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Mirabaud Asset Management

Investing in TJX: Discounted value for the Millennial consumer

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TJX is the world leader in off-price retailing. ‘Off price’ is a discount pricing format, whereby a retailer purchases excess stock from known brands, for example Ralph Lauren, and sells it on to the end consumer at a lower price. In Europe and the UK, TJX’s well-known local brand, TK ...

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