American shoppers are increasingly trading down from department stores and opting to spend their money at off-price retailers. TJX Companies is the largest player in the off-price industry and has helped to change the way Americans think about the discount space. "It was where you went if you didn't have much money, and you really needed to save. It isn't seen that way anymore. It's seen as being a very fashion-forward channel," said Neil Saunders, managing director of GlobalData. TJX Companies, which owns ...