There’s no denying the fact that TJ Maxx and Marshalls are two of the most popular off-price retailers in the United States. Both stores offer designer brands and name-brand merchandise at a fraction of the regular retail price. But are TJ Maxx and Marshalls the same company?
The simple answer is no, TJ Maxx and Marshalls are not the same company. TJ Maxx is owned by TJX Companies, while Marshalls is owned by The TJX Companies, Inc. However, both retailers are part of the same family of companies, which also includes HomeGoods, Sierra Trading Post, and Winners.
TJX Companies was founded in 1976, when Bernard Cammarata created TJ Maxx as a division of Zayre Corporation. Zayre was a discount department store chain that operated in the eastern United States. When Zayre Corporation filed for bankruptcy in 1990, TJX Companies was spun off as an independent company.
In 1991, The TJX Companies acquired Marshall’s, and the two retailers have been operated as separate entities ever since.
So what exactly are the differences between TJ Maxx and Marshalls? For starters, TJ Maxx typically carries a more diverse range of merchandise than Marshalls. You’ll find everything from clothing and shoes to home goods and accessories at TJ Maxx, while Marshalls focuses primarily on clothing and footwear. Additionally, TJ Maxx stores are usually larger than Marshalls stores.
When it comes to price, there isn’t really much difference between the two retailers. However, you may find slightly lower prices at Marshalls due to the fact that they don’t offer as many promotions and discounts as TJ Maxx does.
Are TJ Maxx and Marshalls the Same Company?
Conclusion:
No, TJMaxx and Marshalls are not the same company but they are part of the same family of companies which was founded in 1976 by Bernard Cammarata.