TJX Companies is a leading global off-price retailer offering recognized brands and designer products at value prices. The company’s business model focuses on purchasing excess inventory, closeouts and overruns from manufacturers and department stores, enabling it to provide a diverse assortment of apparel, home fashions and other consumer goods. Through its disciplined buying approach and flexible supply chain, TJX delivers fresh merchandise on a constant basis to millions of shoppers seeking a treasure-hunt shopping experience.
Originally founded in 1956 as Zayre Corp., the company launched its first off-price chain, T.J. Maxx, in 1977. In 1989 it spun off its off-price business as The TJX Companies, Inc. and began rapid expansion in North America. Over the years, TJX has introduced additional banners, including Marshalls, HomeGoods, Sierra, and Homesense in the United States, along with Winners and HomeSense in Canada and TK Maxx and Homesense in Europe. These divisions operate under a unified strategy that emphasizes strong vendor relationships and a commitment to value.
Today, TJX operates thousands of stores across the United States, Canada, Europe and Australia. Its product offerings span apparel for women, men and children, as well as home textiles, décor, kitchenware, beauty items and seasonal goods. The company maintains a growing e-commerce presence, complementing its brick-and-mortar stores with online platforms that extend the off-price concept to digital shoppers. This omnichannel approach has helped TJX adapt to evolving consumer preferences while preserving its treasure-hunt shopping appeal.
Leadership at TJX emphasizes operational discipline, sustainable growth and community engagement. Ernie Herrman, who was named CEO in 2016, focuses on strengthening the company’s global supply chain, enhancing customer experience and expanding the off-price model into new markets. Under his guidance, TJX has continued to refine its sourcing capabilities and invest in technology to support long-term profitability and shareholder value. The company remains committed to responsible sourcing, environmental stewardship and charitable initiatives in the communities it serves.
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