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TJX, which owns TJ Maxx, Marshalls, and HomeGoods, saw the highest sales in the company's 45-year history in 2021. ... The company closed 33 underperforming stores in 2023. It plans to open three ...
When that effort failed, the company hired Bernard 'Ben' Cammarata, previously General Merchandise Manager of Marshalls, to essentially create a Marshalls clone. In March 1977, he opened the first T.J. Maxx in Auburn, Massachusetts, quickly followed by a second store in nearby Worcester. The stores were an instant hit with customers, including ...
TJ Maxx in the Plankinton Arcade in Milwaukee. TJ Maxx was founded in 1976 in Framingham, Massachusetts, by Bernard Cammarata and the Zayre chain of discount department stores. Zayre had tried but failed to purchase Marshalls, so Zayre hired Cammarata, who had been Marshalls' head of merchandising, to create a rival chain. [4]
TJX's expansion beyond North America came in 1994, when the fourth brand division, T.K. Maxx, was founded in the United Kingdom, and then expanded into Ireland. [15] In 1995, TJX doubled in size when it acquired Marshalls, its fifth brand. T.J. Maxx and Marshalls later became consolidated as two brands under a single division, The Marmaxx Group ...
It was acquired by Marshalls and T.J.Maxx’s parent company TJX in 2003 and was later sold to private equity firms five years later. In 2022, Bob’s Stores was sold to GoDigital Media Group.
In 2018, after years of closing hundreds of stores, the company filed for bankruptcy. ... and discount clothing chains such as TJ Maxx and Marshalls. Macy’s stock ...
AJWright (formerly formatted as A.J. Wright until 2009) was a chain of about 129 [1] American retail/outlet stores established in 1998 and owned by TJX Companies.Like its sister company T.J. Maxx, AJWright sold clothing, domestics, giftware, footwear, accessories, and fragrances at prices between twenty and seventy percent below regular prices. [2]
The department store owned by TJX Companies – including brands like TJ Maxx, Home Goods, Sierra and Homesense – offers a variety of clothing, shoes and accessories for men, women, children and ...