The TJX Companies

Name

The TJX Companies

Legal name

The TJX Companies, Inc.

Website

https://tjx.com

Company type

Public

Founded year

1976

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Off-Price Apparel and Home Fashions Retail

NAICS

Clothing and Clothing Accessories Retailers (45811), Clothing and Clothing Accessories Retailers (458110)

SIC

Retail-Apparel & Accessory Stores (5600), Retail-Family Clothing Stores (5651)

akta.pro primary industry

Apparel, Footwear & Accessories Resale (CRAFAGAA)

Keywords

• Off-price retail
• Apparel retail
• Home goods retail
• Discount fashion
• Value retail

Headquarters

HQ city

Framingham

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Off-Price Retail Sales: Revenue generated from sales of apparel and home fashions through brick-and-mortar stores and e-commerce sites. TJX operates 5,214 stores globally across four segments: Marmaxx (TJ Maxx, Marshalls), HomeGoods (includes Homesense U.S.), TJX Canada (Winners, HomeSense, Marshalls), and TJX International (TK Maxx, Homesense in Europe/Australia). Fiscal 2026 net sales of $60.4 billion with 7% year-over-year growth. Q1 FY2027 net sales of $14.3 billion, up 9% year-over-year.
2. Merchandise Sales - E-commerce: Six e-commerce sites offering differentiated merchandise and great values. U.S.: tjmaxx.com, marshalls.com, sierra.com. Europe: tkmaxx.com (U.K.), tkmaxx.de (Germany), tkmaxx.at (Austria). E-commerce is positioned as complementary to stores and another way to expand customer base.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

The TJX Companies operates an off-price retail business selling brand-name and designer apparel, footwear, accessories, home fashions, and outdoor/active merchandise at prices generally lower than those found at traditional full-price retailers. Merchandise is sourced opportunistically from more than 21,000 vendors globally and sold through its T.J. Maxx, Marshalls, HomeGoods, Sierra, Homesense, Winners, HomeSense, and TK Maxx banners across the U.S., Canada, Europe, and Australia.

Product overview

The TJX Companies operates as a Fortune 100 off-price retailer offering a rapidly changing assortment of brand-name, designer, and fashionable merchandise at prices 20-60% below full-price retailers. The company operates four segments: Marmaxx (U.S. TJ Maxx and Marshalls, the largest off-price apparel/home retailer in the U.S.), HomeGoods (U.S. home fashions), TJX Canada (Winners, HomeSense, Marshalls Canada), and TJX International (TK Maxx and Homesense in Europe and Australia). The portfolio includes 14 distinct retail brands across physical stores (5,200+ stores in 10 countries) and 6 e-commerce sites (tjmaxx.com, marshalls.com, sierra.com in the U.S.; tkmaxx.com, tkmaxx.de, tkmaxx.at in Europe). Recent strategic expansions include entry into Spain (2026), joint venture with Grupo Axo in Mexico (2024), and minority investment in Brands for Less in the Middle East (2024).

Differentiator

Problem solved

Functional benefit

Brands

• Marmaxx: Joint entity comprising TJ Maxx and Marshalls in the U.S., the largest off-price retailer of apparel and home fashions in the U.S.
• TJX Canada
• TJX International
• Runway at TJ Maxx
• Gold Label (TK Maxx)
• Mod Box (TK Maxx)
• TJX Rewards

