T.J. Maxx

TJX Cos., the Framingham-based parent company of off-price retailers T.J. Maxx, Marshalls and HomeGoods, said earnings per share rose 13 percent in the quarter that began its new fiscal year. For...

Sales momentum for retailers slowed in April. The 19 chains tracked by Thomson Reuters reported a thin 0.8 percent increase in sales at stores open at least a year, missing the 1.5 percent gain that analysts were expecting. Combined with strong sales at the start of the year, the lackluster April results indicated that an early burst of consumer spending did not last long. While projections were that consumer spending would continue to accelerate, there are signs that it may be slowing, said Alison Jatlow Levy, a retail strategist at the consulting firm Kurt Salmon. However, she said, it