TJ Maxx
The TJX Companies, Inc. is an off-price apparel and home fashions retailer operating retail chains including T.J. Maxx, Marshalls, HomeGoods, Sierra, and Homesense. The company purchases brands and merchandise opportunistically and sells them at lower prices through a rapidly changing mix of goods across its global store base and e-commerce platforms.
Layoff timeline
1 EVENTT.J. Maxx is closing three stores in the U.S. this year while continuing to expand its overall footprint. The article reports that two TJ Maxx store closures earlier this year resulted in worker losses: a Newbury Street flagship in Boston that closed on January 5 and — per a Massachusetts WARN notice — affected 117 workers, and a Silver Spring store at Ellsworth Place whose closure affected about 60 workers. The three stores announced as closing this year are in Boston, MA and two locations in Maryland, though no dates were provided for those closures. Company executives said store closings reflect strategic location selection amid high costs and low foot traffic, and TJX is still opening more stores overall and planning further expansion.
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