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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. retailers of apparel and home fashions to have expanded successfully internationally. With more than 4,500 stores as of February 1, 2020, we see the potential to expand our store base to 6,100 stores long term (reflects only 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.

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 four e-commerce sites that offer consumers differentiated merchandise and great values. In the U.S., we operate tjmaxx.com, marshalls.com, and sierra.com, and in the U.K. we operate tkmaxx.com.

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.

As of February 1, 2020, which was the end of the Company’s fiscal year.

1Total TJX stores includes 46 Sierra stores in the U.S., as of FYE20.