Winners, operating 184 stores in Canada at 2006's year-end, is the
leading off-price family apparel retailer in that country, having been
acquired by TJX in 1990. Patterned after T.J. Maxx, Winners offers
designer and brand name family apparel, giftware, home fashions, and
lingerie. Winners has also expanded its offerings of family footwear,
jewelry and accessories, and they believe it has many more merchandise
opportunities. Winners' customer profile is very similar to that of T.J.
Maxx and Marshalls. As at their other divisions, the Winners customer
typically shops for her entire family, seeking excellent value on brand
name fashions. Winners stores average approximately 29,000 square feet
in size. They expect to net four additional Winners stores in 2007, and
they believe that Canada can support approximately 200 Winners 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
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