Low-price retailer T.J. Maxx plans to open an online store this year, as does rival Saks Inc's Off Fifth outlets, making 2013 the year technology may have caught up with the speed of
fashion. This will be TJX Cos Inc's, owner of T.J. Maxx, second stab at e-commerce after a 2005 failure. It abandoned its first attempt after only a year following poor sales, turmoil in the corner
office, and challenges at its smaller chains. That failure cost TJX $15 million.
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