T.J. Maxx, Marshalls and HomeGoods plan to open thousands of new stores

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In an age when brick-and-mortar retailers are struggling, one company has just announced aggressive store opening plans.

TJX Companies, owner of T.J. Maxx, Marshalls, and HomeGoods among other brands, plans to grow its number of stores by more than 50%. It will have 5,600 stores when it is finished expanding, up from the current total of nearly 3,700, CEO Ernie Herrman told investors Tuesday.

CNN Money // Chris Isidore //  View The Full Article