T.J. Maxx Closes Three U.S. Stores, Two Earlier Closures Impact Workers
SOURCENews reportView the filing ↗
What we know
Location: Boston, MA and Silver Spring, MD.
Based on news reporting.
Summary
T.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.
TJ Maxx cut 177 jobs in MD.
That is roughly 0.1% of the 325,000 people TJ Maxx employs.
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