Something About Company
A GLOBAL OFF-PRICE RETAILER
The TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, was ranked 87th in the 2022 Fortune 500 company listings. At the end of Fiscal 2023, the Company had over 4,800 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).
KEY HIGHLIGHTS
4,800+
Stores
9
Countries
5 E-comm
websites
~329,000
Associates
87th 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 maintained an unwavering focus on executing our off-price business model which has generally allowed us to deliver steady sales and earnings growth through many retail and economic environments across different geographies. Over the course of our history, our strong financial results and cash generation have allowed us to simultaneously invest in the growth of the business and return cash to shareholders. Our strong sales and profitability performance in Fiscal 2023 give 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 revenue company!
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. We source 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.
DISCOVER YOUR NEXT MOVE
At TJX, we strive to give our customers a treasure hunt shopping experience, where they can discover something exciting every time they shop – big brand names, boutique designer labels, and fantastic gems from around the globe. There’s nothing as exciting as that moment you discover the perfect pair of shoes, a cozy throw for your couch, or a fabulous new dress – at an amazing price.
We strive to offer our Associates new discoveries every day as well. Discoveries about our off-price business model, which is different from traditional retailers. Discoveries about our relationship-driven culture. Discoveries about ourselves. After all, we are a Fortune 100 company with offices, stores, and distribution centers around the world. This means there are a breadth of opportunities at TJX – everything from merchandising and finance to technology, marketing, and more.
DELIVERING VALUE. RESPONSIBLY.
TJX is an exciting place to work and it’s our Associates who bring our business to life. Staying true to our open, collaborative culture and our core values of honesty, integrity, and treating each other with dignity and respect is a priority for us. How do we do this? is a top priority for us. How do we do this?
Inclusion and Diversity
We strive for an inclusive workplace where our Associates feel welcome when they walk in the door; valued for their diversity of thought, background, and experience; and engaged with our business mission to deliver great value to our customers every day.
Teaching and Development
Teaching, mentoring, and championing our culture are global business priorities year in and year out. We believe this encourages Associates to join us, not just to find a job, but to build a career.
Corporate Responsibility
We remain committed to acting as a responsible corporate citizen by investing in our Associates and our communities, helping to mitigate our impact on the environment, and operating our business ethically.
The TJX Companies, Inc. considers all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status, or based on any individual's status in any group or class protected by applicable federal, state, or local law. TJX also provides reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.
