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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.
TJX Companies as a corporation is very much like the T.J. Maxx, Marshalls, and HomeGoods store chains it operates: no frills and no artifice. Just a strict focus on basics, which has led to untold ...
The company behind TJ Maxx and Marshalls additionally said it plans to increase its dividend 13% and announced a program to buy up to $2.5 billion of its stock. Worries have been rising about whether U.S. shoppers may cut back on their spending given stubbornly high inflation and jitters about the economy’s prospects.
In June 1987, just ten years after T.J. Maxx opened its first store, The TJX Companies, Inc. was established as a subsidiary of Zayre Corp., with Cammarata serving as president and CEO. It sold 9.35 million shares of common stock in its initial public offering; Zayre Corp. owned 83 percent of the subsidiary.
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] TJ Maxx is the flagship chain of the TJX Companies. It sells men's, women's and children's apparel and shoes, toys, bath and beauty ...
TJ Maxx could reap the benefits of supply chain distruptions for a long time. The chain has been one of the strongest retailers over the past decade, in times of both economic growth and downturns .
This increasing demand has set Alphabet stock up for a great year. The company grew at a lower rate in 2024 than AI peers like Tesla, Nvidia and Meta. ... While Burlington and TJ Maxx are up 30% ...
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. [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.