanks and Giving ® campaign is celebrating 20 years of bringing together celebrities, businesses and consumers to support St. Jude Children’s Research Hospital ®.
  • Some ways to support the campaign include:
    Best Buy customers can donate to St. Jude via online, in-store and mobile ordering.
  • Visit St. Jude Inspire to discover powerful St. Jude stories of hope, strength, love and kindness.
  • Support the St. Jude mission by donating at stjude.org , liking St. Jude on Facebook , following St. Jude on Twitter , Instagram , LinkedIn and TikTok , and subscribing to its YouTube channel.

Vestar Announces Anchor Tenants for Verrado Marketplace

Retrieved on: 
Tuesday, November 28, 2023

BUCKEYE, Ariz., Nov. 28, 2023 /PRNewswire/ -- Vestar, one of the leading privately held shopping center owners and managers in the United States, in partnership with DMB Associates, announced the notable line up of anchor tenants committed to Verrado Marketplace - marking a significant milestone in the project's progress. National retailers Target, Harkins BackLot, Safeway, Marshalls, Ross and HomeGoods will open their doors at the open-air retail center in late 2025. Verrado Marketplace will bring Vestar's signature shopping, dining, and entertainment experience to the heart of Buckeye, providing residents with a premier location to shop, dine and socialize within their community.

Key Points: 
  • "We are thrilled to welcome Target, Harkins BackLot, Safeway, Marshalls, Ross and HomeGoods to Verrado Marketplace.
  • Entertainment company Harkins BackLot is bringing their newest concept to Verrado Marketplace.
  • The Verrado Marketplace location will be their first new build of the "BackLot" concept to open in Arizona.
  • Similar to Vestar's Desert Ridge Marketplace and Tempe Marketplace projects, Verrado Marketplace will offer gathering spaces throughout the development, complete with a central lawn.

HOMESENSE TO OPEN A NEW STORE IN JACKSONVILLE ON NOVEMBER 2

Retrieved on: 
Tuesday, October 31, 2023

FRAMINGHAM, Mass., Oct. 31, 2023 /PRNewswire/ -- Homesense, the latest retail experience from the TJX family of brands, will open its newest location in Jacksonville, FL on November 2. The store is located in Riverplace Shopping Center.

Key Points: 
  • FRAMINGHAM, Mass., Oct. 31, 2023 /PRNewswire/ -- Homesense, the latest retail experience from the TJX family of brands, will open its newest location in Jacksonville, FL on November 2.
  • The store is located in Riverplace Shopping Center.
  • With new merchandise shipments arriving every week, customers can discover an exciting assortment of quality merchandise at can't miss prices.
  • Local shoppers can enjoy the newest Homesense store opening on November 2 at 8:00 a.m. EST.

Philippine Daily Inquirer and Statista recognize 5 SM Companies for best customer service

Retrieved on: 
Thursday, October 26, 2023

This particular insight comes to mind, "It's important that I never lose touch with the pulse of my shoppers," he said, highlighting SM's distinct culture of customer service.

Key Points: 
  • This particular insight comes to mind, "It's important that I never lose touch with the pulse of my shoppers," he said, highlighting SM's distinct culture of customer service.
  • Five companies from the SM Group are recognized as having the Best Customer Service in the Philippines conferred by local broadsheet Philippine Daily Inquirer and Statista, a Germany-based data and business intelligence portal.
  • "Our communities are at the heart of everything that we do here at SM," said Frederic C. DyBuncio, SM Investments President and Chief Executive Officer.
  • BDO Unibank Inc., (BDO), SM Markets and SM Cinema clinched the top spots in the categories of Insurance, Supermarkets, and Movie Theaters, respectively.