TK Maxx owner endures net loss of £160m as sales slow down

// TK Maxx owner TJX UK posts net loss of £160.8 million in its second quarter
// TJX said it experienced “very strong” sales across all of its retail banners and countries when stores first reopenedTK Maxx owner has revealed a net loss of $214.2 million (£160.8 million) in its second quarter as the company continued to struggle with trading since the Covid-19 lockdown.
In the three month period ending August 1, TJX UK said net sales were better than expected and rea