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  • Previous Rank
    321
  • Revenues ($M)
    $38,972.90
  • Revenue Percent Change
    8.7%
  • Profits ($M)
    $3,059.80
  • Profits Percent Change
    17.3%
  • Assets ($M)
    $14,326.00
  • Employees
    270,000

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.

Company Information

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

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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%