The TJX Companies, Inc. is an off-price retailer that sells apparel, footwear, accessories, home furnishings and other merchandise at prices generally below those of traditional department and specialty stores. Its inventory typically includes branded, designer and name-brand products purchased through opportunistic buying, including order cancellations, excess production and closeout merchandise. Product selection and pricing can vary by store and change frequently.
The company operates a portfolio of retail chains in the United States, Canada, Europe and Australia. Its U.S. banners include T.J. Maxx, Marshalls, HomeGoods, Sierra and Homesense, while its international operations include Winners, HomeSense and Marshalls in Canada, TK Maxx in several European markets, and TK Maxx in Australia. TJX also operates e-commerce sites for certain brands, although its business remains centered on physical stores.
TJX traces its roots to the founding of T.J. Maxx in 1976 and became The TJX Companies following the 1987 acquisition of the Zayre Corporation’s off-price retail businesses. The company is headquartered in Framingham, Massachusetts, and is led by Chief Executive Officer and President Scott Goldenberg, who previously served in senior operating and financial roles at TJX.
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