Content about T.J. Maxx

February 27, 2013
Earnings soar at TJX

The TJX companies reported that sales for the 14-week fourth quarter ended Feb. 2 were $7.7 billion, a 15% increase over the prior year.

February 7, 2013
Comps moderate at TJX and Ross

Same store sale decelerated for The TJX Companies and Ross Stores during January even though both companies increased their full year profits forecasts.

December 21, 2012
The TJX Companies extends its e-commerce reach

The TJX Companies has acquired Sierra Trading Post, an off-price Internet retailer based in Cheyenne, Wyoming, for approximately $200 million in cash.

November 29, 2012
Discount apparel remains in style

TJX Companies reported a 3% comp increase on top of a prior year gain of 4% while Ross Stores said posted a comp increase of 2% compared to last November’s 5% comp increase.

August 30, 2012
Value in vogue for back-to-school

Ross Stores and The TJX companies both reported a better-than-expected 8% same store sales increase during August.

February 23, 2011
Store closures impact TJX's profit

TJX Cos. reported a 15% drop in fourth-quarter earnings, dragged down by costs to close its A.J. Wright store division. The company also plans to repurchase $1.2 billion of its stock this fiscal year and raise its dividend.

February 1, 2011
TJX makes some management changes

The TJX Companies announced that its board of directors approved a new management structure as part of the company’s ongoing leadership succession planning.

February 1, 2011
TJX makes some management changes

The TJX Companies announced that its board of directors approved a new management structure as part of the company’s ongoing leadership succession planning.

December 11, 2010
TJX shutters A.J. Wright division

FRAMINGHAM, Mass. - TJX Companies announced that it will consolidate its A.J. Wright division by converting 91 A.J. Wright stores into T.J. Maxx, Marshalls or HomeGoods stores and by closing the remaining 71 stores, A.J. Wright’s two distribution centers and its home office. This action is expected to improve the overall profitability of the company, and will allow TJX to focus its managerial and financial resources on its larger, more profitable businesses, all of which have major growth potential, as well as to serve the A.J. Wright customer more efficiently, TJX reported.

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