Who Owns HomeGoods?
HomeGoods is owned by The TJX Companies, Inc., the Framingham, Massachusetts off-price retail giant that launched the chain in 1992 and acquired it fully through the TJ Maxx corporate structure. Headquartered under TJX's Marmaxx division, HomeGoods operates roughly 900 U.S. stores selling discounted home decor, furniture, bedding, kitchenware, and seasonal goods.
Parent Company
Founded
1992
Status
Private
Headquarters
HomeGoods Timeline
Who Owns HomeGoods?
- Parent Company: The TJX Companies, Inc.
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: NYSE: TJX
| Brand | Parent Company | Ownership Type |
|---|---|---|
| HomeGoods | The TJX Companies, Inc. | Brand division |
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History of HomeGoods
- Founded: 1992
- Founders: The TJX Companies, Inc.
TJX launched HomeGoods in 1992 as a home-furnishings counterpart to its apparel banners, opening the first stores in the Northeast and expanding nationally through the 1990s. The concept applied the company's opportunistic buying model, purchasing closeouts, overruns, and cancelled orders at deep discounts, to categories that had never had a dedicated off-price retailer.
The timing proved right. Department stores were retreating from hardlines home categories, and consumers responded to the treasure-hunt format that made every visit different. Store count grew steadily through the 2000s, reaching roughly 400 by 2010.
The 2010s brought the chain's biggest expansion phase. As TJX leaned into home as a growth category, HomeGoods added stores aggressively, passing 800 locations by 2020 and approaching 900 by 2026. Sister banner HomeSense, launched in 2017, provided a complementary larger-format store carrying furniture and big-ticket items HomeGoods had always lacked.
The brand's merchandising has remained remarkably consistent: rotating assortments of brand-name and off-brand home decor, kitchenware, bedding, bath, pet accessories, and seasonal merchandise at 20 to 60 percent below conventional retail, with no e-commerce. The treasure-hunt model that makes the stores work has never translated online, and TJX closed the small homegoods.com experiment it tried in 2023.
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About The TJX Companies, Inc.
What does TJX own?
TJX owns seven retail banners: T.J. Maxx, Marshalls, HomeGoods, HomeSense, and Sierra in the United States; Winners, HomeSense, and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia. It does not own the fashion brands it sells, which are sourced from more than 21,000 vendors.
Is TJX publicly traded?
Yes. The TJX Companies trades on the New York Stock Exchange under ticker TJX and is a component of the S&P 500. It has been listed since its predecessor Zayre Corp. went public decades ago, operating under the TJX name since 1989.
Who founded TJX?
The T.J. Maxx concept was created in 1977 by Bernard Cammarata inside Zayre Corp., a discount chain founded in 1956 by brothers Max and Morris Feldberg. After Zayre sold its department stores in 1988, the remaining company renamed itself The TJX Companies in 1989 with Cammarata as CEO.
Where is TJX headquartered?
TJX is headquartered in Framingham, Massachusetts, in the Boston metropolitan area, where the company has been based since its Zayre origins. Its buying and management operations for the U.S. business are concentrated there.
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How many brands does TJX own?
TJX operates seven store banners: T.J. Maxx, Marshalls, HomeGoods, Sierra, HomeSense, Winners, and TK Maxx, with Homesense as the European spelling of the home banner. The count is deliberately small since each banner covers a broad merchandise mix rather than a narrow brand.
Who owns TJX?
TJX is owned by public shareholders with no controlling owner. The largest holders are institutional investors such as Vanguard, BlackRock, and State Street. Ernie Herrman serves as chairman and chief executive officer.
- Founded: 1977
- Headquarters: Framingham, Massachusetts, USA
- Company Type: Publicly Traded
- Stock: NYSE: TJX
- Revenue: $60.4 billion (FY2026, ended January 31, 2026)
- Employees: Approximately 350,000
Where Is HomeGoods Made / Based?
- Headquarters: Framingham, Massachusetts, USA
- Manufacturing / Operations: China, India, Vietnam, Turkey
HomeGoods Categories & Tags
HomeGoods Recalls & Controversies
HomeGoods' controversies are minimal. The brand's model of selling others' merchandise insulates it from product-liability exposure that would attach to a manufacturer, though it has faced occasional recalls on furniture and decor items sold in its stores, processed through standard CPSC recall channels.
The most visible criticism attached to the brand is the same treasure-hunt model that drives its success: the constantly rotating assortment means customers cannot rely on finding items, and the absence of e-commerce frustrates shoppers accustomed to online availability. These are format complaints rather than scandals.
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Brands Owned by The TJX Companies, Inc.
Retail EcommerceMarshalls
Owned by The TJX Companies, Inc.
Off-price department store chain selling brand-name apparel, footwear, and home goods at discounts, owned by TJX Companies since 1995.
off-priceappareldiscount-retail
Retail EcommerceT.J. Maxx
Owned by The TJX Companies, Inc.
