TJX - TJX Companies
The TJX Companies, Inc. (NYSE:TJX) was founded by brothers Stanley and Sumner Feldberg in 1956, when they opened their first store in Hyannis, Massachusetts under the brand name Zayre.
Brands the off-price retailer of apparel and home fashions company operates are T.J. Maxx. Marshalls, Homegoods, A.J. Wright, Winners, HomeSense and T.K. Maxx.
By far the largest amount of sales come from clothing and footwear, which usally accounts for around 60 percent of annual sales.
Growth at the company has been both organic and by acquisition, with the TJX buying Winners Apparel, Marshalls, and Bob's Stores, while launching a number of their own companies in certain markets. Bob's Stores has since been sold.
TJX became a public company in 1962, trading on the New York Stock Exchange under the name of Zayre Corp., which was changed to TJX Companies, Inc. in 1988-1989.
The company based in Framingham, Massachusetts.
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