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TK Maxx to open new UK stores

TK Maxx is to open 18 stores across the UK and Ireland by the end of January 2015. The designer discount retailer, which opened stores in Basildon,… View Article

GENERAL MERCHANDISE NEWS

TK Maxx to open new UK stores

TK Maxx is to open 18 stores across the UK and Ireland by the end of January 2015.

The designer discount retailer, which opened stores in Basildon, Hull and Bishop Auckland this month, is also planning to launch a new store at the Westfield Stratford City shopping centre in London in September.

Earlier this month TK Maxx’s parent company, The TJX Companies, revealed that like-for-like sales at its European division, which also includes Homesense, increased by 6% year-on-year in its second quarter.  Meanwhile, net sales grew to $954 from $778 million.

 

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