Dive Summary:
- TJX, Inc increased sales by 12% in 2012, increasing profits by 30% and earning the company the number 2 position on the Globe 100 list.
- IN 2010, TJX was the top company on the list and the company’s CEO says the company will continue to expand, confident of raising retail sales to $40 billion or more.
- The company operates several popular discount retail brands including TJ Maxx, Marshalls and HomeGoods.
From the article:
“We hear the question a lot out there: How are you going to keep this going?” chief executive Carol Meyrowitz recently told analysts who were poring over the company’s 2012 financial report. She told them the company had big plans to grow much bigger in the years ahead."