Full Answer
What are the parent companies of TJ Maxx?
The TJX Companies, Inc. (abbreviated TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989.. As of 2019, TJX operates its flagship brand, TJ Maxx (in the United States) and TK Maxx (in ...
Are TJ Maxx and Marshalls owned by the same company?
TJ Maxx and marshalls are actually owned by the same Corp. Tj maxx and Marshalls are very similar but Ross tends to carry items with a little less quality with lower prices. how many stores does TJX own? 4,412 August 3, 2019 In this regard, what company owns at home?
What is the starting pay at TJ Maxx?
Starting wage changed from $9 to $11- but people who have been there years don’t get anything extra. How is this fair? So- the starting pay at my TJ Maxx was $9 an hour when I first started working there. I have been there 3 years- through 3 performance reviews, which had moved me up over the years to making $10.80.
Who is the CEO of TJ Maxx?
While their prices are nearly identical and they have similar store layouts, TJ Maxx has a more upscale appearance than Marshalls and typically sells a larger range of fine jewelry and accessories. Some higher-volume stores have a high-end designer department called The Runway. The CEO of TJX companies is Ernie Herrman.
Who is T.J. Maxx owned by?
In 1987, Zayre forms a new entity called The TJX Companies, Inc., with T.J. Maxx, Hit or Miss, and Chadwick's of Boston as the initial retail banners. Following Zayre's reorganization in 1989, TJX becomes the successor company with Ben Cammarata serving as Chief Executive Officer and President.
Who is Marshalls owned by?
TJX CompaniesMarshalls is an American chain of off-price department stores owned by TJX Companies. Marshalls has over 1,000 American stores, including larger stores named Marshalls Mega Store, covering 42 states and Puerto Rico, and 61 stores in Canada.
Are Marshalls and T.J. Maxx owned by the same company?
Marshalls was acquired by TJX in 1995, and together with T.J. Maxx, forms Marmaxx, the largest off-price retailer of apparel and home fashions in the U.S. Marshalls has stores across the U.S., including Puerto Rico. Marshalls also operates an e-commerce site, marshalls.com, launched in 2019.
Is Ross and T.J. Maxx owned by the same company?
Ross Stores, Inc. is an American chain of off-price department stores headquartered inPleasanton, California,[4] operating under the name Ross Dress for Less. It is the third largest off-price retailer in the United States, behind T.J. Maxx and Marshalls, both of which are owned by TJX Companies.
Which is better T.J. Maxx or Marshalls?
Marshalls is a shoe lover's mecca, and T.J. Maxx is more fashionista-friendly. So similar are the products at Marshalls and T.J. Maxx that TJX recently began referring to both brands on its website as "Marmaxx" — kind of the discount retailer's version of "Bennifer." But that doesn't mean they are exactly the same.
What company owns target?
Dayton-Hudson CorporationTarget CorporationCorporate headquarters, Target Plaza, in MinneapolisTotal equityUS$14.440 billion (2021)Number of employees409,000 (2020)ParentDayton Corporation (1962-1969) Dayton-Hudson Corporation (1969-2000)SubsidiariesShipt18 more rows
Why is TJ Max cheap?
TJ Maxx is an off-price retailer, which means it stocks excess inventory from merchandisers.
Is Ross better than TJ Maxx?
Shop at T.J. Because T.J. Maxx buys from higher-end boutiques and manufacturers (including designers), you'll find more and better brands there. Ross buys from less-expensive stores to begin with. Think middle-level department stores, like JCPenney.
Can you return a TJ Maxx item to Marshalls?
You cannot return your TJ Maxx items to Marshalls or HomeGoods. If the item was purchased at a TJ Maxx store or online it must be returned to a TJ Maxx store only. What is this? You don't have to return it to the exact store you purchased it from, you can bring it back to any TJ Maxx store location.
Can I use a Marshalls gift card at T.J. Maxx?
Gift cards and e-gift cards can be redeemed at marshalls.com, or in any T.J. Maxx, Marshalls or HomeGoods store.
Is Burlington owned by T.J. Maxx?
In 2007, it was acquired by Bain Capital in a transaction and in 2008, Tom Kingsbury became president and CEO. The company went public again in 2013. Burlington is the third largest off-price retailer after TJX Companies and Ross Stores....Burlington (department store)Trade nameBurlingtonNumber of employees40,000 (2018)WebsiteCoat.com16 more rows
Do Marshalls and T.J. Maxx have the same clothes?
