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TJX Buys Sierra Trading Post for $200 Million

In eCommerce, Industry News, What's New by Accessories StaffLeave a Comment

Framingham, MA—In a move to bolster its online business, TJX Companies has acquired online outdoor clothing, footwear and accessories retailer Sierra Trading Post for some $200 million. Under the agreement, TJX’s purchase includes Sierra’s office, fulfillment center and photography studios in Cheyenne, Wyoming, its customer call centers in Cheyenne and …

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October Retail Comps Up; Sandy Effects Yet to be Felt

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

New York—While October retail comparable store sales increased nearly 5%, some retailers cautioned today that their November—and even holiday totals—could be adversely affected by the Superstorm Sandy. Of the 17 retailers (excluding drugstores) tracked by Thomson Reuters that posted October results today, overall comparable store sales rose 4.7% better than …