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Analysis
Black Friday: How can retailers stand out to capture the wallets of cautious shoppers?
As Black Friday weekend nears, Retail Week takes a look at what retailers can do to stand out from a very busy crowd.
Retail Navigator Analysis
TK Maxx (Financials)
The TJX Companies’ UK subsidiary, which comprises TK Maxx and Homesense, has been making a strong recovery over the past few years since the pandemic. However, its performance was more muted in the most recent financial year amid the cost-of-living crisis. Overall UK sales climbed 3.6% year on year to £4.03bn in the 2023 financial year to end-January 2024 (FY2023), while UK retail sales rose 2.5% to £2.87bn.