TJX Companies Inc

TJX

TJX Companies Inc

@v_ffr3nchfry
6 months ago

Huge fan of Marshalls and HomeGoods!!

How Do They Make Money?

TJX Companies (TJ Maxx, Marshalls, HomeGoods, Homesense, Sierra, Winners, and TK Maxx) collectively are the leading off-price apparel and home fashions retailer in the United States and worldwide.

Four Business Segments:

  • Marmaxx (U.S.): Both TJ Maxx and Marshalls sell family apparel (including footwear), accessories (including beauty and jewelry), home fashions (including home basics, decorative accessories and giftware), and other merchandise, but differentiate by:

    • TJ Maxx: expanded assortment of jewelry and accessories and a high-end designer department

    • Marshalls: broader men’s offering

    • Sierra: Rebranded from 'Sierra Trading Post' in 2018. Sells brand name active and outdoor apparel, footwear, and gear (including sporting goods, snow and water sport, camping, fishing) for the whole family, as well as home fashions and pet products

  • HomeGoods (U.S.)

    • HomeGoods: home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop and cookware, as well as expanded pet and gourmet food departments

    • Homesense: large furniture, ceiling lighting, rugs, and an entertaining marketplace

  • TJX Canada

    • Winners: family apparel and home fashions

    • HomeSense: home decor, furniture, and seasonal home merchandise

    • Marshalls: family apparel, footwear, and home fashions

  • TJX International

    • TK Maxx (Europe - U.K., Ireland, Germany, Poland, Austria and the Netherlands): apparel and home fashions

    • Homesense (Europe - U.K. and Ireland): mix of home fashions similar to HomeGoods in the U.S.

    • TK Maxx (Australia): Rebranded from 'Trade Secret' in 2017 with TJ Maxx comparable merchandise