What Companies Are Owned By TJX?

TJX owns many well-known stores such as TJ Maxx, Marshalls, HomeGoods, and Sierra Trading Post.

With more than 4,500 stores spread across nine countries, TJX offers a wide range of products, right from clothing to home décor, at unbeatable prices.

But there is more…

This article explores TJX ownership and what companies are owned by TJX. Keep reading to find out…

Who Owns TJX?

TJX is owned by a larger corporate organization known as The Marmaxx Group. The Marmaxx Group is an American multinational retailing corporation headquartered in Framingham, Massachusetts.

TJX is a publicly-traded company, which means that anyone can buy stocks in the company, and as a result, become a partial owner. However, some of the biggest shareholders in TJX include large institutional investors and mutual funds.

Despite these shareholders having a say in the company’s decisions, the day-to-day management of TJX is entrusted to its executive leadership team.

What Companies Are Owned by TJX?

TJX is a major retail corporation that owns some of the most popular retail chains in the United States and worldwide. These chains include:

1. TJ Maxx

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

Marshalls is owned by The Marmaxx Group, the parent company of TJX Companies. Marshalls is an American off-price department store chain founded in 1956 and currently owned by The Marmaxx Group. Founded in Massachusetts, it has more than 1,000 stores across the United States and Canada. It sells a variety of clothing for men, women, children, and babies as well as home goods.

3. HomeGoods

HomeGoods is owned by The Marmaxx Group, the parent company of TJX Companies. HomeGoods was founded in 1992 and is an American chain of discount home furnishing stores. It has over 500 stores across the United States and features a wide variety of furniture, home decor items, linens, and more.

4. Sierra Trading Post

Sierra Trading Post is owned by TJX Companies Inc. which operates as an off-price retailer with over 30 stores in the United States and Canada. It offers clothing and outdoor gear for men, women, and children as well as home decor items. Customers can shop online for products from the store. Sierra Trading Post also offers rewards programs where customers earn points with every purchase that can be used towards future purchases or discounts.

5. Homesense

Homesense is owned by The Marmaxx Group, the parent company of TJX Companies. Homesense was founded in 2017 and is an American chain of home furnishing stores that offers a wide variety of furniture, decor items, linens, and more. It has over 150 stores across the United States.

When Was TJX Founded?

TJX was founded in 1956 in Massachusetts by Bernard Cammarata. It is known for its unbeatable prices on fashion, home goods, and more. TJX remains committed to its founding principles of providing quality products at affordable prices.

Who is the CEO of TJX?

Ernie Herrman is the current CEO and Director of TJX and has been an integral part of the corporation’s growth and success for the past 30 years.

His vision and leadership skills have been pivotal in driving TJX’s growth and market reach, making it one of the largest off-price retailers in the world. With his extensive experience and expertise, it’s no wonder that he has brought TJX to new heights and continues to lead the corporation to achieve more significant milestones in the future.

What is TJX Net Worth?

TJX has a net worth of $81.2 billion.

This is a testament to the company’s growth, expansion, and ability to adapt to ever-changing market trends. TJX’s success can certainly be attributed to its business model, which has helped the company constantly stay ahead of its competitors. TJX Companies, the popular American multinational off-price department store corporation, has been successful in creating a niche market for itself.

Where is the Headquarters of TJX?

TJX is headquartered in Framingham, Massachusetts. This charming town outside of Boston is where TJX Companies, Inc. calls home.

What is the Annual Revenue of TJX?

TJX Companies, Inc. reported an annual revenue of $49.9 billion in 2023. This impressive figure is a testament to the company’s dedication to providing customers with quality products at unbeatable prices. With more than 4,500 stores worldwide and millions of loyal customers, TJX continues to be the leader in off-price retailing.

How Many Employees Does TJX Have?

TJX Companies, Inc. employs over 320,000 people worldwide across its various brands, including T.J. Maxx, Marshalls, and HomeGoods.

Over 300 thousand individuals help keep TJX running smoothly and continue to provide customers with unbeatable deals on the latest trends. With such a significant workforce, it’s no wonder TJX has become one of the largest apparel and home fashion retailers in the world.

Final Words

It is clear who the true powerhouse behind TJX is – TJX Companies Inc. And it owns several brands and companies that contribute to the overall net worth of TJX and its sister companies.

From humble beginnings in Framingham, Massachusetts, to now having locations in nine countries around the world, Harveyn Roberts made sure that his company was going to be an indispensable global force when he founded it in 1956.

The current CEO Ernie Herrman has been with the company for over 30 years and inherited Mr Robert’s legacy as well as all of his innovative ideas making him one of the leading CEOs today. It is apparent to everyone why TJX has become what it is today with its ownership structure proven reliable and sound.

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