finance.yahoo.com

TJX Raises Store Target to 7,500 and Speeds Up Openings

TJX Companies logoTJX Companies
Sig2.65Sen+4.15Env0.00Soc0.00Gov0.00

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.

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