By  on June 3, 2010

FRAMINGHAM, Mass. — After racking up the biggest year-over-year profit increase in the firm’s 33-year history, The TJX Cos. Inc. hopes to extend the winning streak with a new off-price retail concept set to debut in spring 2011.

At its annual meeting at its headquarters here Wednesday, TJX, the largest off-price retailer in the U.S. with $20.29 billion in 2009 sales, declined to divulge details about the project until the third quarter but indicated the new business will stay within its core categories — principally apparel, accessories and home merchandise — and has the potential for 100 stores.

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