Attention, all fashionista budget shoppers, lend me you ears, because you won't be sorry! TJMaxx has broken the ground for a new store in South Tampa's Fresh Market Plaza embracing over 26000 square feet of fashionable clothing and home goods at affordable prices. The new store will be strategically placed two miles South of their partner Home Goods and two miles North of their other clothing store, Marshalls. The site is a real coup, as Tampa real estate is a rare find.
The acquisition is part of a plan in progress for TJX, the corporate head of the conglomerate, to double the number of TJ Maxx stores worldwide. The corporate stock has already responded to the impressive growth spurt with an increase in stock value of over 25% this year.
Reasonable prices Pay Dividends
Marshalls and TJ Maxx have been vanguards for providing well made fashions at reasonable prices, and the global economy slack has actually increased their net income and moved their TJX stock up the board. The stores are noticeably increasing their Florida stake and the new store in South Tampa is not the only one to be built in a new town or city, much to the appreciation of women and teens who have driven to other towns in the past to shop at the affordable TJ Maxx stores.
The clothing retailer carries items of fashion for casual wear up to formal gowns, and has the accessories to make ensembles that are chic and on the spot. TJ Maxx has been the store of choice for working women, students and even the matron society for nearly a decade, and their loyalty is now paying off by bringing the store to their own town or city plaza. Doubling their global footprint will not only continue the stock's upward movement but reinforce it with the increased sales from the new territories.
Major Growth in Slow Economy
This is one of the few instances of a company actually doubling in size in the wake of a down sizing economy. Other major chains who have been closing stores and laying off employees should stop looking with envy at the progress of TJ Maxx, and should emulate their policies, quality of fashionable merchandise and reasonable prices. The buying public has loyally demonstrated that they will patronize their favorite store for the right goods and even better prices.
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