Framingham retailer parent firm TJX Cos. has purchased a large office building near its Framingham headquarters for $120 million as it plans an expansion.Â
Public companies across the country – as well as others in Central Massachusetts including TJX Cos. and Hologic – have been spending more money than ever buying their own shares.
TJX Cos. has been a rare bright spot in the retail industry, but the Framingham company's same-store sales slowed in the second quarter, it reported Tuesday.
Milford Crossing, which has undergone extensive renovation since nearly all its tenants left in recent years, has added a restaurant and pet supplies store.
Framingham-based TJX Cos. says it is continuing to pay employees of Puerto Rico stores as they remain closed while most of the island is still without power.
Shareholders of the TJX Cos. in Framingham will decide if diversity among senior executives will be considered as a CEO performance measure and whether or not to produce a pay equity report.
Shares were down 4 percent Tuesday morning after the TJX Companies, Inc. reported steady sales of $7.8 billion in its first quarter and net income growth of just over 5 percent.