The Traderszone Network

Published in TZ Latest News 18 June, 2016 by The TZ Newswire Staff

2 Retailers Fending Off Amazon.com

Off Price Tj Maxx Ross
Image source: Getty Images.

The first quarter was tough for most retailers as Amazon.com (NASDAQ: AMZN) continued to grab share of consumers’ wallets. Not every brick-and-mortar retailer suffered from poor sales performance, however, as TJX (NYSE: TJX) beat analysts estimates last quarter with $7.5 billion in sales, compared with the $7.3 billion the Street was looking for.

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