BNET Industries

Last Fiscal Year Sales:$1.5B
- Private
- US
Dow Jones Description
T.J. Maxx, the nation's largest off-price retailer, sells brand name and designer fashions for the entire family and home at up to 60 percent less than department and specialty store prices, every day. T.J. MAXX MERCHANDISE: Brand name and designer apparel for women, men and children. Accessories including handbags and luggage. Giftware, domestics, women's shoes, fine jewelry (14-kt. gold and sterling silver), and children?s educational toys and books. Over 95% first quality merchandise. Less than 5% of T.J. Maxx?s merchandise is slightly irregular with flaws usually unnoticeable to the customer. Irregulars provide a tremendous opportunity for the customer to receive additional savings and value. All irregular merchandise is clearly identified on the price tag.
T.J. Maxx President
Ernie HermannNumber of Employees 35,000
Peer Companies
NAICS Code Family Clothing Stores: 448140
Recent Events
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TJX Q3 profit surges 32%; boasts outlook
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Bed, Bath & Beyond Now Open for Business in Palm Springs!
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City of Paramount Announces Opening of New T.J. Maxx Store Leading Retailer Brings Local Jobs,...
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Community mourns lost mother, officer
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TJX 2Q profit climbs as consumers seek bargains
News & Analysis
Filter by
marshalls and t.j. maxx - All News and Analysis
BWR Begins Tracking TJX Companies Inc.
M2 PRESSWIRE-1 February 2007-Blue Chip News: BWR Begins Tracking TJX Companies Inc.C1994-2007 M2 COMMUNICATIONS LTD RDATE:01022007 Rifling through the racks is an art at TJX stores. The TJX Companies operates seven retail chains including the two largest off-price clothing retailers in...
National Off-Price Retailers Choose RedPrairie's Workforce Performance Management Solution
WAUKESHA, Wis. -- RedPrairie Corporation is pleased to announce that the nation's two largest off-price retailers, T.J. Maxx and Marshalls, both owned by The TJX Companies, Inc., based in Framingham, Massachusetts, have chosen RedPrairie's Workforce Management solution to increase efficiencies in their distribution centers. T.J. Maxx and Marshalls offer quality...
TAKING IT TO THE MAXX WHY THE OWNER OF T.J. MAXX AND MARSHALLS IS GOING STRONGER THAN EVER -- TO THE TUNE OF $5.5 BILLION.(Brief Article)
"T.J. Maxx and Marshalls are defining the price of apparel for many people." That conclusion, from George Rosenblum, chair-man of Leo J. Shapiro & Associates, a Chicago consumer research firm, goes a long way toward explaining the impact the two off-price chains are...
Marshalls to Expand to Mount Pleasant, S.C.
By John P. McDermott, The Post and Courier, Charleston, S.C. Knight Ridder/Tribune Business News Sep. 6--Off-price retailer Marshalls is expanding to Mount Pleasant, where it will carry a larger assortment of gifts and home products than its existing Charleston locations. ...
Melville to sell Marshalls to TJX for $550 million; both store names will be retained; hear 190 units could be closed.
Melville Corp is selling its 495-unit Marshalls off-price chain to TJX for $550 million. The sale is for $175 million in TJX convertible stock and $375 million in cash, and Melville will take a 4th qtr after-tax charge of $195 million. Marshalls had 1994 sales of $2.8 billion from its...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Ernie Hermann | T.J. Maxx President |
| Arnold S. Barron | COO & Executive Vice President |
| Rebecca Leonard | Assoc Vice President, PR |
| Laura McDowell | |
| Sonya Cosentini |
| Organization | Position | Status |
|---|---|---|
| T.J. Maxx | T.J. Maxx President | Current |
| Organization | Position | Status |
|---|---|---|
| T.J. Maxx | COO & Executive Vice President | Current |
| The TJX Companies, Inc. | Senior Executive Vice President & Group President | Current |
| Dollar Tree Stores, Inc. | Board of Directors | Current |
| The TJX Companies, Inc. | Senior Executive Vice President | Former |
| The TJX Companies, Inc. | Director, Stores | Former |
| The TJX Companies, Inc. | General Merchandise Manager , Maxx Division | Former |
| The TJX Companies, Inc. | Group Executive | Former |
| Organization | Position | Status |
|---|---|---|
| T.J. Maxx | Assoc Vice President, PR | Current |
| Organization | Position | Status |
|---|---|---|
| T.J. Maxx | Current |
| Organization | Position | Status |
|---|---|---|
| T.J. Maxx | Current |
Industry Transcripts by Seeking Alpha
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Costco F1Q10 (Qtr End 11/22/09) Earnings Call Transcript
on Dec 10, 2009about COST
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on Dec 08, 2009about CASY
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The Talbots, Inc. F3Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 08, 2009about TLB
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Cost Plus Inc. Q3 2009 Earnings Call Transcript
on Dec 03, 2009about CPWM
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