TJ Maxx Doubling Store Count

TJX Companies (Framingham, Mass.) announced plans to grow its store count, which includes T.J. Maxx, Marshalls and HomeGoods banners, by more than 50 percent in the coming years, though a specific timeline was not provided.

Currently, the company operates nearly 3700 stores and plans to increase that to 5600 worldwide. The company has plans to add about 150 stores this year, in addition to the 47 stores it has already opened in 2016.

According to CNNMoney, these specific openings “do not contemplate the potential to expand into additional countries or open new chains in existing markets.”