Boston Business Journal

TJX pulls back on e-commerce as store sales rise

TJX Companies Inc. has shuttered its HomeGoods.com e-commerce business as customer traffic at its brick-and-mortar stores drove above-expected sales over the past few months.

Framingham-based TJX, which operates discount retailers TJ Maxx, Marshalls, HomeGoods and Sierra, reported its third-quarter earnings Wednesday. It posted a year-over-year jump of 6% in comparable-store sales for the three months that ended in October. That number excludes the company's e-commerce businesses and newly opened stores.

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