Launched in 1994, T.K. Maxx introduced off-price retailing to the U.K. and Ireland. Today, T.K. Maxx is the only brick-and-mortar, off-price retailer of apparel and home fashions of significant size in Europe. T.K. Maxx expanded into Germany in 2007 and into Poland in 2009. T.K. Maxx also operates its e-commerce site, tkmaxx.com, in the U.K. T.K. Maxx, together with HomeSense, comprise TJX Europe.
T.K. Maxx offers great values in top-brand family apparel and home fashions, including women's footwear, lingerie, accessories and other merchandise, such as luggage and toys. Some stores feature the Mod Box, a department specifically geared to younger customers, and Gold Label, which features high-end designer labels.
T.K. Maxx ended 2013 with 371 stores, which average approximately 31,000 square feet in size. We believe that TJX Europe provides enormous store-growth opportunities, and we can grow T.K. Maxx and HomeSense to 875 stores with just our existing chains in our existing markets alone, over time.