TJX Companies

Sector: Consumer Cyclical

Industry: Apparel Retail

The TJX Companies Inc. is a firm that specializes in the manufacture of off-price apparel and home fashion products. Its operations are divided into the following segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company is headquartered in Framingham, Massachusetts. It was founded by Bernard Cammarata in 1976 and was formed as a subsidiary of Zayre Corp. in 1987, after which it was legally recognized as the successor to Zayre Corp. following a company reorganization in 1989. It operates more than 4,500 discount stores in its portfolio located in nine countries. The company has been ranked in the top 100 of the Fortune 500 list of the largest US corporations by revenue.