Although the buyers for both Marshalls and TJ Maxx are the same, the stores carry different merchandise and have different in-store layouts.
Is Burlington owned by T.J. Maxx?
In 2007, it was acquired by Bain Capital in a transaction and in 2008, Tom Kingsbury became president and CEO. The company went public again in 2013. Burlington is the third largest off-price retailer after TJX Companies and Ross Stores....Burlington (department store)Trade nameBurlingtonNumber of employees40,000 (2018)WebsiteCoat.com16 more rows
Who owns Zayre Corp?
ZayreFinal Zayre logo, used from 1978 to 1990TypeDepartment storeFateAcquired by Ames and BJ's Wholesale Club acquired by Waban Inc.SuccessorTJX CompaniesHeadquartersFramingham, Massachusetts6 more rows
Is HomeGoods owned by T.J. Maxx?
HomeGoods is owned by TJX Companies, and is a sister company to T.J. Maxx, Sierra Trading Post, and Marshalls. The size of each store varies by location. There are locations in the United States that combine both the HomeGoods and the T.J.
Can I return something from Marshalls to T.J. Maxx?
You cannot return your TJ Maxx items to Marshalls or HomeGoods. If the item was purchased at a TJ Maxx store or online it must be returned to a TJ Maxx store only. What is this? You don't have to return it to the exact store you purchased it from, you can bring it back to any TJ Maxx store location.
When did TJX become a company?
1987-1989. In 1987, Zayre forms a new entity called The TJX Companies, Inc., with T.J. Maxx, Hit or Miss, and Chadwick’s of Boston as the initial retail banners. Following Zayre’s reorganization in 1989, TJX becomes the successor company with Ben Cammarata serving as Chief Executive Officer and President.
How many Marshalls stores does TJX have?
TJX acquires Marshalls, the second largest off-price retailer in the U.S. At this time, Marshalls has 496 stores and offers brand name family apparel, including a broad selection of footwear and menswear. Combined, T.J. Maxx and Marshalls operate more than 1,000 stores nationwide.
What is TJX in 2021?
and worldwide, was ranked 80 in the 2020 Fortune 500 company listings and operates four major divisions: Marmaxx, HomeGoods, TJX Canada, and TJX International (comprised of Europe and Australia). As of January 30, 2021 (the end of the fiscal ...
How many stores does TJX have in 2021?
As of January 30, 2021 (the end of the fiscal year), TJX operated more than 4,500 stores in nine countries, across three continents, as well as four e-commerce businesses.
When will TJX reopen?
Starting in the spring 2020 , TJX began reopening its operations while prioritizing the health and safety of its Associates and customers, including closing stores temporarily when necessary.
When did Zayre Corp. start trading?
1 Zayre Corp. was a public company that began trading on the New York Stock Exchange in 1962.
Who owns Winners Apparel?
TJX acquires Winners Apparel of Canada, a Toronto-based chain of five off-price family apparel stores. Over time, TJX grows this chain into Canada’s largest off-price retailer of family apparel and home fashions.
How much does TJX sell?
TJX's $27.4 billion in annual sales is just shy of the $27.9 billion collected last year by Macy's, despite the fact that Macy's has almost 40% more square footage.
Who is pulling in more in annual sales than most department stores in America?
TJX is pulling in more in annual sales than most department stores in America, including J.C. Penney, Sears and Nordstrom. By Sapna Maheshwari.
How many TJX stores are there?
It now has more than 3,800 stores with annual sales of $33.1 billion, compared to just under 2,800 stores with $21.9 billion in sales six years ago. Traditional department stores like Macy's are testing the off-price concept as they look to bolster sales, but they're also cutting back on their overall number of stores as they see customer counts continue to fall.
Is TJX expanding?
The expansion plans were announced as TJX announced fourth-quarter results that topped Wall Street expectations, bolstered by strong sales during the holiday season. "Looking ahead, we feel great about our prospects for growth in the near and long-term and building our market share," CEO Ernie L. Herrman told investors.
T.J. Maxx Stock Ownership Analysis
About 92.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.19. TJX Companies next dividend is scheduled to be issued on the 9th of February 2022. The entity had 2:1 split on the 7th of November 2018.
T.J. Maxx Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as T.J. Maxx is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TJX Companies backward and forwards among themselves. T.J.
TJX Companies Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific T.J. Maxx insiders, such as employees or executives, is commonly permitted as long as it does not rely on T.J. Maxx's material information that is not in the public domain.
