Overview
The TJX Companies sells apparel and home fashions at off-price through four segments: Marmaxx (T.J. Maxx and Marshalls in the United States), HomeGoods, TJX Canada (Winners, Marshalls, HomeSense) and TJX International (T.K. Maxx and Homesense in Europe and Australia).[2] It is headquartered in Framingham, Massachusetts.[2] Forbes records sales of US$60.4bn, up 7.1%, and profit of US$5.5bn, a 9.1% margin that is the highest among the US store-based retailers in the ranking.[2] TJX’s market value of US$163.2bn is higher than that of Lowe’s and of every non-US retailer except Alibaba and Inditex. It employs 377,000 people.[2]
TJX Companies strengths and limitations
Strengths
- Highest margin among US store retailers
- Sales growth of 7.1%
- International off-price network
Limitations
- Lower sales per employee than most peers
- Depends on surplus-inventory supply
- Apparel demand is cyclical
Appears in
TJX Companies peers and competitors
Companies ranked in the same lists as TJX Companies.
Walmart
Kroger- Amazon
Costco Wholesale- Lowe’s
Target- Home Depot
- Dollar General
- Alibaba Group
Ahold Delhaize- Tesco PLC
- Carrefour SA
Is this your company?
Update the description, logo, image and link through the submission form. Editors review every change.