The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company’s approximately 3,200 stores offer an assortment of brand name and designer merchandise at prices 20% to 60% below department and specialty store regular prices on comparable merchandise, every day. Divisions The company operates its business in four major divisions: Marmaxx and HomeGoods, both in the U.S., TJX Canada and TJX Europe. Marmaxx This division’s T.J. Maxx and Marshalls chains in the United States (referred to together as The Marmaxx Group or Marmaxx) operates as a primary off-price retailer in the United States with a total of 2,021 stores. Both chains sell family apparel (including footwear and accessories), home fashions (including home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware), and other merchandise. The company primarily differentiates T.J. Maxx and Marshalls through different product assortment (including an expanded assortment of fine 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 Marshalls) and in-store initiatives. The company launched its new e-commerce Website, tjmaxx.com, in 2013. HomeGoods This division’s HomeGoods chain is the primary off-price retailer of home fashions in the U.S. Through its 450 stores, this segment offers a range of home fashions, including home basics, giftware, accent furniture, lamps, rugs, wall décor, decorative accessories from around the world, and seasonal and other merchandise. TJX Canada This division operates the Winners, HomeSense, and Marshalls chains in Canada. Winners is the primary off-price apparel and home fashions retailer in Canada. The merchandise offering at its 227 stores across Canada is comparable to T.J. Maxx, with select stores offering fine jewelry and The Runway, a designer section. The company’s HomeSense chain brings the home fashions off-price concept to Canada. HomeSense has 91 stores with a merchandise mix of home fashions similar to HomeGoods. The company operates 27 Marshalls stores in Canada. Like Marshalls in the U.S., its Canadian Marshalls stores offer an expanded footwear department and The Cube juniors’ department, differentiating them from Winners stores. TJX Europe This division operates the T.K. Maxx and HomeSense chains in Europe. With 371 stores, T.K. Maxx operates in the U.K., Ireland, Germany, and Poland. Through its stores and e-commerce Website for the U.K., tkmaxx.com, T.K. Maxx offers a merchandise mix similar to T.J. Maxx, Marshalls, and Winners. The company brought the off-price home fashions concept to Europe. Its 28 stores in the U.K. offer a merchandise mix of home fashions similar to that of HomeGoods in the U.S. and HomeSense in Canada. Additionally, the company operates Sierra Trading Post, an off-price Internet retailer of brand name outdoor gear, family apparel and footwear, sporting goods, and home fashions. Sierra Trading Post has its e-commerce site, sierratradingpost.com, and operates four retail stores in the U.S. Trademarks The company has the right to use its principal trademarks and service marks, which are T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post, in relevant countries. Seasonality The company’s business is subject to seasonal influences. In the second half of the year (year ending February 2014), which includes the back-to-school and year-end holiday seasons, the company realizes higher levels of sales and income. History The TJX Companies, Inc. was founded in 1956.
tjx companies inc (TJX:New York)
770 Cochituate Road
Framingham, MA 01701
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