TJX · News · 20261012N

Competition and Market Share

TJX COMPANIES INC /DE/ · 2026-10-12 · Importance 17 · Surprise 24

Wells Fargo identified Burlington Stores as its top pick in the off-price retail sector while expressing caution on TJX Companies and Ross Stores. The firm reported that TJX’s recent market-share gains have reversed into losses, with the second quarter showing its largest share decline since 2022. Ross Stores recorded accelerating share gains on strong first-half comparable-store sales. Improving department-store performance has limited off-price retailers’ ability to capture share that had previously come from traditional retailers’ weakness.

Key facts

• Wells Fargo noted that TJX's market share gains have reversed to losses, with the second quarter showing the largest share decline since 2022. source