US dis­count chain clos­ing stores

Weekend Argus (Saturday Edition) - - BUSINESS -

FRAM­ING­HAM, US: TJX Cos. says it is clos­ing its AJ Wright dis­count stores, cut­ting 4 400 jobs and con­vert­ing 91 stores to other brands such as TJ Maxx.

Ninety-one stores will be con­verted and 71 will be closed en­tirely, along with two dis­tri­bu­tion cen­tres. About 3 400 staff mem­bers will re­main em­ployed at the con­verted stores.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.