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Company

A Global Off-Price Retailer


The TJX Companies, Inc., the leading off-price apparel and home fashions retailer in the U.S. and worldwide, was ranked 75 in the 2022 Fortune 500 company listings. At the end of fiscal 2022, the Company had nearly 4,700 stores across nine countries and three continents, and five distinctive branded e-commerce sites. We operate T.J. Maxx and Marshalls (combined, Marmaxx), HomeGoods, Sierra, and Homesense, as well as tjmaxx.com, marshalls.com, homegoods.com, and sierra.com, in the U.S.; Winners, HomeSense, and Marshalls (combined, TJX Canada) in Canada; and T.K. Maxx in the U.K., Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as Homesense in the U.K. and Ireland, and tkmaxx.com in the U.K. (combined, TJX International).


Carol Meyrowitz

Carol
Meyrowitz
  • Executive Chairman of the Board

Ernie Herrman

Ernie
Herrman
  • Chief Executive Officer and President



Key Highlights


~4,700

Stores

9

Countries



5 E-comm

5 E-comm

websites



~340,000

Associates



75th Ranked

75th Ranked

Fortune 500






Our Mission


Our mission is to deliver great value to our customers every day.

We do this by offering a rapidly changing assortment of quality, fashionable, brand name, and designer merchandise at prices generally 20% to 60% below full-price retailers’ (including department, specialty, and major online retailers) regular prices on comparable merchandise, every day. With our value proposition, we reach a broad range of fashion- and value-conscious consumers across many geographies, income levels, and demographic groups.

HISTORY OF STRONG PERFORMANCE


Our business model has been built to have tremendous flexibility and adapt with the times. Over our more than four decades as a Company, we have generally delivered steady sales and earnings growth through many retail and economic environments across different geographies. Over the course of our history, our strong financial returns and cash generation have allowed us to simultaneously invest in the growth of the business and return cash to shareholders for decades. While our business was negatively impacted by the COVID-19 global pandemic, including numerous temporary store closures and government-mandated shopping restrictions, we maintained an unwavering focus on the execution of our off-price business model. Our strong sales and net income performance in fiscal 2022 gives us great confidence in the outlook for our business and that we are well on our way to becoming an increasingly profitable, $60 billion-plus company!


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OUR OFF-PRICE BUSINESS MODEL


We believe that we operate one of the most flexible business models in the world. Our stores have no walls between departments, which enables us to expand and contract merchandise categories to respond to market trends and changing customer preferences. Our inventories turn rapidly, which gives us flexibility to adjust our merchandise assortments more frequently than traditional retailers. Our buyers have more visibility into consumer, fashion, and market trends when we buy closer to need. In fiscal 2022, we sourced merchandise globally from a universe of approximately 21,000 vendors and more than 100 countries. Our world-class buying organization of over 1,200 Associates is constantly focused on seeking the right categories, fashions, and brands, while also testing new ideas. Our flexible business model, decades of off-price experience, and global sourcing and buying power have been major advantages throughout our history. We believe these characteristics of our business will continue to be our winning retail formula in the future.


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Careers


With stores and offices around the world, there is a breadth of opportunities at TJX to discover a career in retail.


DISCOVER YOUR NEXT MOVE





CORPORATE RESPONSIBILITY


We are committed to making a positive, sustainable impact on the world in which we live and conduct business.


DELIVERING REAL VALUE





INVESTOR INFORMATION


The TJX Companies, Inc. trades on the New York Stock Exchange (NYSE) under the symbol TJX.


RESEARCH TJX STOCK, FINANCIAL PERFORMANCE, AND SUCCESS FACTORS





Careers


With stores and offices around the world, there is a breadth of opportunities at TJX to discover a career in retail.


DISCOVER YOUR NEXT MOVE





CORPORATE RESPONSIBILITY


We are committed to making a positive, sustainable impact on the world in which we live and conduct business.


DELIVERING REAL VALUE





INVESTOR INFORMATION


The TJX Companies, Inc. trades on the New York Stock Exchange (NYSE) under the symbol TJX.


RESEARCH TJX STOCK, FINANCIAL PERFORMANCE, AND SUCCESS FACTORS




OUR BUSINESSES




As of January 29, 2022, which was the end of the Company’s fiscal year.