Friday, February 22, 2008

TJX Co. grew in the 4th Quarter

TJX Co. fourth quarter ended on January 26th and profits almost doubled to a 45.6% increase of $301.1 million from $205.5 million the prior year. This is good growth for companies and displays that a recession is not as on the brinks as those may seem to assume. In addition, from a consumer's perspective, you have to wonder, well, if I still want to buy into designer fashions and not spend the Nordstrom, Saks, Bergdorff or Neiman dollars, why not go to TJ Maxx? For more info on this article, click here.

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