Content about Framingham, Massachusetts

February 27, 2013
Earnings soar at TJX

The TJX companies reported that sales for the 14-week fourth quarter ended Feb. 2 were $7.7 billion, a 15% increase over the prior year.

FRAMINGHAM, Mass. — The TJX companies reported that sales for the 14-week fourth quarter ended Feb. 2 were $7.7 billion, a 15% increase over the prior year. Consolidated comparable-store sales for the quarter on a 13-week basis increased 4% over the prior year’s 7% increase.

Net income for the 14-week fourth quarter was $605 million and diluted earnings per share were 82 cents, a 32% increase over last year’s 62 cents.

May 16, 2012
Staples Q1 suffers on flat U.S. sales

FRAMINGHAM, Mass. — First it was OfficeMax, now Staples reported sales and earnings that were reflective of a struggling retail sector. The company reported that total sales for the first quarter of 2012 were $6.1 billion, a decrease of 1% in U.S. dollars and flat on a local currency basis compared with the first quarter of 2011. Net income for the first quarter of 2012 decreased 6% year-over-year to $187 million. Diluted earnings per share, on a GAAP basis, decreased 4% t to 27 cents from 28 cents achieved in the first quarter of 2011.

February 7, 2012
Martha Stewart now among brand "Staples"

Staples is bringing a bit of Martha Stewart style to its stores through an exclusive line of home office products.

FRAMINGHAM, Mass. — Staples is bringing a bit of Martha Stewart style to its stores through an exclusive line of home office products.

The Martha Stewart Home Office with Avery product line is now available at Staples stores across the United States and Canada and on Staples.com. Products range in price from $1.99 to $16.99 and include accordion files, journals and organization binders. 

February 2, 2012
Ex-Borders exec to lead Staples merchandising

The company announced the appointment Thursday and said Edward would served as EVP of U.S. retail merchandising reporting to Demos Parneros, president of U.S. Retail for Staples.

FRAMINGHAM, Mass. — The company announced the appointment Thursday and said Edward would served as EVP U.S. retail merchandising reporting to Demos Parneros, president of U.S. retail for Staples. 

June 2, 2011
Staples Europe names new executives

Staples has announced new appointments at its European division.

FRAMINGHAM, Mass. — Staples has announced new appointments at its European division. Amee Chande has been named managing director U.K. retail and direct and Andrew Gabriel has been named director technology and services European retail.

Chande will have overall responsibility for Staples retail and delivery businesses in the United Kingdom, a key market for the company. Chande joined Staples in 2009 as SVP strategy, responsible for developing and driving the company’s growth agenda.

January 21, 2011
HomeGoods finds Americans slacking off on home decor

HomeGoods reported that according its survey of how people live in their homes, 47% of Americans have not updated their home decor in the last five years and 9% haven't updated their decor in more than 10 years.

FRAMINGHAM, Mass. -- HomeGoods reported that according its survey of how people live in their homes, 47% of Americans have not updated their home decor in the last five years and 9% haven't updated their decor in more than 10 years.  As for style, Americans say the overall look of their homes is traditional (44%), followed by modern (22%), eclectic (13%), country (10%) and global (2%).

December 11, 2010
TJX shutters A.J. Wright division

FRAMINGHAM, Mass. - TJX Companies announced that it will consolidate its A.J. Wright division by converting 91 A.J. Wright stores into T.J. Maxx, Marshalls or HomeGoods stores and by closing the remaining 71 stores, A.J. Wright’s two distribution centers and its home office. This action is expected to improve the overall profitability of the company, and will allow TJX to focus its managerial and financial resources on its larger, more profitable businesses, all of which have major growth potential, as well as to serve the A.J. Wright customer more efficiently, TJX reported.

FRAMINGHAM, Mass. - TJX Companies announced that it will consolidate its A.J. Wright division by converting 91 A.J. Wright stores into T.J. Maxx, Marshalls or HomeGoods stores and by closing the remaining 71 stores, A.J. Wright’s two distribution centers and its home office. This action is expected to improve the overall profitability of the company, and will allow TJX to focus its managerial and financial resources on its larger, more profitable businesses, all of which have major growth potential, as well as to serve the A.J.

October 24, 2010
Staples provides 3Q results preview

Staples announced that for the third quarter ending Oct. 30, it expects to achieve diluted...

FRAMINGHAM, Mass. Staples announced that for the third quarter ending Oct. 30, it expects to achieve diluted earnings per share, on a GAAP basis, in the range of 38 cents to 40 cents. North American Retail comparable-store sales in the third quarter are expected to decline approximately 1% versus the same period in 2009.

 

July 19, 2010
TJX to bring Marshalls to Canada

TJX Companies announced plans to bring Marshalls to Canada. The company anticipates that the first...