1249 ET - T.J. Maxx owner TJX is seeing some uneasiness from the vendor community that it works with due to the global tariff war, CEO Ernie Herrman says on a call with analysts. Some vendors are talking about cutting back or delaying shipments in the back half of the year, and traditional retailers could make similar moves, the CEO says. TJX has flexibility going forward to lean into categories that still have good inventory flow and cut back on ones that don't, Herrman says. "Our only contract to the customer is that we will have great value on the goods that we put out there," he says. (dean.seal@wsj.com)
(END) Dow Jones Newswires
May 21, 2025 12:49 ET (16:49 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.