Individual Unit Costs
- Initial Investment: $99,000-$151,000
- Initial Franchise Fee: $25,000
- Royalty Fee:
- Advertising Fee:
Full Answer
What is the difference between Homegoods and TJ Maxx?
How many TJ Maxx stores are there?
How long did the TJ Maxx data breach last?
Where does TJ Maxx operate?
Is TJ Maxx a discount store?
Is TJ Maxx the flagship store?
Did TJ Maxx get a data breach?
See 4 more
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Can you franchise Marshalls?
How much does a Marshall Face2Face franchise cost? Marshall Face2Face has a franchise fee of up to $25,000, with a total initial investment range of $36,840 to $43,840.
Who owns TJ Maxx?
TJX CompaniesTJ Maxx / Parent organizationIn 1987, Zayre forms a new entity called The TJX Companies, Inc., with T.J. Maxx, Hit or Miss, and Chadwick's of Boston as the initial retail banners. Following Zayre's reorganization in 1989, TJX becomes the successor company with Ben Cammarata serving as Chief Executive Officer and President.
How much revenue does TJ Maxx make?
TJX revenue for the quarter ending July 31, 2022 was $11.843B, a 1.94% decline year-over-year. TJX revenue for the twelve months ending July 31, 2022 was $49.636B, a 14.83% increase year-over-year....Compare TJX With Other Stocks.TJX Annual Revenue (Millions of US $)2020$41,7172019$38,9732018$35,8652017$33,18410 more rows
How much is TJ Maxx worth?
TJX ranked No. 97 in the 2021 Fortune 500 list of the largest United States corporations by total revenue....TJX Companies.FormerlyZayre Corp.Total assetsUS$14.326 billion (2018)Total equityUS$5.05 billion (2018)Number of employees270,000 (2018)17 more rows
What does a blue tag at T.J. Maxx mean?
The white tag indicates the regular price of an item, the red tag signifies the clearance price, while the yellow tag shows the final clearance price which will give you the best bargain. A blue tag, on the other hand, means the item has another piece that goes with it.
Which is better Ross Marshalls or T.J. Maxx?
Because T.J. Maxx buys from higher-end boutiques and manufacturers (including designers), you'll find more and better brands there. Ross buys from less-expensive stores to begin with. Think middle-level department stores, like JCPenney.
Why is TJX stock dropping?
Yet that's not the only pressure TJX faces: Labor is getting more costly with higher wages at peers and a potential increase in the federal minimum wage, shipping-freight prices are higher, Covid-related costs may linger, and the company is dealing with the costs of mandated store closures in Europe and Canada.
Where do TJ Maxx get their merchandise?
According to the TJ Maxx website, the retailer sources inventory from “a wide variety of opportunities, which can include department store cancellations, a manufacturer making up too much product, or a closeout deal when a vendor wants to clear merchandise at the end of a season.” Discount stores, on the other hand, ...
How is TJ Maxx doing financially?
Net sales at the T.J. Maxx parent fell to $11.8 billion in the second quarter from $12.08 billion a year earlier, missing analyst expectations of $12.05 billion, according to Refinitiv IBES data. Excluding items, TJX earned 69 cents per share, compared with market estimates of 66 cents.
Why is TK Maxx so cheap?
Our buyers are opportunistic and entrepreneurial. So when a designer overproduces, or other stores overbuy, we swoop in, negotiate the lowest possible price and pass the savings on.
Is TJ Maxx or Marshalls cheaper?
Some shoppers believe that the merchandise at T.J. Maxx is better than what they can find at Marshalls. Other shoppers feel that they find cheaper prices at Marshalls. However, it all depends on what a person is shopping for.
Is TJ Maxx cheaper than Amazon?
In a comparison of six identical, or nearly identical, products on TJ Maxx.com and the recently launched Marshalls.com, Bernstein found that pricing on Amazon was 77% higher than TJX, thus "affirming our belief that consumers that are primarily searching for value would do best by shopping at the traditional off-price ...
Are TJ Maxx and Ross owned by the same company?
Ross Stores, Inc. is an American chain of off-price department stores headquartered inPleasanton, California,[4] operating under the name Ross Dress for Less. It is the third largest off-price retailer in the United States, behind T.J. Maxx and Marshalls, both of which are owned by TJX Companies.
Who owns TJX Companies?
TJX Companies Inc (NYSE:TJX) Institutional investors hold a majority ownership of TJX through the 93.28% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Apparel/Footwear Retail industry.
Who owns Zayre Corp?
ZayreFinal Zayre logo, used from 1978 to 1990TypeDepartment storeFateAcquired by Ames and BJ's Wholesale Club acquired by Waban Inc.SuccessorTJX CompaniesHeadquartersFramingham, Massachusetts6 more rows
Is Marshalls and Burlington owned by the same company?
TJX Companies (TJX), the parent of TJ Maxx, Marshalls, and HomeGoods, is opening 238 stores this year, and Burlington Stores (BURL) is opening up to 40.
What does the TJ in TJ Maxx stand for? : r/NoStupidQuestions - reddit
My wife just got back from shopping at TJ Maxx, so I jokingly asked her “how was your trip to Thomas Jonathan Maxx?” So she said “that’s not what it stands for” so we went to look it up, and I’m not finding any info.
8 Things You Know If You Work At TJ Maxx
2. You Shop While You Work. When you work the sales floor the temptation is too real. You're grabbing things left and right to put on hold for yourself to buy at the end of your shift.
