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Paul Lejuez of Citi asks about new store productivity in the US and abroad. CEO Ernie Herrman said $TJX has been beating its performance at all of its divisions. The volume of the stores over the last few years are not at the same or less than the average volume of chain averages at the divisions, a little more pronounced at Marmaxx and HomeGoods.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.