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TJX Companies - Statistics & Facts

The TJX Companies is one of the largest global retail chains, and is the leading apparel and footwear retailer worldwide. Some of their best known brands include HomeGoods, Marshalls, T.J. Maxx/T.K. Maxx, and Winners. TJX stores specialize in selling discounted apparel and footwear, home furnishings, beauty products, and cookware, among many other products. In 2021, TJX Companies operated over 4,500 stores worldwide, up from about 3,200 stores in 2014, with T.J. Maxx having the highest number of locations.

T.J. Maxx: product groups

In the United States, TJX generated over 25 billion dollars in sales in 2020, making it the most important region for the company in terms of revenue generation. HomeGoods has a seven percent share of the total homewares market, making it one of the top furnishing stores in the United States, behind Walmart and Target. However, the lion’s share of the revenue generated by TJX Companies comes from clothing and footwear.

Consumers

TJX companies are very popular among consumers in the United States. In 2020, a quarter of U.S. consumers purchased goods from T.J. Maxx among other discount stores. The retailer was among the stores where consumers were planning to do the majority of their holiday shopping. Over the past years, consumer satisfaction with T.J. Maxx was consistent as well. In 2020, the company secured a 79 percent customer approval rating.

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