Products and services

• T.J. Maxx

Quantifiable outcome

• 6% comparable store sales growth in Q1 FY2027
• +5 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Best Buddies InternationalcoreStrategic or Co-development Partner · 30 May 2026TJX Companies served as presenting sponsor of the 27th Annual Best Buddies Challenge: Hyannis Port, a cycling, run and walk fundraiser that raised more than $4 million for Best Buddies International, a nonprofit supporting people with intellectual and developmental disabilities. TJX has hired more than 400 Best Buddies participants to serve in various functions at U.S. stores.
• Grupo AxocoreStrategic or Co-development PartnerTJX formed a joint venture with Grupo Axo in 2024, comprising its off-price physical store business in Mexico. This represents an additional way to participate in the growth of off-price in newer geographies.
• The Posse FoundationminorStrategic or Co-development PartnerNonprofit partner supporting early career recruitment and development programs for diverse talent pipeline.
• Bottom LineminorStrategic or Co-development PartnerNonprofit partner for early career programs supporting diverse candidate pipeline.
• Girls Who CodeminorStrategic or Co-development PartnerNonprofit partner supporting early career opportunities and diversity in technology careers.
• United Negro College FundminorStrategic or Co-development PartnerNonprofit partner for recruitment and career development at historically Black colleges and universities.
• Fashion Scholarship FundminorStrategic or Co-development PartnerIndustry partner supporting fashion career development and scholarship programs.
• The King's TrustminorStrategic or Co-development PartnerTJX Europe partner with The King's Trust to engage with and help create career opportunities for disadvantaged young people through skills workshops and training.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Costco: Costco's rotating assortment of brand-name goods at value prices (apparel, home, jewelry, Kirkland signature) overlaps with the off-price discovery model and customer base. While Costco's membership warehouse format differs from TJX's mall-based stores, both compete for the value-seeking shopper.
• Walmart: Walmart is the largest U.S. retailer, with a broad apparel and home assortment that competes with TJX on price for lower-income shoppers. Walmart's scale, private label strength, and growing e-commerce platform make it a broad incumbent against TJX in value retail.
• Target: Target operates a broad retail assortment including apparel, home, and beauty that competes with TJX's offerings. Target's owned brands and increasingly curated assortment overlap with TJ Maxx's treasure-hunt experience, particularly during promotional periods.
• Kohl's: Kohl's is a U.S. department store chain offering mid-tier apparel and home goods, competing for the same broad value-conscious customer as TJ Maxx and Marshalls. Kohl's frequent promotional pricing contrasts with TJX's no-gimmicks everyday value model.
• Macy's: Macy's is a major U.S. department store chain whose full-price apparel and home offerings compete broadly with TJX. Macy's own off-price Macy's Backstage initiative is a smaller competitor, while Macy's overall serves as the full-price benchmark that TJX prices 20-60% below.

Emerging players

• Five Below: Five Below is a U.S. extreme-value retailer offering trend-right merchandise mostly under $5 (and increasingly $10). While smaller and narrower in assortment than TJX, Five Below competes for some of the same trade-down, treasure-hunt-driven value consumer.
• thredUP: thredUP is a leading online resale platform for apparel and accessories, representing the digitally native alternative to off-price retail. While thredUP operates a fundamentally different supply model (consumer-sourced secondhand), it competes for the same price-conscious, brand-seeking shopper that TJX targets.

Direct peers

• Ross Stores: Ross Stores is the closest direct competitor to TJX in the U.S. off-price apparel and home market, operating Ross Dress for Less and dd's DISCOUNTS chains. Both compete for the same vendor closeouts and value-conscious consumers using the same treasure-hunt merchandising approach.
• Burlington Stores: Burlington Stores is a major U.S. off-price retailer of apparel and home merchandise, competing head-to-head with TJ Maxx and Marshalls. Both operate the same opportunistic-buying model with rapidly changing assortments of brand-name goods at significant discounts to full-price retailers.
• Nordstrom (Nordstrom Rack): Nordstrom operates the Nordstrom Rack off-price banner, which competes directly with TJ Maxx and Marshalls for discounted brand-name apparel. While Nordstrom's full-price business gives Rack a different supply dynamic, the off-price format overlaps materially in target customer and merchandise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/sierraofficial
• Facebookfacebook.com/1396229077291923
• LinkedInlinkedin.com/company/tjx
• Instagraminstagram.com/tjxcareers
• Xx.com/tjxco

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The TJX Companies