Our Company roots date back more than 40 years. In 1976, Bernard (Ben) Cammarata, General Merchandising Manager of Marshalls at the time, was recruited by discount retailer, Zayre Corp.,1 to develop and spearhead the launch of a new off-price chain selling family apparel and home fashions. Under Mr. Cammarata’s leadership, T.J. Maxx was born, with its first stores opening in 1977. In the late 1980s, Zayre was restructured and spun off three of its brands — T.J. Maxx, Hit or Miss, and Chadwick’s of Boston — which served as the initial retail banners of what would become The TJX Companies, Inc. TJX continued to grow steadily over the years, opening stores in new markets, countries, and continents, launching new chains, and acquiring other retailers, to bring its popular off-price model to an even wider network of customers who love our eclectic mix of quality, fashionable, brand name apparel and home fashions, all at amazing value. After nearly 40 years of service to the Company, Mr. Cammarata retired from his position as Chairman of the Board in June 2015 and remains with TJX in an advisory role as Founder and Executive Advisor.
The TJX Companies, Inc. (NYSE: TJX), the leading off-price apparel and home fashions retailer in the U.S. and worldwide, was ranked 80 in the 2020 Fortune 500 company listings and operates four major divisions: Marmaxx, HomeGoods, TJX Canada, and TJX International (comprised of Europe and Australia). As of February 1, 2020 (the end of the fiscal year), TJX’s annual sales were nearly $42 billion, and the Company operated more than 4,500 stores in nine countries, across three continents, as well as four e-commerce businesses.