TJ Maxx

T.J. Maxx is a large U.S. off-price retailer that sells brand-name and designer clothing, shoes, accessories, beauty products, toys, and a wide range of home goods at discounted prices compared with traditional department and specialty stores. Stores typically serve as value-oriented fashion and home anchors that generate steady traffic and work well alongside daily-needs, soft goods, and other national retailers in open-air centers and malls.

The concept traces back to 1976, when Bernard Cammarata was brought into the former Zayre discount chain to create a new off-price family apparel format. The first T.J. Maxx stores opened in 1977 in Groton, Connecticut and Bangor, Maine, followed soon after by a location in Charlotte, North Carolina. As the off-price model outperformed the legacy Zayre business, it was separated into The TJX Companies in 1989. A key milestone came in 1995, when TJX acquired Marshalls and combined the two banners under what is now the Marmaxx division, giving the parent company a nationwide off-price platform. Over time, TJX added complementary concepts such as HomeGoods in the United States and TK Maxx internationally, while T.J. Maxx remained the flagship U.S. apparel and home brand.

As of December 2019, T.J. Maxx operated more than 1,000 stores across the United States, placing it among the country’s largest clothing retailers by store count. Since then, the chain has continued to grow as part of a broader TJX portfolio that now includes several thousand Marmaxx stores globally and thousands more locations under other TJX banners across multiple countries. T.J. Maxx locations are commonly found in open-air community and power centers as well as select enclosed malls and lifestyle centers. The brand’s box size and layout are flexible enough to work as an anchor or junior anchor, and in many trade areas T.J. Maxx is paired with Marshalls or HomeGoods to create a multi-concept draw.

During roughly the last five years, TJX has kept T.J. Maxx on a steady expansion path while also investing in relocations and remodels to adjust to shifting shopping patterns and infill opportunities. Company guidance highlights ongoing new-store growth, including a plan to add approximately 130 net new locations across TJX banners in fiscal 2024, along with a stated belief that there is still meaningful long-term runway for additional Marmaxx stores in North America. That growth has been supported by continued consumer demand for off-price merchandise and by a disciplined approach to real estate selection.

For owners and leasing teams, T.J. Maxx offers the combination of a nationally recognized nameplate, consistent traffic, and an investment-grade public parent in The TJX Companies, Inc. The chain’s “treasure hunt” shopping experience and everyday-value positioning help drive repeat visits across economic cycles, supporting co-tenants and center performance. Its scale, credit quality, and adaptable store format make it a frequent consideration when curating fashion and home merchandise lineups in community, neighborhood, and regional retail centers.