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Success Factors



LONG-TERM GLOBAL GROWTH OF OUR OFF-PRICE VALUE COMPANY



We plan to continue growing TJX as the leading global, off-price, value retailer of apparel and home fashions for the long term. We operate stores in nine countries on three continents and are one of the few large U.S. brick-and-mortar retailers of apparel and home fashions to have expanded successfully internationally. With nearly 4,700 stores as of January 29, 2022, we see the potential to expand our store base to 6,275 stores long term with our current chains in current countries. Our Company has a focused portfolio of four major divisions, and we believe they all have an opportunity to further grow their store base over the long term.

Our ability to leverage our global teams, infrastructure, and operational expertise are some of the major reasons for our confidence in being able to open additional stores around the world over the long term.

Beyond our successful brick-and-mortar business, we see e-commerce as an important complement to our stores and another way to expand our customer base. We have five e-commerce sites that offer consumers differentiated merchandise and great values. In the U.S., we operate tjmaxx.com, marshalls.com, homegoods.com, and sierra.com, and in the U.K. we operate tkmaxx.com.

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

Long-term Global Store Growth - Marmaxx from 2,432 to 3,000, HomeGoods/Homesense 889 to 1,500, TJX Canada 546 to 650, TJX International 763 to 1,125, Total 4,689 to 6,275

1Total TJX stores includes 59 Sierra stores in the U.S., as of FYE22. Sierra stores are not included in estimated store growth potential.