TJX Companies, Inc. (TJX)

About The TJX Companies, Inc. (TJX)

Company Description:

 

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It offers a wide range of clothing, footwear, home goods, and other products. The TJX business model is based on selling quality, fashionable merchandise at prices generally lower than other major retail chains.

The company was founded by Bernard Cammarata in 1956 and is headquartered in Framingham, Massachusetts, United States.

 

Main Product(s):

 

TJX Companies, Inc. is primarily known for its off-price retail stores. These include T.J. Maxx, Marshalls, HomeGoods, Sierra, and Winners, offering a variety of apparel, footwear, home furnishings, and other consumer goods.

 

Short History of The TJX Companies, Inc.:

 

  • 1956 – Founded by Bernard Cammarata.
  • 1987 – TJX was incorporated.
  • 1992 – Launched HomeGoods in the U.S.
  • 1994 – Acquired Marshalls, doubling the size of the company.
  • 2001 – Entered the Canadian market with Winners and HomeSense stores.
  • 2007 – Launched T.K. Maxx in Europe.
  • 2015 – Expanded into Australia with Trade Secret.
  • 2019 – Reached over 4,300 stores globally.

Key Executives:

NameTitlePayExercisedYear Born
Ms. Carol M. MeyrowitzExecutive Chairman4.87MN/A1954
Mr. Ernie L. HerrmanCEO, President & Director9.63M6.58M1961
Mr. Kenneth CanestrariSenior EVP & Group President3.1MN/A1962
Mr. Scott GoldenbergSenior Executive Vice President of Finance3.72MN/A1954
Mr. Bernard CammarataFounder & Executive Advisor541.93kN/A1940
Mr. John KlingerExecutive VP & CFON/AN/A1965
Jeff BotteVice President of Investor RelationsN/AN/AN/A
Alicia C. KellyExecutive VP, Secretary & General CounselN/AN/AN/A
Debra McConnellSenior Vice President of Global CommunicationsN/AN/AN/A
Mr. Douglas W. MizziSenior EVP & Group PresidentN/AN/A1960

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