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The company, which owns T.J. Maxx, Marshalls and Home Goods, has quietly grown to be larger than almost every department-store and specialty-retail chain in the U.S., including J.C. Penney, Sears, Kmart, Nordstrom and Gap.
TJ Maxx was founded in 1976 in Framingham, Massachusetts, by Bernard Cammarata and the Zayre chain of discount department stores. Zayre had tried but failed to purchase Marshalls, so Zayre hired Cammarata, who had been Marshalls' head of merchandising, to create a rival chain. [4]
As of 2019, TJX operates TJ Maxx (in the United States) and TK Maxx (in Australia and Europe), its flagship store chains, along with Marshalls, HomeGoods, HomeSense, and Sierra in the United States, and HomeSense, Marshalls, and Winners in Canada.
TJX acquires Trade Secret (rebranded to T.K. Maxx stores in 2017), an off-price retailer operating 35 stores in Australia. T.K. Maxx continues its expansion in Europe, opening stores in Austria and the Netherlands.
We operate over 4,900 stores across nine countries, including TJ Maxx, Marshalls, HomeGoods, Homesense, and Sierra, in the U.S.; Winners, HomeSense, and Marshalls in Canada; TK Maxx and Homesense in Europe, and TK Maxx in Australia.
1. TJ Maxx is a subsidiary of TJX Companies, Inc. where customers can shop for products online. Customers can also sign up to receive alerts when new merchandise arrives in stores or when special offers are available. 2. Marshalls is owned by The Marmaxx Group, the parent company of TJX Companies.
Along with sister chains HomeGoods, Homesense, and Sierra, T.J. Maxx and Marshalls belong to the same parent company: Massachusetts-based TJX, which also owns brands in Europe and Canada. T.J. Maxx was TJX's first "baby," launching in 1977, exactly 21 years after its then-competitor Marshalls had hung its shingle.