The TJX Companies, Inc.
The TJX Companies, Inc.
Industry
About The TJX Companies, Inc.
The TJX Companies, Inc. is a leading off-price retailer of apparel and home fashions, operating over 5,000 stores across nine countries, including the United States, Canada, Europe, and Australia.
The company's mission is to deliver great value to customers every day by offering a rapidly changing assortment of high-quality, fashionable, brand-name, and designer merchandise at prices generally 20% to 60% below full-price retailers' regular prices on comparable items.
Brand Portfolio
- T.J. Maxx: Offers family apparel, footwear, accessories, and home fashions in the United States.
- Marshalls: Provides similar merchandise to T.J. Maxx, also in the U.S.
- HomeGoods: Specializes in home décor, furniture, and seasonal home merchandise in the U.S.
- HomeSense: Focuses on home furnishings and décor in the U.S., Canada, and Europe.
- Sierra: Offers outdoor gear and apparel in the U.S.
- Winners: Operates in Canada, providing a similar off-price retail experience.
- TK Maxx: Serves the U.K., Ireland, Germany, Poland, Austria, and the Netherlands, offering a range of apparel and home fashions.
- T.K. Maxx: Operates in Australia, providing off-price retail options.
Business Model
The company's business model is characterized by its flexibility and rapid inventory turnover, enabling it to adjust merchandise assortments more frequently than traditional retailers.
This agility allows TJX to quickly respond to changing consumer trends and preferences, maintaining a dynamic and appealing shopping experience for customers.
Corporate Responsibility
TJX is committed to corporate responsibility, focusing on supporting its associates, giving back to communities, environmental sustainability, and operating responsibly.
Key Statistics
As of February 1, 2025, the company employed approximately 364,000 associates worldwide.
Locations
In the United States, TJX operates several offices and distribution centers, including its global headquarters in Framingham, Massachusetts, and a distribution center in Cheyenne, Wyoming.
Additional locations include:
- New York, NY, USA
- Philadelphia, PA, USA
- Fayetteville, NC, USA
Internationally, TJX has a significant presence in Canada, Europe, and Australia, with numerous stores and offices supporting its operations in these regions.
Global Expansion
Overall, The TJX Companies, Inc. continues to expand its global footprint, offering customers a wide range of high-quality, brand-name merchandise at exceptional value.