|Bob's Stores: Division of The TJX Companies Inc. - company profile on Apparel Search|
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Bob's Stores, which was acquired by TJX in 2003, is a value-oriented, casual clothing and footwear superstore. Bob's Stores offers customers casual, family apparel and footwear, workwear, activewear, and licensed team apparel. This concept targets a moderate- to upper-middle income customer and its stores average approximately 45,000 square feet in size. Bob's Stores operated 36 stores in the northeastern U.S. at 2006's year-end, and they have no new store openings planned in 2007, as they continue to focus on their existing store base at Bob's Stores.
The TJX Companies, Inc. is the leading off-price apparel and home fashions retailer in the U.S. and worldwide, with over $17 billion in revenues in 2006, eight businesses, and more than 2,400 stores. TJX ranked 133rd in the most recent Fortune 500 rankings. TJX's off-price concepts include T.J.Maxx, Marshalls, HomeGoods, and A.J. Wright, in the U.S., Winners and HomeSense in Canada, and T.K. Maxx in Europe. Bob's Stores is a value-oriented, casual clothing and footwear superstore in the Northeastern U.S. Their off-price mission is to deliver a rapidly changing assortment of quality, brand name merchandise at prices that are 20-60% less than department and specialty store regular prices, every day. Their target customer is a middle to upper-middle income shopper, who is fashion and value conscious and fits the same profile as a department store shopper, with the exception of A.J. Wright, which reaches a more moderate-income market, and Bob's Stores, which targets customers in the moderate to upper-middle income range.
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