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TJX History. Our Company roots date back 45 years. In 1976, Bernard (Ben) Cammarata, General Merchandising Manager of Marshalls at the time, was recruited by discount retailer, Zayre Corp., to develop and spearhead the launch of a new off-price chain selling family apparel and home fashions. Under Mr. Cammarata’s leadership, T.J. Maxx was born.
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The TJX Companies, Inc. The TJX Companies, Inc. (abbreviated TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. [7] It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989.
- 1987; 36 years ago
- Framingham, Massachusetts, U.S.
- 270,000 (2018)
- 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.
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TJX Companies is a global leader in the off-price industry, offering quality, fashionable, brand name, and designer merchandise at discounted prices. Whether you are looking for clothing, footwear, accessories, or home goods, you can find them at TJX Companies' stores in the U.S. and worldwide.
TJX is the leading off-price retailer in the U.S. and worldwide, offering brand-name and designer merchandise at discounted prices. Learn about its business model, global buying strategies, and corporate responsibility.