(Reuters) – Off-price retailer TJX Companies Inc
TJX, which had about 286,000 employees as of Feb. 1 according to its latest annual filing, will pay its staff until the week ending April 11.
U.S. retailers, including Macy’s
TJX said several executives, including Chief Executive Officer Ernie Herrman, would take a pay cut, a pattern seen across U.S. companies looking to strengthen their balance sheets amid the economic downturn triggered by the health crisis.
The company said store reopening dates would defer based on the state and locality of the outlet.
(Reporting by Nivedita Balu in Bengaluru; Editing by Devika Syamnath)



