E-Commerce Critical to TJX Goal in Annual Sales

Re-establishing itself as an online retailer several years after shutting down its e-commerce operations is a key element of ambitious growth plans at TJX Companies, the 2,900-store parent company of T.J. Maxx, Marshalls and Home Goods. Executives are aiming to nearly double the company's annual sales to $40 billion by leveraging investments in technology, supply chain and digital commerce initiatives.