TJX Companies Inc
Company Profile
Business description
TJX Companies is the leading off-price retailer of apparel, accessories, and home merchandise in the United States. The firm leverages its more than 20,000 global vendor relationships to procure and sell brand-name merchandise at prices 20%-60% cheaper than conventional retail channels. TJX opportunistically purchases excess inventory that stems from manufacturing overruns and retail closeout sales. The off-price retailer disperses its vast and disparate merchandise across its 5,000 global stores, creating a treasure-hunt shopping experience for consumers. Over three quarters of TJX’s sales are derived from the United States, primarily via the T.J. Maxx, Marshalls, and HomeGoods banners. About 10% of sales are from Canada and 12% from Europe and Australia.
Contact
770 Cochituate Road
FraminghamMA01701
USAT: +1 508 390-1000
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Apparel Retail
Fiscal Year End
31 January 2025
Employees
349,000
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