TJX to Cut 4,400 Jobs, Shutter Stores

(FoxBusiness)--T.J. Maxx and Marshalls parent TJX Cos. (TJX) announced plans on Friday to slash more than 4,000 jobs and shut down its A.J. Wright division. Framingham, Mass.-based TJX said it plans to convert 91 A.J. Wright stores into T.J. Maxx, Marshalls and HomeGoods stores. The remaining 71 A.J. Wright stores will be shuttered. Read the rest here.