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Retailers adapt to market shifts as T.J. Maxx and Marshalls leverage excess inventory to dodge tariffs, Walmart streamlines with job cuts, and Target faces downgrades amid challenges.

Laurene Powell Jobs Cuts 10% of Jobs at Emerson Collective

The New York TimesWednesday, May 21, 2025 at 9:51:48 PM
Laurene Powell Jobs Cuts 10% of Jobs at Emerson Collective
Laurene Powell Jobs, the billionaire philanthropist and founder of Emerson Collective, is laying off 10% of the organization's staff. Insiders say she’s been hinting at budget cuts for weeks, emphasizing the need for financial restraint in her philanthropic work.
What This Means: Even well-funded nonprofits aren’t immune to belt-tightening. Powell Jobs’ move signals a shift in how major philanthropic organizations are navigating economic uncertainty—suggesting even the most influential donors are rethinking spending. For employees and grantees, it’s a sobering reminder that no mission-driven work is entirely insulated from financial pressures.
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T.J. Maxx and Marshalls can ‘insulate’ themselves from tariffs because their business model is scooping up other retailers’ unsold inventory
positiveFinancial Markets
While other retailers are sweating over tariffs and potential stock shortages, T.J. Maxx and Marshalls are sitting pretty—their whole business thrives on snapping up leftover inventory from brands and department stores. In fact, parent company TJX actually boosted store inventories by 7%, proving that their "treasure hunt" model works even when trade wars disrupt normal retail.
What This Mean: This isn’t just about bargain bins—it’s a lesson in how some companies turn chaos into opportunity. While traditional retailers panic over supply chains, off-price stores like T.J. Maxx thrive on unpredictability. It’s a reminder that in retail, one company’s headache is another’s windfall.

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