Even as higher-end department stores struggle, off-price retail is thriving, showing that Americans are still spending, just more selectively.TJX Companies – which owns TJ Maxx, Marshalls and HomeGoods – blew past Wall Street expectations in its fourth quarter earnings report Wednesday morning.Sales surged 9% year-over-year to $17.7 billion in the fourth quarter, with comparable store sales up 5%. TJX also boosted its quarterly dividend 13% to 48 cents per share, and brought in a net income of $1.8 billion that quarter.More notably, the report revealed that the retail company plans to repurcha...

1 hour ago

On HALO