T.K. Maxx (United Kingdom & Ireland) , a T.J. Maxx-like, off-price
apparel and home fashions concept, operated 210 stores in the U.K. and
Ireland at the end of 2006. T.K. Maxx has been very well received since
its launch in 1994 introduced the off-price concept to the U.K.,
offering a unique shopping experience to that market. Today, T.K. Maxx
is the only major off-price retailer in any European country. With
stores averaging approximately 30,000 square feet in size, T.K. Maxx
offers great values on brand name family apparel, women's footwear,
lingerie, accessories, and home fashions. T.K. Maxx is slated to add a
net of 10 stores in the U.K. and Ireland in 2007, and they see the U.K.
and Ireland supporting approximately 275 stores in the long term. They
also plan to open five stores in Germany, their first in that country,
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
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