240:
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370:, making it the largest security breach in history at the time. According to the company, this affected customers who used their card between January 2003 and June 2004 at any branch of TJ Maxx. Details were stolen by hackers installing software via Wi-Fi in June 2005 that allowed them to access personal information on customers. The breach continued until January 2007.
345:
stated that "the quicker inventory turn and the sense that an item on a rack might not be there the following week at a TJ Maxx or a
Marshalls has led to a boom in this area of retail and made such stores a rarity in the business: shoppers are coming to stores."
219:
operate as sister stores, and share a similar footprint throughout the country. While their prices are nearly identical and they have similar store layouts, TJ Maxx has a more upscale appearance than
Marshalls and typically sells a larger range of fine
317:
worst nightmare" in a 2016 article by
Mallory Schlossberg. In a later article Schlossberg also reported on how TJ Maxx's soaring sales "should be concerning for ailing department stores that are fighting to get people to pay full price." As
212:. It sells men's, women's and children's apparel and shoes, toys, bath and beauty products, accessories, jewelry, and home products ranging from furniture and decor to housewares and kitchen utensils.
271:, a rival discount department store, in September 1988. In December, Zayre announced a restructuring plan for the company and was renamed as TJX Companies, Incorporated. TJX bought Marshalls in 1995.
403:
The TJ Maxx
Corporation was sued by the Massachusetts Bankers Association and co-plaintiffs including Maine and Connecticut Associated Banks for the data theft. In March 2010, computer hacker
396:
Eleven people from around the world were charged with the breach in 2008. In 2007, outside security provider
Protegrity estimated that TJ Maxx's losses as a result of the
267:, so Zayre hired Cammarata, who had been Marshalls' head of merchandising, to create a rival chain. The concept proved so successful that Zayre sold its namesake chain to
322:
retailers became an increasing threat to traditional department stores, signaling a change in consumer buying habits, TJ Maxx's revenue grew to surpass that of Macy's.
208:
chain. It has more than 1,000 stores in the United States, making it one of the largest clothing retailers in the country. TJ Maxx is the flagship chain of the
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might reach £800 million in the following years, as a result of paying for credit checks and administrative costs for managing the fallout from the breach.
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was sentenced to 20 years in federal prison after confessing to stealing credit and debit card details from a number of companies, including TJ Maxx.
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Clothing, footwear, accessories, jewelry, beauty products, bedding, bath, furniture, home decor, housewares, toys, and giftware
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289:, the range of items was later expanded to include clothing, shoes, jewelry, other accessories, and some home goods.
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624:"The TJX Companies, Inc. Reports In-Line November 2006 Sales; Repositions A.J. Wright Division for Future Growth"
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accounts used on transactions since
January 2003. This exposed more than 100 million customers to potential
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This article is about the
American brand owned by TJX. For the international brand owned by TJX, see
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228:. Some higher-volume stores have a high-end designer department called The Runway.
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In 2007, the company disclosed a computer security breach dating back to 2005:
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598:"TJX Annual Report (Regulation S-K, item 405) (10-K405) ITEM 1. BUSINESS"
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296:. The name was modified to avoid confusion with the British retail chain
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Richards, Jonathan; Seib, Christine; Brown, David (March 30, 2007).
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300:. The European headquarters are based in Watford, Hertfordshire.
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American discount department store chain owned by TJX Companies
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743:"Macy's takes on T.J. Maxx with new, smaller discount stores"
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are, as a percentage of sales, about half those of Macy's or
256:
514:"Ernie Herman, TJX Companies, Inc: Profile and Biography"
485:"TJX Companies' number of stores by brand globally 2021"
761:"Why "off-price" shops are trouncing department stores"
1042:
672:"First look inside retailer's new £93m headquarters"
274:
In the fall of 1998, TJ Maxx opened the store chain
1003:"T.J.Maxx hacker sentenced to 20 years in prison"
872:
797:"T.J. Maxx Demolished Macy's During the Holidays"
373:Affected TJX stores included TJ Maxx, Marshalls,
1202:
928:"TJ Maxx owner: 45.7m accounts were compromised"
875:"Millions are caught in great credit card heist"
815:"T.J. Maxx data theft worse than first reported"
841:"Privacy Rights Clearinghouse - Data Breaches"
465:List of department stores of the United States
303:
292:Outside of North America, TJ Maxx is known as
1065:
980:"T.J. Maxx data breach costs could hit £800m"
1231:Companies based in Framingham, Massachusetts
902:"Wi-Fi hack caused TJ Maxx security breach"
703:
231:The CEO of TJX Companies is Ernie Herrman.
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616:
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860:"5 of the biggest-ever credit card hacks"
723:Gustafson, Krystina (December 11, 2015).
