The TJX Companies, Inc.

The TJX Companies, Inc. is a major off-price retailer of apparel and home goods with thousands of stores across North America, Europe, and Australia. The business centers on buying branded and designer merchandise at value prices and moving it quickly through stores, so shoppers see a constantly changing selection each time they visit. That off-price model has made TJX a frequent traffic driver in shopping centers of many types.

The company’s history dates back to 1962 with the incorporation of the Zayre discount department store chain. In 1976, merchandising executive Bernard Cammarata launched the TJ Maxx concept, which introduced the off-price format that still defines the company today. TJX was created as a Zayre subsidiary in 1987 and, following a reorganization in 1989, became the legal successor to Zayre and emerged as a standalone retailer headquartered in Framingham, Massachusetts. Over the next several decades, TJX broadened its reach through new concepts, international expansion, and selective acquisitions that gave it a multi-banner, multi-country footprint.

As of November 2025, TJX operates roughly 4,700 stores in nine countries. In the United States, its brands include TJ Maxx and Marshalls under the Marmaxx group, as well as HomeGoods, Sierra, and Homesense. In Canada, it runs Winners, HomeSense, and Marshalls. Across Europe and into Australia, it operates TK Maxx and Homesense. The company also supports several e-commerce platforms linked to its major banners, extending its reach beyond physical locations. This scale makes TJX one of the largest apparel and home fashions retailers in the world by store count.

Over roughly the last five years, TJX has continued to grow by adding net new stores across its banners and core geographies. The company has emphasized infill expansion in established trade areas, along with selective entry into additional markets where off-price concepts are less common. Its priority growth markets include the United States, Canada, the United Kingdom, Ireland, Germany, and Poland, reflecting a continued focus on both North American and European white-space opportunities. Corporate communications frequently point to store growth as a key driver of the business, suggesting that new units remain central to its long-term plan.

TJX operates at a scale that supports hundreds of thousands of employees worldwide and generates annual revenue in the tens of billions of dollars, placing it near the top of the Fortune 500. Its model relies on flexible buying, strong supplier relationships, and efficient distribution and logistics, all geared toward keeping costs low while refreshing store assortments frequently. These capabilities help the company maintain relevance with value-conscious shoppers and support consistent traffic to its locations.

For landlords, brokers, and developers, TJX is best known as a reliable anchor or junior anchor in power centers, community centers, and select urban projects. Its banners typically occupy larger-format boxes that draw shoppers from a broad trade area and pair well with grocery, discount, and soft goods tenants. Because the company operates multiple concepts across apparel and home, it can match different banners to different centers and trade areas, giving it flexibility in site selection and center positioning. Over time, TJX has shown a willingness to pursue both infill and expansion opportunities in mature and growth markets, which keeps it active in lease negotiations and new project discussions across its priority countries.