Marshalls is the second largest off-price retailer in the U.S. and was
acquired by TJX in 1995. With a product assortment very similar to T.J.
Maxx, Marshalls offers brand name family apparel, giftware, home
fashions, and accessories. Marshalls also offers expanded footwear
assortments for the entire family and a broader men's department.
Marshalls customers have a very similar profile to those who shop at
department and specialty stores. The Marshalls chain, operating 748
stores at the end of 2006, continues to grow in many markets across the
U.S. and through merchandise opportunities, including further footwear
expansions. Marshalls stores are an average of approximately 32,000
square feet in size.
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
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