TJX Cos. Wants to Open Thousands More Stores

TJX Companies Inc. Chief Executive Ernie Herrman said Tuesday he's considering adding thousands of brick-and-mortar locations around the globe, bucking the trend of other retailers that are busy closing stores. “Long term, we see the potential to grow to 5,600 stores with just our current chains in just our current markets alone,” Herrman said on the company’s earnings call. That’s equal to more than 50 percent store growth, or almost 2,000 additional stores on top of the company’s current base, he said.