Monday, May 2, 2016

TJX makes moves with new store growth concept

Sierra Trading Post, an online retailer TJX Cos. acquired in 2012, is accelerating store expansion and could become a new growth driver for the nation’s leading off price retailer with designs on extending its value proposition to the outdoor and active lifestyle world.

TJX paid $200 million for Cheyenne, Wyoming-based Sierra Trading Post in December 2012. At the time, Sierra operated four outlet stores (in Wyoming, Idaho and Nevada). After 18 months under TJX ownership, Sierra opened new stores near Denver in August 2014, in Fort Collins in October 2014 and in Colorado Springs in October 2015.. . . more

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