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647:"Discount fashion: Taking it to the Maxx"
278:. This chain was closed in January 2007.
263:. Zayre had tried but failed to purchase
925:
858:Pepitone, Julianne (December 19, 2013).
857:
644:
238:
1226:Clothing retailers of the United States
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951:
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725:"TJ Maxx is beating Macy's in this way"
704:Schlossberg, Mallory (August 4, 2016).
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358:had gained access to information about
1236:Department stores of the United States
1203:
1053:
1246:Retail companies established in 1976
1241:Discount stores of the United States
1211:1976 establishments in Massachusetts
1001:McCullagh, Declan (March 25, 2010).
590:
567:
565:
542:"TJX Companies: Company of the Year"
531:
423:The name is sometimes punctuated as
687:"TJ Maxx is Macy's worst nightmare"
645:Thompson, James (August 19, 2009).
13:
1043:The TJX Companies official website
626:. Business Wire. November 30, 2006
501:, The TJX Companies, Inc., undated
14:
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926:Kawamoto, Dawn (March 30, 2007).
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978:John E., Dunn (June 12, 2007).
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706:"TJ Maxx should terrify Macy's"
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573:"Zayre to become TJX Companies"
389:stores in Canada, and possibly
281:In March 2009, TJX launched an
255:, by Bernard Cammarata and the
251:TJ Maxx was founded in 1976 in
638:
600:. Edgar Online. Archived from
506:
503:. Retrieved November 28, 2015.
491:
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393:stores in the UK and Ireland.
1:
1216:1987 mergers and acquisitions
954:"Alleged TJX hackers charged"
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349:
900:Espiner, Tom (May 7, 2007).
331:, "the overheads at TJX and
285:site. At first only selling
7:
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304:Comparison with competitors
94:; 48 years ago
10:
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261:discount department stores
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1221:Arts and crafts retailers
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253:Framingham, Massachusetts
206:discount department store
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685:Schlossberg, Mallory.
381:in the United States,
313:described TJ Maxx as "
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242:
1146:BJ's Wholesale Club
128:Number of locations
30:
1013:on August 25, 2013
785:. January 9, 2016.
767:. January 7, 2016.
604:on October 1, 2007
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28:
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982:. ComputerworldUK
845:privacyrights.org
245:Plankinton Arcade
204:) is an American
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114:Bernard Cammarata
49:TJ Maxx store in
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1009:. Archived from
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550:. May 20, 1997
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1174:Trade Secret
1151:Bob's Stores
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1015:. Retrieved
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823:. Retrieved
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602:the original
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326:
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298:T. J. Hughes
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247:in Milwaukee
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215:TJ Maxx and
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197:
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138:Areas served
119:Headquarters
59:Company type
25:
630:January 20,
608:January 21,
450:Ross Stores
398:data breach
276:A.J. Wright
226:accessories
53:, Manhattan
1205:Categories
1183:Key people
1165:StyleSense
471:References
455:Burlington
364:debit card
350:Data theft
283:e-commerce
148:Key people
63:Subsidiary
1105:Marshalls
1100:HomeSense
1095:HomeGoods
879:The Times
518:Bloomberg
499:T.J. Maxx
425:T.J. Maxx
387:HomeSense
375:HomeGoods
337:Nordstrom
320:off-price
265:Marshalls
259:chain of
217:Marshalls
1161:The Maxx
1156:HomeBase
1141:AJWright
986:June 25,
885:June 25,
881:. London
819:NBC News
439:See also
429:T.J.Maxx
287:handbags
202:T•J•maxx
164:Products
69:Industry
1125:Winners
1115:TK Maxx
1110:TJ Maxx
1017:July 4,
801:Fortune
747:Fortune
582:May 23,
523:May 10,
460:TK Maxx
391:TK Maxx
383:Winners
342:Fortune
294:TK Maxx
235:History
222:jewelry
198:TJ Maxx
186:Website
111:Founder
97: (
89:Founded
29:TJ Maxx
21:TK Maxx
1120:Sierra
862:. CNN.
554:May 2,
360:credit
315:Macy's
173:Parent
73:Retail
1169:Zayre
958:ZDNet
932:ZDNet
906:ZDNet
411:Notes
368:fraud
257:Zayre
132:1,271
79:Genre
1019:2010
1007:CNET
988:2007
965:2009
939:2009
913:2009
887:2007
827:2009
729:CNBC
658:2009
632:2007
610:2007
584:2019
556:2020
525:2022
385:and
362:and
333:Ross
269:Ames
224:and
99:1976
92:1976
577:UPI
427:or
339:".
156:CEO
103:in
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
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