TJX
TJX runs more than 5,200 off-price stores, mainly TJ Maxx, Marshalls, HomeGoods, Winners and TK Maxx, that buy brand-name apparel and home goods opportunistically and sell them 20% to 60% below full-price retailers.
It never runs sales or coupons.
Prices are already 20% to 60% below full-price retailers every day, so stock turns without promotions.
How big is TJX?
TJ Maxx and Marshalls bring most sales.
- Marmaxx61%$36.6B
- HomeGoods17%$10.2B
- TJX International13%$8.0B
- TJX Canada9%$5.6B
Buy late. Price low. Turn fast.
- 1Brand closeouts and overruns
- 220-60% below full price
- 3Fresh stock, no promotions
Buying close to need from about 21,000 vendors lets TJX skip markdown-heavy promotions while stores restock constantly.
- BlackRock, Inc.8.9%
- The Vanguard Group, Inc.8.44%
CEO: Ernie Herrman
- 1977The first TJ Maxx stores open
- 1989TJX becomes the successor company
- 1990TJX acquires Winners in Canada
- 1992HomeGoods launches
- 1994TK Maxx brings off-price to the U.K.
Every number on this page comes from TJX's own reports.
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