TK Maxx overtakes Topshop in UK despite Covid crisis
Bargain chain, which snaps up other retailers’ extra stock, takes sixth slot in British fashion marketIt has quietly outgrown Topshop to become the UK’s sixth-largest fashion group. Now TK Maxx is hoping a glut of unsold clothing from rivals will further boost its fortunes.The cut-price US-owned retail group sells an eclectic mix from a Moschino-collared jacket at £99.99, to a Gucci handbag at nearly £1,000 and Sloggi knickers at £2.99. It may only stock one or two
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