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TJX Cos gets Familia

Alex Hayes 22 November 2019

Alex Hayes

Journalist

+48 22 356 25 20
alex.hayes@eurobuildcee.com

Alexander Hayes is currently working as a journalist for Eurobuild Central & Eastern Europe magazine. Originally from the UK, he moved to Poland in 1995 and has been working in real estate for over four years. He has a BA in english literature from the University of Buckingham.

TJX Cos gets Familia

RUSSIA US discount retailer TJX Cos has announced a USD 225 mln investment, representing a 25 pct stake, in Russian retailer Familia.

“We are pleased to welcome TJX as a new shareholder. This investment is recognition of Familia’s leading market position and the strength of our off-price business model. TJX has always been the standard we have aspired to at Familia, including their focus on value and operating efficiency. We look forward to moving ahead with TJX as we implement our ambitious growth strategy and take Familia to the next level,” says CEO Konstantin Nadezhdin of Familia.

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