Getting your player ready...
Boston – A computer security breach by a hacker who stole customer data was broader than first feared and began 10 months earlier than first thought, TJX Cos. said Wednesday.
But the parent of discount retail chains including T.J. Maxx and Marshalls also reported 5 percent sales growth during its fiscal fourth quarter, which ended 10 days after the breach was disclosed Jan. 17.
Company executives said they saw no evidence of any exodus of customers from TJX’s more than 2,400 stores after the data theft. Industry analysts agreed.
“To the degree that that may possibly have occurred, it certainly hasn’t shown up in the numbers,” said Donald Trott of Jefferies & Co.
