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TJX
The TJX Companies, Inc. (abbreviated TJX) is an American Multinational corporation, multinational Discount store, off-price department store corporation, headquartered in Framingham, Massachusetts. It was formed as a subsidiary of Zayre, Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989. , 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 (retailer), 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). History Zayre In 1977, the first TJ Ma ...
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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 the TJX Companies. 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 Companies is Ernie Herrman. History TJ Maxx was founded in 1976 ...
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Zayre
Zayre () was a chain of discount stores that operated in the eastern half of the United States from 1956 to 1990. The company's headquarters were in Framingham, Massachusetts. In October 1988, Zayre's parent company, Zayre Corp., sold the stores to the competing Ames Department Stores, Inc. chain. In June 1989, Zayre Corp. merged with one of its subsidiaries, The TJX Companies, parent company of T.J. Maxx, which still exists today. A number of stores retained the Zayre name until 1990, by which time all stores were either closed or converted into Ames stores. History Zayre was founded in 1919 as the New England Trading Company in Boston, Massachusetts, by brothers Max and Morris Feldberg. The brothers were Jewish immigrants who fled Russia to escape conscription in the Czar's army, settling in Chelsea, Massachusetts. An underwear and hosiery wholesaler, the company began as a supplier to full-line department stores and specialty shops. Ten years later, the brothers launched ...
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Marshalls HomeGoods TJMaxx Boston Downtown Crossing
Marshalls, Inc. is an American chain of off-price department stores owned by TJX Companies. Marshalls has over 1,000 American stores, including larger stores named Marshalls Mega Store (stores operating with HomeGoods combined), covering 49 states and Puerto Rico, and 61 stores in Canada. Marshalls first expanded into Canada in March 2011. Marshalls is one of the largest U.S. off-price family apparel and home fashion retailers, along with its sister company, TJ Maxx. Its slogans are ''Your Surprise Is Waiting'' and ''Never Boring, Always Surprising''. History Independent company Marshalls traces its history to 1956, when Alfred Marshall gathered a group of entrepreneurs on the East Coast, including Bernard Goldston, Norman Barren, and Irving Blitt (Frank Estey and Bernard Ribas joined the entrepreneurs in 1960 by purchasing Bernard Goldston's shares), to collectively start up the "Brand Names For Less" concept. Marshalls did not carry clothing until Irving Blitt (who later h ...
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Marshalls
Marshalls, Inc. is an American chain of discount store, off-price department stores owned by TJX Companies. Marshalls has over 1,000 American stores, including larger stores named Marshalls Mega Store (stores operating with HomeGoods combined), covering 49 states and Puerto Rico, and 61 stores in Canada. Marshalls first expanded into Canada in March 2011. Marshalls is one of the largest U.S. off-price family apparel and home fashion retailers, along with its sister company, TJ Maxx. Its slogans are ''Your Surprise Is Waiting'' and ''Never Boring, Always Surprising''. History Independent company Marshalls traces its history to 1956, when Alfred Marshall (businessman), Alfred Marshall gathered a group of entrepreneurs on the East Coast of the United States, East Coast, including Bernard Goldston, Norman Barren, and Irving Blitt (Frank Estey and Bernard Ribas joined the entrepreneurs in 1960 by purchasing Bernard Goldston's shares), to collectively start up the "Brand Names For ...
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Carol Meyrowitz
Carol M. Meyrowitz (born 1954) is an American business executive who is the Executive Chairman of the Board and the Chairman of the Executive Committee of TJX Companies, the leading off-price retailer in the United States. As of 2015, she is listed as the 76th most powerful woman in the world by ''Forbes''. As of 2014, she was also ranked as the 12th most powerful woman in the world by ''Fortune''. Biography Born to a Jewish family, Meyrowitz graduated from Rider University with a bachelor's in marketing and management. She serves as a director of Amscan Holdings Inc. and Staples Inc. She's a member of The Boston Club's corporate advisory board, the board of governors for The Chief Executives' Club of Boston and the board of overseers for the Joslin Diabetes Center. History with TJX Meyrowitz joined TJX Companies in 1983. In 2001, she became Executive Vice President of the company, as well as the President of MarMaxx Group, the largest division of the company operating T.J. Maxx ...
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HomeSense
HomeSense (stylized as Homesense in Europe and the United States) is a Canadian chain of discount home furnishing stores owned by TJX Companies. It originated in Canada in 2001, and was expanded to Europe in 2008 and the United States in 2017. Outside of the United States, the chain is comparable to the TJX-owned HomeGoods. Within the US, where HomeGoods already operates, it features more big ticket items than its sister store. History Canadian operations Since 2001 this brand operates in Canada, as of 2014, HomeSense holds over 100 stores including its "Mega-stores" which include full Winners and HomeSense stores combined. The Canadian chain is similar to TJX's HomeGoods chain in the United States. HomeSense operates along with Winners and Marshalls in Canada both of which share common ownership by TJX Companies. Homesense specializes in home furnishings, selling products that range from low end to name brand. Prices tend to be competitive to account for minor defects or disc ...
