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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 ...
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 ...
TJX, the parent company of TJ Maxx, Marshalls and HomeGoods, said Wednesday that the “chaos” Trump’s tariffs may bring to the retail industry plays right into its business model.
Retail giant TJX, the parent of TJ Maxx, Marshalls and HomeGoods, said it’s equipping some store employees with body cameras to thwart shoplifting and keep customers and employees safe.
However, profits began to slip in the mid-1980s when the company shifted to lower-priced goods, competing with other discount stores rather than department stores. Since Marshalls made up 28% of Melville's sales at this time, there was a lot of focus on turning the store around. [5] Marshalls was outperformed by rival TJ Maxx in the early 1990s ...
Starting today, T.J.Maxx is officially selling clothing, jewelry, shoes, and handbags online!
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.
In an April note titled, “Why TJX and TGT stand to gain most from BBBY’s demise,” Sherman wrote that more than 80% of Bed Bath and Beyond locations have a HomeGoods or TJ Maxx within five miles.
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