About TJX
TJX operates as a global off-price retailer, focusing on selling apparel and home fashions at discounted prices. The company acquires excess inventory from manufacturers and retailers, including items from department store cancellations and overproduced goods, allowing it to offer brand-name products at lower prices than traditional retailers. With over 4,800 stores worldwide, including popular chains like T.J. Maxx, Marshalls, and HomeGoods, TJX does not use promotional pricing but instead maintains consistently low prices to attract customers. The company generates revenue by purchasing merchandise at lower costs and selling it at a profit, while its buyers actively seek out trending and in-demand products to keep the inventory fresh. TJX also emphasizes ethical business practices and corporate responsibility, as highlighted in their Global Corporate Responsibility Report, which showcases their commitment to sustainability and responsible operations.