Founded as TJ Maxx in the US in 1976, UK subsidiary TK Maxx and sister company HomeSense are owned by US-based TJX Companies, the world’s largest off-price clothing and homewares retailer. TK Maxx stocks branded men’s, women’s and children’s clothing, footwear, lingerie and accessories, as well as homewares, luggage and toys. Some stores feature Modbox, a department specifically geared towards younger customers, and Gold Label, which features high-end designer labels. The HomeSense product offer comprises home basics and an eclectic range of furniture and decorative products for home and garden. Retail Week provides news, analysis, features and opinion about TK Maxx and the fashion sector.
TK Maxx’s parent company TJX has reported that the group has “exceeded guidance” as store sales perform better than expected.
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