TXT is a file format that contains the text, organized in rows. Text files opposed binaries that contain data that is not intended for interpretation as a text (encoded sound or image). The text file can contain both formatted and unformatted text. Since the very simple text files, they are frequently used for storing data.
The SXW file format was originally created for StarOffice Writer, the word processing application for Sun Microsystem's StarOffice suite. Programs that can open SXW files include StarOffice Writer and OpenOffice.org Writer. To open an SXW file in Microsoft Word, it's usually possible by renaming it as a DOC file.