TJX Companies, Inc is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts.
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TJX Companies, Inc is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts.
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TJX ranked No 97 in the 2021 Fortune 500 list of the largest United States corporations by total revenue.
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In 1990, TJX 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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In 1995, TJX doubled in size when it acquired Marshalls, its fifth brand.
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TJX sold Hit or Miss, a discount mall based clothing store in 1995 as well through an employee leveraged buyout.
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TJX's seventh brand division, HomeSense, formed in 2001, was a Canadian brand modeled after the existing US brand, HomeGoods.
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In mid-2003, TJX acquired an eighth brand division, Bob's Stores, concentrated in New England.
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In Canada, TJX began to configure some Winners and HomeSense stores side by side as superstores.
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TJX 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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TJX reached 141st position in the 2004 Fortune 500 rankings, with almost $15 billion in revenue.
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In July 2015, TJX acquired the Trade Secret and Home Secret off-price retail businesses from Australian company Gazal Corporation Limited.
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TJX said that it was working with General Dynamics, IBM and Deloitte to upgrade computer security.
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