|A.J. Wright: Division of The TJX Companies Inc. - company profile on Apparel Search|
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A.J. Wright, launched in 1998, operates similarly to their other off-price concepts, but targets the moderate-income customer. A.J. Wright offers outstanding values on family apparel and footwear, accessories, home fashions, giftware, including toys and games, and special, opportunistic purchases. Prices at A.J. Wright are 20 - 70% below regular prices at national discount chains and budget department stores. At year-end 2006, A.J. Wright operated 129 stores. A.J. Wright stores average approximately 26,000 square feet in size. A.J. Wright expects to add 5 new stores in existing markets in 2007. Longer-term, they believe that the U.S. could potentially support approximately 1,000 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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