Marshall's, TJ Maxx parent maps aggressive growth plan

10/22/2013 | Women's Wear Daily (subscription required)

TJX announced expansion plans aimed at boosting its annual revenue to $46 billion from $25.88 billion last year. The parent of Marshall's, TJ Maxx and HomeGoods plans to open new stores in the U.S. and Canada and enter new markets in Europe including France, Spain and Italy. The off-price retailer will focus on building its presence in those markets before considering a debut in Asia, CEO Carol Meyrowitz said.

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