- The TJX Companies, Inc. is the leading off-price specialty retailer of apparel and home fashions in the U.S. and worldwide.
- This well-managed company is ranked second for margin of safety on the Main Street 20 Watchlist.
- But the retailer generated just 1% of revenues from online sales in fiscal 2017.
- Shouldn’t we buy Amazon instead and be done with it?
Welcome to the 19th installment of the "Main Street Value Investor (MSVI)" series, the off-price retail edition, exclusively on Seeking Alpha (subscribers to the MSVI Member Forum got the first look at this research).