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The Boston Globe

Globe 100

No. 1 consumer company

TJX keeps up discounting dominance

Framingham retail powerhouse TJX Cos. kept up its discounting dominance in 2011 with soaring sales and big profits, making it the Globe 100’s top consumer company for the second year in a row.

Revenues at the off-price chain, which runs brands such as T.J. Maxx, Marshals, and HomeGoods, grew nearly 6 percent to $23.2 billion, and net income jumped more than 11 percent last year. TJX made significant gains in customer traffic, luring new and existing consumers with an ever-changing assortment of designer deals.

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