SGB Footwear

TJX Sees Modest Q3 Sales Decline Against Tough Comparisons

The TJX Companies, Inc. reported sales for the third quarter of Fiscal 2023 were $12.2 billion, a decrease of 3 percent versus the third quarter of Fiscal 2022. U.S. comp store sales decreased by 2 percent versus a 16 percent increase in U.S. open-only comp store sales in the third quarter of Fiscal 2022.

TJX Names CFO

TJX Cos. Inc. announced that John Klinger has been promoted to executive vice president, chief financial officer, effective January 29, 2023, the beginning of TJX’s fiscal year.

Kamik Names New COO

Kamik, the Canadian boot brand, hired Steeve Côté as chief operating officer, leading global operations, including supply chain management, manufacturing, and logistics.

Snow Peak Opens First Shop-in-Shop In Costa Mesa, CA

Snow Peak, the Japanese outdoor lifestyle brand, opened its first shop-in-shop in the U.S., partnering with Costa Mesa, CA-based retailer Seed People’s Market, the outdoor retailer representing over 500 eco-conscious brands.

Nike Sued By Odell Beckham, Jr.

NFL wide receiver Odell Beckham, Jr. is suing Nike for refusing to pay him royalties and violating their contract, according to the Portland Business Journal.