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TJ Maxx
TJ Maxx (stylized as T•J•maxx) 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. TJ Maxx is the flagship chain of TJX. It sells men's, women's and children's apparel and shoes, toys, bath and beauty products, accessories, jewelry, and home products ranging from furniture and decor to housewares and kitchen utensils.
TJ Maxx and Marshalls operate as sister stores, and share a similar footprint throughout the country. Their product prices and inventories are usually identical and they have similar store layouts. In some locations, a Marshalls may be more upscale than a nearby TJ Maxx, carrying their Runway inventory where the TJ Maxx does not. And in other cities, the inverse may be true. Across their chain, though, they are, for all practical purposes, the same store.
The CEO of TJX is Ernie Herrman.
TJ Maxx was founded 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.
The TJX Companies, Inc. (abbreviated TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. 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.
As of 2019[update], TJX operates TJ Maxx (in the United States) and TK Maxx (in Australia and Europe), its flagship store chains, along with Marshalls, HomeGoods, HomeSense, and Sierra in the United States, and HomeSense, Marshalls, and Winners in Canada. There are over 4,557 discount stores in the TJX portfolio located in nine countries. TJX ranked No. 80 in the 2024 Fortune 500 list of the largest United States corporations by total revenue. TJX is a publicly listed stock on the New York Stock Exchange (NYSE) under the ticker symbol TJX and has a capital value of $132.27 Billion (August 2024).
The TJ Maxx concept was first announced by Zayre Corp. in April 1977. Setting it apart from the main Zayre chain was a greater emphasis on "family apparel, giftwares, and domestic goods at discount prices". On May 19, 1977, the first two TJ Maxx stores held simultaneous openings in Groton, Connecticut and Bangor, Maine, with a third opening four days later in Charlotte, North Carolina. The concept proved so successful in the face of the main Zayre chain's losses that Zayre sold its namesake chain to Ames, a rival discount department store, in September 1988. In December, Zayre announced a restructuring plan for the company and was renamed as TJX Companies, Incorporated. TJX bought Marshalls in 1995.
In the fall of 1998, TJ Maxx opened the store chain A.J. Wright. This chain was closed in January 2007.
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TJ Maxx
TJ Maxx (stylized as T•J•maxx) 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. TJ Maxx is the flagship chain of TJX. It sells men's, women's and children's apparel and shoes, toys, bath and beauty products, accessories, jewelry, and home products ranging from furniture and decor to housewares and kitchen utensils.
TJ Maxx and Marshalls operate as sister stores, and share a similar footprint throughout the country. Their product prices and inventories are usually identical and they have similar store layouts. In some locations, a Marshalls may be more upscale than a nearby TJ Maxx, carrying their Runway inventory where the TJ Maxx does not. And in other cities, the inverse may be true. Across their chain, though, they are, for all practical purposes, the same store.
The CEO of TJX is Ernie Herrman.
TJ Maxx was founded 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.
The TJX Companies, Inc. (abbreviated TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. 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.
As of 2019[update], TJX operates TJ Maxx (in the United States) and TK Maxx (in Australia and Europe), its flagship store chains, along with Marshalls, HomeGoods, HomeSense, and Sierra in the United States, and HomeSense, Marshalls, and Winners in Canada. There are over 4,557 discount stores in the TJX portfolio located in nine countries. TJX ranked No. 80 in the 2024 Fortune 500 list of the largest United States corporations by total revenue. TJX is a publicly listed stock on the New York Stock Exchange (NYSE) under the ticker symbol TJX and has a capital value of $132.27 Billion (August 2024).
The TJ Maxx concept was first announced by Zayre Corp. in April 1977. Setting it apart from the main Zayre chain was a greater emphasis on "family apparel, giftwares, and domestic goods at discount prices". On May 19, 1977, the first two TJ Maxx stores held simultaneous openings in Groton, Connecticut and Bangor, Maine, with a third opening four days later in Charlotte, North Carolina. The concept proved so successful in the face of the main Zayre chain's losses that Zayre sold its namesake chain to Ames, a rival discount department store, in September 1988. In December, Zayre announced a restructuring plan for the company and was renamed as TJX Companies, Incorporated. TJX bought Marshalls in 1995.
In the fall of 1998, TJ Maxx opened the store chain A.J. Wright. This chain was closed in January 2007.
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