Across most of the fashion industry, the reaction to the Trump administration’s tariffs has ranged from nervous handwringing to full-on panic. But for off-price retailers, the tariffs are proving very good for business.
TJX, the parent company of TJ Maxx, Marshalls and TK Maxx in Europe, said its net sales jumped 7 percent in the second-quarter compared with a year earlier, beating Wall Street expectations. And while dozens of retailers have lowered or withdrawn their sales and profit…

