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Less is More

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TJX, the company behind off-price powerhouses including TJ Maxx, Marshalls, HomeGoods, and A.J. Wright is having such a good year, it's decided to launch another off-price retail store next year. At its annual meeting, few details were disclosed about the upcoming project. The company stated the new concept will fall within the current merchandise framework of clothing, accessories, and homewares. [WWD]