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Zayre (/ z ɛər /) was a chain of discount stores that operated in the eastern half of the United States from 1956 to 1990. The company's headquarters were in Framingham, Massachusetts. In October 1988, Zayre's parent company, Zayre Corp., sold the stores to the competing Ames Department Stores, Inc. chain.
Jan 7, 2023 · Zayre: The Story of Humble Beginnings and a Bittersweet End. Zayre was a household name for many folks in the eastern United States for over three decades. Founded in 1956, the discount store chain quickly gained popularity for its wide selection of affordable goods and convenient locations.
- 1977. The first two T.J. Maxx stores open in Auburn and Worcester, Massachusetts. 1987-1989. In 1987, Zayre forms a new entity called The TJX Companies, Inc., with T.J.
- 1990. TJX acquires Winners Apparel of Canada, a Toronto-based chain of five off-price family apparel stores. Over time, TJX grows this chain into Canada’s largest off-price retailer of family apparel and home fashions.
- 1992. TJX launches HomeGoods in the U.S., offering an eclectic selection of home fashions from around the world.
- 1994. TJX launches T.K. Maxx, introducing the off-price concept to the U.K. and then to Ireland. Over time, T.K. Maxx becomes Europe’s only major brick-and-mortar, off-price retailer of apparel and home fashions.
Nov 16, 2021 · Zayre was a massive northeastern discount department chain that was founded in 1919 as a women's fashion store. The coming decades saw very substantial growth for the chain, however in the 1980...
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Jul 14, 1985 · IN 1980, when the Miami riots caused conflagrations at many businesses in the ghetto-like Liberty City area, the local Zayre discount store was one of the victims.
Zayre. In 1977, the first TJ Maxx store opened in Auburn, Massachusetts as part of the discount department store chain Zayre. In June 1987, Zayre established The TJX Companies as a subsidiary. In the first half of 1988, Zayre stores had operating losses of $69 million on sales of $1.4 billion.
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Zayre was a chain of discount stores that operated in the eastern half of the United States from 1956 to 1990. The company's headquarters were in Framingham, Massachusetts. In October 1988, Zayre's parent company, Zayre Corp., sold the stores to the competing Ames Department Stores, Inc. chain.
