TJ Maxx is a department store chain that is part of the TJX Companies, which also owns Marshalls, HomeGoods, and Sierra Trading Post. TJ Maxx has over 1,000 stores in the United States and Canada.
TJ Maxx buys its merchandise from over 13,000 vendors in more than 60 countries. The company does not own any manufacturing facilities itself.
Most of the merchandise sold by TJ Maxx is first bought by TJX Companies’ off-price buying offices in Hong Kong, London, and Germany. These offices purchase merchandise from vendors at prices below normal wholesale costs. The merchandise is then shipped to TJ Maxx stores in the United States, where it is sold to customers at prices that are still below normal retail prices.
The company’s focus on low prices has made it a popular destination for bargain shoppers. However, some critics have accused TJ Maxx of selling counterfeit goods. In 2012, the company agreed to pay a $500,000 fine to settle charges brought by the U.S. Department of Justice that it had sold counterfeit designer handbags.
Despite these occasional controversies, TJ Maxx remains a popular store for shoppers looking for good deals on clothing, home decor, and other items.
