Overview
T.J. Maxx is one of the largest off-price retailers in the United States, selling brand-name and designer apparel, accessories, home goods and beauty products at prices generally 20% to 60% below full-price retailers. It is the flagship banner of The TJX Companies, which also runs Marshalls, HomeGoods, Sierra, Winners in Canada and TK Maxx in Europe and Australia. For a brand, T.J. Maxx is a way to sell excess, end-of-season or opportunistic stock in large volumes without discounting in its own channels.
Who is behind T.J. Maxx
The TJX Companies is listed on the New York Stock Exchange and is the leading off-price retailer of apparel and home fashions in the US and worldwide. In fiscal 2026, which ended on 31.01.2026, TJX's net sales passed USD 60 billion for the first time, at USD 60.4 billion, up 7%, with comparable sales up 5%. TJX runs more than 5,200 stores in nine countries and has a long-term goal of about 7,000 stores. T.J. Maxx itself had 1,348 US stores at the end of the year.
Marmaxx, the US core
T.J. Maxx and Marshalls together form TJX's Marmaxx division, which had net sales of USD 36.6 billion in fiscal 2026, up 6%. Online sales through tjmaxx.com, marshalls.com and sierra.com make up only about 2% of Marmaxx sales, so this is mainly a store business. Marmaxx plans 45 net new stores in fiscal 2027.
How T.J. Maxx buys
T.J. Maxx does not run a marketplace. Its buyers purchase merchandise directly from brands, manufacturers and other retailers, and they shop a changing universe of about 21,000 vendors around the world, including thousands of new vendors each year. TJX's buying is opportunistic: it buys excess inventory, end-of-season goods and production made for it, and its stores turn inventory quickly so there is always something new to find. TJX says it does not ask vendors for typical retail allowances such as advertising or markdown support, and it pays promptly.
What a brand should think about
- Brand positioning. Selling off-price can protect a brand's full-price channels by moving surplus stock away from them, but it should fit the brand's pricing strategy.
- Volume and timing. Buyers look for good value on recognised brands, often in larger quantities and at short notice.
- US logistics. Goods are shipped to TJX's distribution centres, so a brand needs to meet its delivery and labelling requirements.
- Other markets. TJX's TK Maxx and Homesense banners also buy for Europe, which can be an outlet for European stock.
Why T.J. Maxx matters for brands
Off-price gives brands a fast, reliable way to clear surplus stock and reach millions of value-seeking shoppers, without running promotions on their own webshop or marketplaces.
How eBrands looks at T.J. Maxx
eBrands works with brands on marketplaces and retail channels across Europe and North America, and inventory planning is part of that work. If you want to see how an off-price channel like T.J. Maxx could fit your plans, we are happy to talk it through.
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