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TJX To Pay $13 Million Civil Penalty For Selling Recalled Items
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://www.the-sun.com/wp-content/uploads/sites/6/2023/03/nk_HawaiianWalmart_comp.jpg?strip=all&w=360&h=240&crop=1)
Hundreds of major retailer store closures spark new opportunities
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://www.reuters.com/resizer/CMD-ozvelTEhUAjCmnumfzR6zW0=/480x251/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/6RXLEAELIVLH3ILR7KJLCV34JA.jpg)
T.J. Maxx parent misses estimates as lockdowns cut sales by $1 bln
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://gray-wtap-prod.cdn.arcpublishing.com/resizer/8u5_fgcufqsnsPU1neVQutvSjIA=/1200x1200/smart/filters:quality(85)/cloudfront-us-east-1.images.arcpublishing.com/gray/C6EQZUEM2ZMDFJV2K4LQVQS77I.jpg)
Record number of stores expected to permanently close this year
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://wwd.com/wp-content/uploads/2021/02/TJ-Maxx-store.jpg)
Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://media.bizj.us/view/img/11632110/tjx-26*1200xx6720-3787-0-77.jpg)
TJX added tens of thousands of jobs during pandemic - Boston
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://media.cheggcdn.com/media/691/69131f70-83ef-4069-8888-dd1aa1583362/phpNskwXh.png)
Solved The TXJ Companies, Inc., which operates the T.J.
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://media.cnn.com/api/v1/images/stellar/prod/200413105346-jcpenney-animation.jpg?q=w_1920,h_1080,x_0,y_0,c_fill)
A record number of retail stores are expected to permanently close
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://www.the-sun.com/wp-content/uploads/sites/6/2023/01/photo-jeffrey-greenberg-education-images-725786211.jpg)
Just days until major department retailer closes stores including
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Record number of stores expected to permanently close this year
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://image.cnbcfm.com/api/v1/image/106497130-1587401879908img_0254.jpg?v=1587401920)
UBS: 50,000 retail store closures in U.S. by 2026 after pandemic pause
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://www.the-sun.com/wp-content/uploads/sites/6/2023/02/lb-store-closing-comp-v2.jpg?strip=all&w=360&h=240&crop=1)
TJMaxx, Marshalls and HomeGoods shoppers actually benefit from
![Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter – WWD](https://imageio.forbes.com/specials-images/imageserve/6436fe8f09cee57d126ba1ae/0x0.jpg?format=jpg&crop=3755,2111,x0,y106,safe&height=900&width=1600&fit=bounds)
50,000 U.S. Stores Could Close By 2027 Because Of Spending