TJX

TJX

Off-price retailer for apparel and home goods

About

TJX operates as a global off-price retailer, focusing on selling apparel and home fashions at discounted prices. The company acquires excess inventory from manufacturers and retailers, including items from department store cancellations and overproduced goods. This allows TJX to offer brand-name products at lower prices than traditional retailers. With over 4,800 stores worldwide, including popular chains like T.J. Maxx, Marshalls, and HomeGoods, TJX does not use sales or coupons but instead maintains consistently low prices to attract customers. The company generates profit by purchasing merchandise at lower costs and selling it at a markup, while its buyers actively seek out trending and in-demand products to keep the inventory fresh. TJX also emphasizes ethical business practices and corporate responsibility, as highlighted in their Global Corporate Responsibility Report.

Company Stage

IPO

Employees

10,001+

Industries

Consumer Goods

Total Funding

N/A

Headquarters

Framingham, Massachusetts

Founded

1987


Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into Spain by 2026 could increase TJX's European market presence.
  • Low open-air mall vacancies suggest a strong retail environment for TJX's physical stores.
  • Increased preference for off-price retail models may grow TJX's customer base.

What critics are saying

  • Economic pressures may lead to cautious consumer spending, affecting TJX's profitability.
  • Expansion into Spain may pose cultural adaptation challenges for TJX.
  • Consumer focus on promotional deals may challenge TJX's everyday low price strategy.

What makes TJX unique

  • TJX offers brand-name merchandise at consistently low prices without promotional sales.
  • The company operates over 4,800 stores globally, including T.J. Maxx and Marshalls.
  • TJX's dynamic inventory is driven by acquiring excess inventory from manufacturers and retailers.

Help us improve and share your feedback! Did you find this helpful?

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for TJX right now.

Find jobs on Simplify and start your career today

đź’ˇ
We update TJX's jobs every 8 hours, so check again soon! Browse all jobs →