Company Overview Visit tjx.com website
TJX is a United States-based multinational off-price retailer that deals with various types of apparel. The company sells products online and in-store under several brand names, including T.J.Maxx, Marshalls, Winners, HomeSense, Bob's Stores and Sierra Trading Post. TJ Maxx , also known as TK Maxx outside the USA (and stylized as "TJX"), is an American multinational clothing multinational chain founded in 1976 by Joseph Segel. It currently operates around 1,942 stores worldwide.
The company operates 2 different store formats: The first one is retail shops located in major metropolitan areas which offer designer brands at discounted prices for everyone; this store format is called T.J.Maxx in the United States and HomeSense elsewhere; The second is online stores where customers can buy "TJs", which are clothes that were rejected by other retailers for any number of reasons, but still brand new and in perfect condition.
TJX's concept is to buy overstock or irregular clothing from department stores and sell it at discounted prices. Its main competitors include Marshalls, Ross Stores, Burlington Coat Factory, Target Corporation, and Walmart.