12 Facts About TJX Companies

1.

TJX Companies, Inc is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts.

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2.

TJX Companies ranked No 97 in the 2021 Fortune 500 list of the largest United States corporations by total revenue.

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3.

In 1990, TJX Companies expanded into an additional store brand division, and at the same time it first went international, as it entered the Canadian market by acquiring the five-store Winners chain.

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4.

In 1995, TJX Companies doubled in size when it acquired Marshalls, its fifth brand.

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5.

TJX Companies sold Hit or Miss, a discount mall based clothing store in 1995 as well through an employee leveraged buyout.

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6.

TJX Companies's seventh brand division, HomeSense, formed in 2001, was a Canadian brand modeled after the existing US brand, HomeGoods.

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7.

In mid-2003, TJX Companies acquired an eighth brand division, Bob's Stores, concentrated in New England.

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8.

In Canada, TJX Companies began to configure some Winners and HomeSense stores side by side as superstores.

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9.

TJX Companies began to test the side-by-side superstore model in the United States in 2004, combining some of each of the two Marmaxx brand stores with HomeGoods.

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10.

TJX Companies reached 141st position in the 2004 Fortune 500 rankings, with almost $15 billion in revenue.

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11.

In July 2015, TJX Companies acquired the Trade Secret and Home Secret off-price retail businesses from Australian company Gazal Corporation Limited.

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12.

TJX Companies said that it was working with General Dynamics, IBM and Deloitte to upgrade computer security.

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