T.J. Maxx is the flagship off-price apparel and home fashions banner of The TJX Companies, with roughly 1,300 U.S. stores selling brand-name goods at discount prices.
off-priceappareldiscount-retail
HomeGoods Ownership: Pros & Cons
Advantages
- +World's largest off-price retailer's buying scale
- +Shared Marmaxx infrastructure reduces operating costs
- +Effectively the only national off-price home chain
- +Treasure-hunt model drives traffic without e-commerce investment
- +Home category is TJX's fastest-growing segment
Considerations
- -No e-commerce limits reach to store footprint
- -Rotating assortment means inconsistent product availability
- -Home category vulnerable to housing market slowdowns
- -Success depends entirely on TJX's opportunistic buying relationships
- -Cannot stock reliable assortments for repeat-purchase items
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Frequently Asked Questions About HomeGoods
Sources & Further Reading
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Competitors to HomeGoods
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Wayfair | USA | 2007 | Mass market | United states | All Genders | |
| Qvc Group | USA | 1982 | Mass market | United states | All Genders | |
| Meredith Corporation | USA (Dotdash Meredith) | 1922 | Mass market | United states | All-ages | |
| Variety Wholesalers | USA (original founding) | 1967 | Mass market | United states | All-ages | |
| Wayfair | USA | 2014 | Premium | United states | All Genders | |
| Crate And Barrel | USA | 2000 | Premium | United states | All Genders |
Learn More About Competitors
Retail EcommerceAllModern
Owned by Wayfair Inc.
Contemporary furniture and decor brand owned by Wayfair Inc., targeting modern design shoppers at accessible price points.
furnituremodern-designhome-decor
Furniture AppliancesBallard Designs
Owned by QVC Group, Inc.
The home furnishings catalog and e-commerce brand of QVC Group's Cornerstone Brands portfolio.
furniturehome-decorcatalog
Household Consumer GoodsBetter Homes & Gardens
Owned by Dotdash Meredith (IAC)
Licensed home goods brand available exclusively at Walmart, offering stylish furniture, decor, kitchenware, and garden products inspired by the iconic lifestyle magazine.
home-decorfurniturekitchenware
Retail EcommerceBig Lots
Owned by Variety Wholesalers, Inc.
American discount retail chain offering furniture, home décor, seasonal items, and general merchandise.
discount-retailfurniturehome-decor
Retail EcommerceBirch Lane
Owned by Wayfair Inc.
Wayfair's classic-style home furnishings banner, launched in 2014 for traditional furniture and decor shoppers and expanded to physical retail.
furniturehome-decortraditional-style
Furniture AppliancesCB2
Owned by Crate and Barrel Holdings
Modern furniture and home decor brand of Crate and Barrel Holdings, part of Germany's Otto Group, with roughly two dozen stores in the US and Canada.
furniturehome-decormodern-design
Competitive Analysis
Market Positioning: HomeGoods competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to HomeGoods
Looking for brands with different ownership structures? These similar brands are not owned by The TJX Companies, Inc., giving you alternative choices that support different corporate structures.
Retail EcommerceAmazon
Owned by Amazon.com Inc.
American e-commerce marketplace launched in 1995 by Jeff Bezos. The flagship retail brand of Amazon.com Inc. and the largest online retailer in the United States.
ecommerceonline-marketplaceretail
Publicly Traded
Amazon operates independently without a large parent corporation.
Retail EcommerceARKO
Owned by ARKO Corp
ARKO is the flagship brand of ARKO Corp, the convenience store operator running more than 1,100 stores under 25-plus regional banners through GPM Investments.
convenience-storesfuelretail
Publicly Traded
ARKO operates independently without a large parent corporation.
Retail EcommerceBest Buy
Owned by Best Buy Co., Inc.
American consumer electronics retail brand owned by Best Buy Co., Inc., the largest consumer electronics retailer in the United States with over 1,000 stores across North America.
electronics-retailconsumer-electronicsretail
Publicly Traded
Best Buy operates independently without a large parent corporation.
Retail EcommerceBig Lots
Owned by Variety Wholesalers, Inc.
American discount retail chain offering furniture, home décor, seasonal items, and general merchandise.
discount-retailfurniturehome-decor
Privately Owned
Big Lots is owned by Variety Wholesalers, Inc., a private company, a different structure than HomeGoods's parent.
Retail EcommerceBooks-A-Million
Owned by Books-A-Million, Inc.
Second-largest bookstore chain in the United States, founded in 1917 and privately owned by the Anderson family, operating roughly 260 stores in 32 states.
bookstoresretailfamily-owned
Privately Owned
Books-A-Million operates independently without a large parent corporation.
Retail EcommerceBoxed
Owned by Boxed
Online bulk essentials retailer founded in 2013, relaunched in 2024 under MSG Distributors after the original company's 2023 bankruptcy.
ecommercewholesalebulk-retail
Privately Owned
Boxed operates independently without a large parent corporation.
The TJX Companies, Inc. Stock Information
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Jobs at The TJX Companies, Inc.
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