TJX Raises Store Target to 7,500 and Speeds Up Openings
The retailer ended Q2 fiscal 2027 with 5,285 stores and lifted its revised target to 7,500, leaving room for more than 2,200 additional locations. HomeGoods’ long-term goal was increased by 200 stores to 2,000. TJX plans to accelerate annual store opening growth to 4% starting fiscal 2028, aided by smaller-format sites for dense urban areas and expectations of enough quality merchandise, as peers also expand.