About TJX Cos

TJX: A Premier Leader in Off-Price Apparel and Home Fashions About Us Built on a foundation of value and a desire to continuously provide customers with memorable shopping experiences, TJX stands as a pioneering force in the off-price retail industry. As a distinguished forerunner in the sphere of apparel and home fashions in the U.S. and across the globe, our goal remains to offer incomparable value to our loyal customer base each and every day.

We achieve this goal by providing an ever-changing assembly of high-quality, fashionable, brand name, and designer merchandise at prices that consistently root themselves 20%-60% below what full-price retailers, including department stores, specialty shops, and major online entities, charge for similar items.

A Snapshot of Our Progress With over 5,000 stores spread across 9 different countries, a robust online presence manifested in 6 different e-commerce websites, and a dedicated team of approximately 349,000 associates, TJX has firmly established its place on the Fortune 500 list, sitting at a commendable 80th rank.

Our Unique Business Approach We approach sourcing and acquiring merchandise in a way that consistently meets our mission - to deliver unparalleled value to our customers each day. Our buying strategies are dynamic and adaptable, allowing us to respond timely and effectively to shifting market trends and opportunities. The bulk of the merchandise we offer in our physical stores and online platforms is of brand-name quality.

Our skilful team of buyers sources merchandise from a vast network of vendors across the globe, capitalizing on opportunities such as department store cancellations, surplus production from manufacturers, and end-of-season clearance deals. Beyond this, we also have a creative footprint in merchandise creation. We either design or have a pivotal role in the development of some of our merchandise.

This helps us round out our merchandise selections, particularly during times when market offerings fail to meet our stringent value criteria for brand, fashion, price, and quality. At present, we source our merchandise from a vast and ever-evolving network of over 21,000 vendors, spread across more than 100 countries worldwide. The Backbone of Our Business Our buying organization is bolstered by a dedicated and skilled team consisting of over 1,300 associates.

These professionals ensure that our customers have access to an enticing mix of high quality, fashionable, brand-name, and designer merchandise at unbeatable values every single day. Final Notes As of February 3, 2024, marking the end of the Company's fiscal year, and August 3, 2024, marking the end of the Company's second quarter of Fiscal 2025, TJX continues to grow at a promising pace.

[Updates as of October 2024] Please explore our website to learn more about our other facets, including our businesses, investors, our corporate responsibility, career opportunities, and how to locate our stores. You can also contact us directly via our 'contact us' option or read our terms of use, privacy, and other policies. © 2024 The TJX Companies, Inc. All rights reserved.

Growth

The TJX Companies Inc. is a well-established enterprise with a history dating back 47 years. It has experienced steady growth and success over the years, evidenced by strong financial results and cash flow generation. The company has invested in expanding its business while also prioritizing value for shareholders. TJX has a presence in multiple markets and has built a reputation for delivering high-quality, fashionable merchandise at discounted prices, appealing to a wide range of customers.

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Achievements

Throughout its history, TJX has achieved significant milestones, such as consistent revenue growth and cash flow generation. The company's ability to offer brand name and designer merchandise at 20%-60% below full-price retailers' regular prices has contributed to its success. TJX's inclusive and diverse workplace culture has also been a milestone, emphasizing the value of its associates and fostering engagement with its business mission. The launch of TJ Maxx under the leadership of Bernard Cammarata in 1976 marked a pivotal moment in the company's history.

Case Studies

One notable case study of TJX is its ability to maintain a competitive edge in the retail sector by offering high-quality merchandise at discounted prices. This strategy has proven successful in attracting customers and driving revenue growth. Additionally, TJX's commitment to corporate responsibility and inclusivity has been a significant aspect of its brand identity, resonating with both customers and employees. The launch of TJ Maxx in 1976 demonstrated the company's innovative approach to off-price retail, setting the stage for its continued success.

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