Framingham retail parent TJX Cos. will require all its headquarters and regional office employees be vaccinated against COVID-19 before Nov. 1 deadline, according to a written statement provided to the WBJ on Thursday.
Framingham’s TJX Cos. reported a turnaround in the first quarter of the 2022 fiscal year, with a 129% increase in net sales to $10.1 billion, but the company’s stock was still down amid ongoing store closures.
TJX Cos. stores worldwide were closed for about one-quarter of the year in 2020 because of the coronavirus pandemic, and the Framingham retailer says it expects pandemic-related costs and operational limits to continue, depending in part on consumer activity.
TJX Companies, Inc., headquartered in Framingham, endured a massive financial hit in 2020 as the coronavirus pandemic forced the company to temporarily close stores both in the United States and abroad, according to a quarterly earnings report released Wednesday.
For a short stretch early on when the coronavirus pandemic began spreading, the American stock market took a nosedive. In almost all the time since, the stock market, including most of the largest public companies in Central Massachusetts, spent 2020 recovering — and then some.
TJX Cos. has for years been an exception to the typical struggle of brick-and-mortar retailers, with what it pitches as a treasure hunt-like experience. Now, though, the Framingham retailer is making a new move online.
Framingham retail store parent company TJX Cos., Inc. reported $867 million in net income during the company’s third quarter, which ended on Oct. 31, according to an earnings report released Wednesday.
The two largest corporations Central Massachusetts corporations by market capitalization — Boston Scientific and TJX Cos. — did not do too well on a new review of how well companies match their actions with words to be more inclusive of society and less to shareholders.