What is the difference between Homegoods and TJ Maxx?
The big difference is that HomeGoods doesn’t sell clothing, but they do sell all kinds of goods for the home as well as kitchen utensils and products for your pets. They also sell furniture. Some people consider their products to be a little more high-end and therefore, a little more expensive but they also have some exceptional sales on products that they’re trying to move. It’s at those times that you can get some great deals on high-end items without paying a lot of money for them.
How many TJ Maxx stores are there?
As a matter of fact, there are just a little over 1,200 stores operating currently. That’s a lot of stores and it represents a franchise that has managed to be very successful over the years. In addition, most of the TJ Maxx stores are either already updated or are scheduled to be updated, complete with a total remodel to provide more room for shopping and an environment more conducive to luring shoppers into the stores in the first place.
How long did the TJ Maxx data breach last?
The thing that really shocked most people is that the data breach lasted for two full years before anyone even discovered that it was going on. Obviously, during this time most of the people that were routine customers of TJ Maxx were adversely impacted. Even those who were only casual shoppers found that their information had been compromised as well. Furthermore, many people realized that their information had been compromised time and again and that since it had been going on for such a long time, there was a very real chance that their identity had been stolen without them knowing it. For some, the problem wasn’t discovered until they started noticing odd charges on their accounts or getting calls for collection on loans that they never applied for.
Where does TJ Maxx operate?
The company owns stores that operate in several countries throughout the world. While TJ Maxx primarily operates in the United States and Puerto Rico, the parent company that owns the stores operates in several countries throughout the world.
Is TJ Maxx a discount store?
Over the years, TJ Maxx has become one of the most prolific types of discount department stores in the entire country . That being said, most people don’t really know that much about the company, except for the fact that a lot of them like to shop there. If you really want to know more about their history and what they’re all about, ...
Is TJ Maxx the flagship store?
TJ Maxx stores are often considered the flagship for the parent company. Out of all the stores operated by this company, TJ Maxx is typically considered the flagship. That’s because they offer some of the more high-end items and some of their stores are even designed to be more upscale.
Did TJ Maxx get a data breach?
By and large, the company has always been seen in a positive light by the general public but that changed a few years ago when it was discovered that they were part of a massive data breach that went on for quite some time. This data breach affected of whopping majority of TJ Maxx customers and it went on for an exceptionally long time before anyone figured out what was happening. More on that will be discussed in the next paragraph.
How much does a The MAXX Fitness ClubZZ franchise make?
Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation.
How many franchise locations do they have?
As of the 2016 Franchise Disclosure Document, there are 47 franchised The MAXX Fitness ClubZZ locations in the USA.
Are there any The MAXX Fitness ClubZZ franchise opportunities near me?
Based on 2016 FDD data, The MAXX Fitness ClubZZ has franchise locations in 5 states. The largest region is the Northeast with 41 franchise locations.
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 30 hours. This includes 30 hours of classroom training. In their FDD they outline who’s in charge of the training. Unlock to find out more.
Do they offer Territory Rights?
The MAXX Fitness ClubZZ offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.
What is the difference between Homegoods and TJ Maxx?
The big difference is that HomeGoods doesn’t sell clothing, but they do sell all kinds of goods for the home as well as kitchen utensils and products for your pets. They also sell furniture. Some people consider their products to be a little more high-end and therefore, a little more expensive but they also have some exceptional sales on products that they’re trying to move. It’s at those times that you can get some great deals on high-end items without paying a lot of money for them.
How many TJ Maxx stores are there?
As a matter of fact, there are just a little over 1,200 stores operating currently. That’s a lot of stores and it represents a franchise that has managed to be very successful over the years. In addition, most of the TJ Maxx stores are either already updated or are scheduled to be updated, complete with a total remodel to provide more room for shopping and an environment more conducive to luring shoppers into the stores in the first place.
How long did the TJ Maxx data breach last?
The thing that really shocked most people is that the data breach lasted for two full years before anyone even discovered that it was going on. Obviously, during this time most of the people that were routine customers of TJ Maxx were adversely impacted. Even those who were only casual shoppers found that their information had been compromised as well. Furthermore, many people realized that their information had been compromised time and again and that since it had been going on for such a long time, there was a very real chance that their identity had been stolen without them knowing it. For some, the problem wasn’t discovered until they started noticing odd charges on their accounts or getting calls for collection on loans that they never applied for.
Where does TJ Maxx operate?
The company owns stores that operate in several countries throughout the world. While TJ Maxx primarily operates in the United States and Puerto Rico, the parent company that owns the stores operates in several countries throughout the world.
Is TJ Maxx a discount store?
Over the years, TJ Maxx has become one of the most prolific types of discount department stores in the entire country . That being said, most people don’t really know that much about the company, except for the fact that a lot of them like to shop there. If you really want to know more about their history and what they’re all about, ...
Is TJ Maxx the flagship store?
TJ Maxx stores are often considered the flagship for the parent company. Out of all the stores operated by this company, TJ Maxx is typically considered the flagship. That’s because they offer some of the more high-end items and some of their stores are even designed to be more upscale.
Did TJ Maxx get a data breach?
By and large, the company has always been seen in a positive light by the general public but that changed a few years ago when it was discovered that they were part of a massive data breach that went on for quite some time. This data breach affected of whopping majority of TJ Maxx customers and it went on for an exceptionally long time before anyone figured out what was happening. More on that will be discussed in the next paragraph.