TJX to discontinue monthly sales reports
February 27, 2013-- Home Textiles Today,
Framingham, Mass. - Add TJX to the list of retailers that have bowed out of the practice of reporting monthly sales and comp results.
The company announced today it will report sales for February, March and April, and thereafter confine itself to disclosing sales on a quarterly basis.
Last fall, Macy's, Kohl's and Target announced they would stop issuing monthly reports in 2013. JCPenney ceased monthly reports a year ago as it began its strategic overhaul.
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