Marshalls PLC (MSLH.L)
16 Jan 2018
* acquisition of CPM group limited for a total cash consideration of £38.3m
NEW YORK (Reuters Breakingviews) - The Amazon vortex won’t suck in everyone. That's the verdict of investors in the retail sector. Among potential competitors to the e-commerce juggernaut founded by Jeff Bezos, some – including Ross Stores, Home Depot and AutoZone – may have the wherewithal to withstand Amazon. The market is conferring on them valuations commensurate with, or better than, the one accorded to Amazon.
Aug 15 TJX Cos Inc's quarterly performance was one of the few bright spots in the gloomy U.S. retail environment, proving that the company's off-price business model was luring shoppers even as competition from Amazon.com Inc intensifies.
Aug 15 TJX Cos Inc, the owner of off-price retail chains T.J. Maxx and Marshalls, reported a better-than-expected increase in quarterly sales at established stores as discounts attracted more shoppers.