|Homesense: Division of The TJX Companies Inc. - company profile on Apparel Search|
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HomeSense, operated by Winners, introduced the home fashions off-price concept to Canada with its launch in 2001. Similar to HomeGoods in the U.S., HomeSense offers customers a wide, rapidly changing selection of giftware, home basics, accent furniture, rugs, lamps, accessories, and seasonal items. At year-end 2006, HomeSense operated 68 stores with a typical store size of approximately 24,000 square feet. Their plans are to add three HomeSense stores in 2007. Ultimately, they believe the Canadian market can support approximately 80 HomeSense 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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