T.J. Maxx Outstanding Bonds
T.J. Maxx issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market.
T.J. Maxx Investors Sentiment
The influence of T.J. Maxx's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in T.J. Maxx. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon.
Current Sentiment - TJX
Predominant part of Macroaxis users are at this time bullish on TJX Companies. What is your outlook on investing in TJX Companies? Are you bullish or bearish?
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When running TJX Companies price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J.
Director Qualifications and Nominations
The Corporate Governance Committee recommends to the Board individuals to be director nominees who, in the opinion of the Committee, will be committed to collectively serving the long-term success of our business and the best interests of our shareholders.
Board Diversity
For more detail on our Board of Directors, Committees of the Board, and governance structure, we encourage you to visit our Corporate Governance Documents page.
Meet Our Board
Mr. Abdalla, age 62, was the President of PepsiCo, Inc., a leading global food, snack, and beverage company, from September 2012 through his retirement in December 2014, prior to which he served as CEO of PepsiCo Europe, a division of PepsiCo, starting in November 2009 and as President, PepsiCo Europe Region starting in January 2006. Mr.
Where is TJ Maxx located?
TK Maxx is a subsidiary of the American apparel and home goods company TJX Companies based in Framingham, Massachusetts. It uses a slightly different name from that of the TJ Maxx stores in the United States, to avoid confusion with the British retailer T. J. Hughes .
Who owns TK Maxx?
For the American brand owned by TJX, see TJ Maxx. TK Maxx is a subsidiary of the American apparel and home goods company TJX Companies based in Framingham, Massachusetts.
When did TK Maxx start selling?
In March 2009, the TK Maxx e-commerce site was launched, initially selling only handbags, but later also selling other accessories. In October 2015, the first Dutch store opened in Eindhoven. Followed by two more stores in Groningen and Rotterdam.
When did TK Maxx open in the Netherlands?
The first store in Germany opened on October 4, 2007, in Lübeck. In August 2008, TK Maxx opened a store on Kensington High Street, London, England, its first central London store, on a site formerly occupied by Habitat.
Does TK Maxx recycle Christmas cards?
Since 2004, TK Maxx has held a Christmas card recycling scheme in conjunction with the Trust.
Does TK Maxx support Enable Ireland?
In Ireland, TK Maxx actively supports Enable Ireland, a charity which helps provide free services to children with disabilities.
Is TK Maxx a member of Comic Relief?
In June 2007, TK Maxx was an active participant of UK Comic Relief, having been the sole retailer of the Red Nose Day T-shirts which generated £2 million for the Comic Relief cause. In June 2009, TK Maxx was again the sole retailer of the Red Nose Day T-shirts, with exclusive designs by Stella McCartney, raising a total of £3,200,589.
Which is better, Marshalls or TJ Maxx?
Sort of. They're set up in a similar fashion, and you might see them carry some of the same brands, but each store is it's own entity,. Both are owned by the TJX Corporation, hence why you might see a bit of similarity between the stores. For my money, I prefer Marshalls. They have a better selection, better sales, better deals…just, better everything all round than TJ Maxx. And if you're a girl with curves, Marshalls definitely has better offerings than TJ Maxx! The only bummer is there is no Marshalls for miles and miles where I live. I have to wait till I cross that Mason Dixon line and hea
Who owns Home Goods and Sierra Trading?
The company that owns both stores is TJX (nyse). They also own: Home Goods, and Sierra Trading in the US, Home Sense, Winners and Marshalls in Canada, and TKMaxx in the UK.
Is Marshall's an overstock store?
Marshall’s. By far. BUT… Marshall’s is basically an overstock (not the company Overstock) store, so you get whatever happens to be overstock from other stores or manufacturers or distributors. It can be hit or miss on brands, styles and sizes. Marshall’s doesn’t order/contract clothes directly from the manufacturer the year before to make a line of clothing.
Is Marshall's the same as TJMaxx?
Marshall’s and TJMaxx are two separate companies that are owned by the same parent company TJX corparations which employs buyers for both companies that is why you will find the same items at both stores. The companies operate separately returns must be returned to the chain it was bought but the TJX credit cards are good at all TJX chains as well as giftcards , e-gift cards and reward certificates. P.S. TJX corporation also own Homegoods , Sierra Trading Post in U.S. & Homesense and TKMaxx in Canada, U.K. & Australia
