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.

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.

The corporate lineage starts with Zayre Corp., a discount department store chain founded in 1956 in the Boston area by Max Feldberg and Morris Feldberg. Zayre bought the junior department store chain Marshalls in 1976 and, a year later, launched T.J. Maxx under executive Bernard Cammarata as a store selling brand-name fashion at discount prices. T.J. Maxx proved more durable than the Zayre format itself.

In 1988 Zayre sold its namesake department stores to rival Ames and reorganized around its off-price banners. The company renamed itself The TJX Companies in 1989, and Cammarata became its long-serving chief executive. The renamed company went on an acquisition and launch streak: Winners, the Canadian off-price chain, in 1990; HomeGoods launched in 1992; and the 1994 acquisition of Britain's TK Maxx, which had been started in the same year under a name changed from T.J. Maxx to avoid confusion with the unrelated British retailer T.J. Hughes.

Through the 2000s TJX grew steadily, adding HomeSense in Canada in 2001 and expanding TK Maxx across continental Europe and later Australia in 2017. It acquired outdoor and sporting goods discounter Sierra Trading Post in 2012, rebranded as Sierra, and launched HomeSense in the United States in 2017. An attempt at online selling has come and gone; TJX runs only modest e-commerce, betting that treasure-hunt shopping keeps customers in stores.

Cammarata handed the CEO role to Ernie Herrman in 2016 after a planned succession. Under Herrman the company navigated the 2020 pandemic store closures, a fast rebound, and persistent market share gains as consumers traded down during inflation. In the fourth quarter of fiscal 2026 TJX recognized a $470 million gain from settling credit card interchange litigation as a plaintiff, a one-time lift to an already strong year.

Fiscal 2026 closed on January 31, 2026 with net sales of $60.4 billion, comparable sales up 5 percent, and pretax margin of 12.1 percent. The company returned $4.3 billion to shareholders and guided fiscal 2027 sales to $62.7 billion to $63.3 billion with a 13 percent dividend increase and a $2.5 billion to $2.75 billion buyback.

TJX's most notorious episode remains the 2005 to 2007 data breach disclosed in January 2007, one of the largest retail breaches of its era. Attackers accessed tens of millions of credit and debit card numbers; the company settled with Visa, banks, and 41 state attorneys general for a combined cost well above $200 million, and it became a landmark case in retail cybersecurity.

Labor practices draw periodic scrutiny typical of a large retailer relying on part-time staffing, and TJX, like peers, has faced wage and scheduling litigation in various states. More recently the company has been named in the broader debate over returns fraud and organized retail crime, though it reported shrink actually improving to pre-pandemic levels in fiscal 2026.