Profile: TJX Companies Inc (TJX)
22 Jul 2016
The TJX Companies, Inc. (TJX), incorporated on April 9, 1962, is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. The Company operates approximately 3,600 stores in various countries.
The Company's T.J. Maxx and Marshalls chains in the United States are collectively an off-price retailer in the United States with a total of approximately 2,163 stores. Both chains sell family apparel, including footwear and accessories; home fashions, including home basics, accent furniture, lamps, rugs, wall decor, decorative accessories and giftware, and other merchandise. The Company differentiates T.J. Maxx and Marshalls through a product assortment, including an assortment of jewelry and accessories and a designer section called The Runway at T.J. Maxx and a line of footwear, a men's offering and a juniors' department called The Cube at Marshall, and in-store initiatives. The segment's e-commerce Website is tjmaxx.com.
The HomeGoods chain is an off-price retailer of home fashions in the United States with approximately 526 stores. HomeGoods offers a range of home fashions, including home basics, giftware, accent furniture, lamps, rugs, wall decor, decorative accessories and other merchandise.
The Company's TJX Canada segment operates the Winners, HomeSense and Marshalls chains in Canada. Winners is the off-price apparel and home fashions retailer in Canada. The Company operates over 245 stores across Canada. HomeSense offers home fashions off-price concept in Canada. HomeSense has approximately 101 stores with a merchandise mix of home fashions similar to HomeGoods. It operates over 41 Marshalls stores in Canada.
The TJX International segment operates the T.K. Maxx and HomeSense chains in Europe. With approximately 456 stores, T.K. Maxx operates in the United Kingdom, Ireland, Germany, Poland, Austria and the Netherlands. Through its stores and its e-commerce Website for the United Kingdom, tkmaxx.com, T.K. Maxx offers a merchandise mix similar to T.J. Maxx. It operates over 39 stores in the United Kingdom that offer a merchandise mix of home fashions similar to that of HomeGoods in the United States and HomeSense in Canada.
TJX Companies Inc
770 Cochituate Rd
FRAMINGHAM MA 01701-4666
Company Web Links
- BRIEF-TJX Companies CEO reports open market sale of shares
- T.J. Maxx owner raises forecast as shoppers hunt for bargains
- UPDATE 3-T.J. Maxx owner raises forecast as shoppers hunt for bargains
- Off-price retailer TJX's quarterly sales rise about 10 pct
- BRIEF-TJX Companies raises quarterly dividend by 24 pct from last dividend paid