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  • Previous Rank321
  • Country
    U.S.
  • Revenues ($M)$38,972.90
  • Revenue Percent Change8.7%
  • Profits ($M)$3,059.80
  • Profits Percent Change17.3%
  • Assets ($M)$14,326.00
  • Employees270,000

The parent company of Marshalls, T.J. Maxx, and HomeGoods enjoys creating a “treasure hunt” experience in its more than 4,300 locations around the world—encouraging customers to search through racks of clothing and home goods (supplied by a total of 21,000 vendors) to find the ideal bargain item. This strategy appears to be working, considering that TJX has delivered same-store sales growth for 23 consecutive years. The company reported $39 billion in revenue for 2018, up nearly 9% from 2017. CEO Ernie Herrman said the company would launch an e-commerce platform for Marshalls, which currently doesn’t sell goods online, later this year.

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Company Information

CEO
Ernie L. Herrman
Sector
Retailing
Industry
Specialty Retailers
HQ Location
Framingham, Mass.
Websitehttps://www.tjx.com
Years on Global 500 List18
Employees270,000
Figures are for fiscal year ended Jan. 31, 2019.

TJX Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$38,972.908.7%
Profits ($M)$3,059.8017.3%
Assets ($M)$14,326.00-
Total Stockholder Equity ($M)$5,048.60-

Profit Ratios

Profit as % of Revenues7.9%
Profits as % of Assets21.4%
Profits as % of Stockholder Equity60.6%