TJX Companies (TJX) Faces Questions After Marmaxx Posted 1% Comparable Sales Growth

TJX Companies (NYSE:TJX) drew fresh attention after Jim Cramer questioned execution issues in its Marmaxx division on recent results. Marmaxx, which includes TJ Maxx and Marshalls, reported 1% comparable sales growth that Cramer contrasted with a stronger key rival. TJX executives acknowledged self-inflicted merchandising and execution problems at Marmaxx and stated these have been fixed without outlining specific actions. The concerns Cramer raised about Marmaxx execution now intersect with...