The Boston Globe

Globe 100

Boston.com

No. 1 consumer company

TJX keeps up discounting dominance

By Jenn Abelson

 |  Globe Staff  

  May 20, 2012

Framingham retail powerhouse TJX Cos. maintained discounting dominance in 2011 with soaring sales and 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 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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