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In December, Zayre announced a restructuring plan for the company and was renamed as TJX Companies, Incorporated. [5] TJX bought Marshalls in 1995. [4] In the fall of 1998, TJ Maxx opened the store chain A.J. Wright. [6] This chain was closed in January 2007. [7] In March 2009, TJX launched an e-commerce site.
The TJX Companies, Inc. (abbreviated TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. [5] It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989.
HomeGoods is owned by TJX Companies and is a sister company to T.J. Maxx, Sierra Trading Post, and Marshalls. The size of each store varies by location. The size of each store varies by location. [ 2 ] [ 1 ] There are locations in the United States that combine both the HomeGoods and the T.J. Maxx or Marshalls store brands in one building.
Marshalls store in Erin Mills Town Centre, Mississauga, Ontario, Canada. Marshalls, Inc. is an American chain of off-price department stores owned by TJX Companies.Marshalls has over 1,000 American stores, including larger stores named Marshalls Mega Store (stores operating with HomeGoods combined), covering 49 states and Puerto Rico, and 61 stores in Canada.
Sierra Trading Post, Inc., doing business as Sierra, is an online and brick-and-mortar retailer of off-price merchandise operated by the TJX Companies.The Framingham, Massachusetts–based company offers products in categories such as outdoor recreation, fitness and adventure gear, and apparel, along with footwear, clothing, and home decor.
TK Maxx [a] is a subsidiary of the American apparel and home goods company TJX Companies.Its first store opened in 1994 in the United Kingdom. The chain uses a different name from TJ Maxx stores in the United States to avoid confusion with the British retailer T. J. Hughes.
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In October 1988, Zayre Corp. decided to focus its energies on TJX. It sold the entire chain of nearly 400 Zayre stores to Ames Department Stores, Inc. In exchange, the company received $431.4 million in cash, a receivable note, and what was then valued at $140 million of Ames cumulative senior convertible preferred stock.
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