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The TJX Companies, Inc. (abbreviated TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. [4] 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.
TJ Maxx (stylized as T•J•maxx) [a] is an American discount department store chain. It has more than 1,000 stores in the United States, making it one of the largest clothing retailers in the country. [ 2 ]
In 1989, TJX spun off their warehouse division, consisting of BJ's and now-defunct HomeClub (later known as HomeBase, then House2Home), to form Waban, Inc. In August 1997, Waban spun off BJ's to become an independent company, BJ's Wholesale Club, Inc., headquartered in Natick, Massachusetts, while Waban renamed itself to HomeBase, Inc. [ 7 ]
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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.
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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.
The company also runs an online shop. [41] In Canada the off-price segment is represented by networks mostly within the TJX Companies group: Winners, Marshalls and HomeSense. The biggest one is Winners, formerly the first countrywide retailer in this segment, operational since 1982. In 1990 the Company was taken over by TJX Companies corporation.