T.J. Maxx (sometimes referred to as
TJ's or
TJ) is a chain of
AmericanThe United States of America is a federal constitutional republic comprising fifty states and a federal district...
department storeA department store is a retail establishment which specializes in satisfying a wide range of the consumer's personal and residential durable goods product needs; and at the same time offering the consumer a choice multiple merchandise lines, at variable price points, in all product categories...
s owned by
TJX CompaniesThe TJX Companies, Incorporated , is the largest international apparel and home fashions off-price department store chain in the United States. Based in Framingham, Massachusetts, the company originally evolved from the Zayre discount department store chain, founded in 1956, which opened its first...
. It is the largest off-price apparel retailer in the United States offering brand name clothing, ladies footwear, bedding and domestics, furniture and giftware, jewelry, beauty products, handbags, and housewares. All merchandise is claimed to be at least 20 - 60% below regular department and specialty store prices.
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T.J. Maxx (sometimes referred to as
TJ's or
TJ) is a chain of
AmericanThe United States of America is a federal constitutional republic comprising fifty states and a federal district...
department storeA department store is a retail establishment which specializes in satisfying a wide range of the consumer's personal and residential durable goods product needs; and at the same time offering the consumer a choice multiple merchandise lines, at variable price points, in all product categories...
s owned by
TJX CompaniesThe TJX Companies, Incorporated , is the largest international apparel and home fashions off-price department store chain in the United States. Based in Framingham, Massachusetts, the company originally evolved from the Zayre discount department store chain, founded in 1956, which opened its first...
. It is the largest off-price apparel retailer in the United States offering brand name clothing, ladies footwear, bedding and domestics, furniture and giftware, jewelry, beauty products, handbags, and housewares. All merchandise is claimed to be at least 20 - 60% below regular department and specialty store prices. The company operated 847 stores at the end of 2007. The average size of a T.J. Maxx store is .
History
In 1976, T.J. Maxx was founded in
Framingham, MassachusettsFramingham is a town in Middlesex County, Massachusetts, United States. The population was 66,910 at the 2000 census.Framingham, sited on the ancient trail known as the Old Connecticut Path, was first settled when John Stone settled on the west bank of the Sudbury River in 1647...
, by Taras Sokil as a nameplate of the
ZayreNot to be confused with: Zaire, the African country now known as the Democratic Republic of the Congo.Zayre was a chain of discount retail stores that operated in the Northeastern, Southern and Midwestern United States from 1956 to 1990. The company's headquarters was in Framingham, Massachusetts....
discount department store chain. When Zayre sold their own nameplate to Ames, a rival discount department store, Zayre was renamed as "TJX Companies, Incorporated"
T.J. Maxx also operates in the
United KingdomThe United Kingdom of Great Britain and Northern Ireland is a sovereign state located off the northwestern coast of continental Europe. It is an island country, spanning an archipelago including Great Britain, the northeastern part of Ireland, and many small islands...
,
Republic of IrelandIreland is a country in north-western Europe. The modern sovereign state occupies about five-sixths of the island of Ireland, which was partitioned on 3 May 1921. It is a parliamentary democracy and a republic...
, and
GermanyGermany , officially the Federal Republic of Germany , is a country in Central Europe. It is bordered to the north by the North Sea, Denmark, and the Baltic Sea; to the east by Poland and the Czech Republic; to the south by Austria and Switzerland; and to the west by France, Luxembourg, Belgium,...
under the name "
T.K. MaxxT.K. Maxx is the only 'off-price' retailer in Europe with stores throughout the United Kingdom, Republic of Ireland and Germany. The company is part of the TJX Companies which also owns other 'off-price' retail chains such as T.J. Maxx and Marshalls in the United States...
". The first store opened in 1994 in
BristolBristol is a city, unitary authority area and ceremonial county in South West England, west of London, and east of Cardiff.With an estimated population of 416,400 for the unitary authority in mid-2007, and a surrounding urban area with an estimated 561,500 residents, it is England's sixth, and...
. Between 1999 and 2001 T.K. Maxx had three stores in The Netherlands but those locations were unsuccessful and were closed.
On March 31, 2008, T.J. Maxx launched the What's In community. This site allows users to send and receive alerts via email or text message when their favorite brands are spotted in their local T.J. Maxx stores. Users can also post pictures and create polls featuring their latest fashion finds.
Data theft
- See detailed article International credit card data theft
Credit card data theft is often a crime of international scope.The cost of credit card fraud reaches into billions of dollars annually. In 2006, fraud in the United Kingdom alone was estimated at £535 million, or US$750–830 million at prevailing 2006 exchange rates.-Alleged theft of data for 130...
In 2007, the company disclosed a computer security breach dating to 2005. Hackers gained access to information on more than 45 million credit and debit card accounts for transactions since January 2003.
The T.J Maxx Corporation was hit with a lawsuit by the Massachusetts Bankers Association and co-plaintiffs including Maine and Connecticut Associated Banks for the data theft. The security breach is the largest customer data breach on record. As a class-action lawsuit the company was sued for tens of millions of dollars.
Charity work
Every year, T.J. Maxx supports the
Save the ChildrenSave the Children is an international organisation helping children in need around the world. First established in the United Kingdom in 1919, separate national organisations have been set up in more than twenty-eight countries, sharing the aim of improving the lives of children through education,...
campaign and each store adopts a child to help support. In 2005, they raised over $1.25 million. The “Happy Hearts” initiative launched in 2000 has raised over $4.3 million to support U.S. children and families in need.
External links