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HomeGoods
HomeGoods is a chain of home furnishing stores headquartered in Framingham, Massachusetts Framingham () is a city in the Commonwealth (U.S. state), Commonwealth of Massachusetts, United States. Incorporated in 1700, it is located in Middlesex County, Massachusetts, Middlesex County and the MetroWest subregion of the Greater Boston .... HomeGoods sells furniture, linens, cooking products, art, and other home accessories. HomeGoods is owned by TJX Companies and is a sister company to T.J. Maxx, Sierra Trading Post, and Marshalls. The size of each store varies by location. There are locations in the United States that combine both the HomeGoods and the T.J. Maxx or Marshalls store brands in one building. History HomeGoods was founded in 1992 by TJX and grew to include hundreds of locations throughout the United States. In Canada and Europe, the parent company of HomeGoods operates a similar home furnishing chain called HomeSense. In August 2017, TJX announced the ...
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Sierra (retailer)
Sierra Trading Post, Inc., doing business as Sierra, is an online and brick-and-mortar retailer of off-price merchandise operated by the TJX Companies. The Framingham, Massachusetts–based company offers products in categories such as outdoor recreation, fitness and adventure gear, and apparel, along with footwear, clothing, and home decor. Sierra sells merchandise through 78 retail stores as of November 2022 and a company website. It carries products from approximately 3,000 name-brand manufacturers. Sierratradingpost.com launched in December 1998 and was included in the "Internet Retailer Top 400 List" in 2004 and the "Top 500 List" in 2005, 2006, 2007, 2010 and 2011. History Sierra Trading Post was founded in Reno, Nevada, in 1986, and headquartered there until 1992. The original company had of office space. The existing stores average of operating space. On January 12, 2009, as a result of the 2008 financial crisis, the company laid off approximately 130 employees at th ...
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Winners
Winners Merchants International L.P. is a chain of off-price Canadian department stores owned by TJX Companies. Its market niche is similar to the American chain TJ Maxx, and it is a partnered retailer to department stores HomeSense and Marshalls. History and format Winners was founded in 1982 by David Margolis in Toronto, Ontario. It was one of the first off-price department stores in Canada. In 1990, it merged with off-price department store owner TJX Companies. Winners offers brand-name clothing, footwear, bedding, furniture, fine jewelry, beauty products, and housewares. Products are at a 20-60% discount rate, and the stores generally do not carry the same merchandise for an entire season. The discounts are in large part due to the company buying excess or end-of-season merchandise from other stores, as well as its connections with TJ Maxx. The firm does not sell online. Since late 2001, Winners stores have been paired with HomeSense, a home accessory retailer, modelle ...
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TK Maxx
TK Maxx is a discount clothing and homewares retailer, founded in 1994. It is currently based in Watford, England. It is owned by American retailer TJ Maxx, who could not trade under the initials "TJ" in the United Kingdom due to the British discount chain T. J. Hughes. TK Maxx has since expanded across Ireland, the Netherlands, Germany, Austria, Poland and Australia, and also trades as Homesense. History In 1976, TJ Maxx was founded in Framingham, Massachusetts, United States, by Bernard Cammarata. The first international store opened in Bristol, UK, in 1994. The company modified the name to TK Maxx to avoid confusion with the unrelated British retail chain T. J. Hughes. Opening of stores in the Netherlands between 1999 and 2001 was not as successful as the company wished. The first store in Germany opened on October 4, 2007, in Lübeck. In 2007, TK Maxx began winding down new store openings in the United Kingdom. Focus was given to revamping or relocating older inner c ...
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Framingham, Massachusetts
Framingham () is a city in the Commonwealth (U.S. state), Commonwealth of Massachusetts, United States. Incorporated in 1700, it is located in Middlesex County, Massachusetts, Middlesex County and the MetroWest subregion of the Greater Boston metropolitan area. The city proper covers with a population of 72,362 in 2020 United States census, 2020, making it the 14th most populous municipality in Massachusetts. Residents voted in favor of adopting a charter to transition from a representative town meeting system to a mayor–council government in April 2017, and the municipality transitioned to city status on January 1, 2018. Before it transitioned, it had been the largest town by population in Massachusetts. The city has one of the largest Brazilian American populations in the United States, with a considerable Brazilian presence since the 1980s. History Prior to European colonization of the Americas, European colonization, the region around Framingham was inhabited by the I ...
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BJ's Wholesale Club
BJ's Wholesale Club Holdings, Inc., commonly referred as BJ's, is an American regional membership-only warehouse club chain based in Marlborough, Massachusetts, operating in the eastern United States in addition to Ohio, Michigan, Louisville, Kentucky, Indiana, Tennessee, Florida and Alabama. History The company was started by discount department store chain Zayre in 1984, on the Medford/ Malden border in Massachusetts. The company's name was derived from the initials of Beverly Jean Weich, the daughter of Mervyn Weich, the president of the new company. Weich announced his resignation as president in June 1987, and left on August 1. He was replaced by John Levy. When Zayre Corporation sold the Zayre nameplate to rival discount chain Ames in October 1988, TJX Companies was formed. In 1989, TJX spun off their warehouse division, consisting of BJ's and now-defunct HomeClub (later known as HomeBase, then House2Home), to form Waban, Inc. In August 1997, Waban spun off BJ's to bec ...
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