TK Maxx - Fashion Company Profile

TK Maxx is TJ Maxx's European sibling - launched in the U.K. in 1994 with its name respelled to avoid confusion with T. J. Hughes, and still Europe's only major off-price apparel retailer, with well over 650 stores.

Company Snapshot

Status
Operating - well over 650 stores across the U.K., Ireland, Germany, Poland, Austria, the Netherlands and Australia
Type
Division of TJX International, part of The TJX Companies, Inc. (NYSE: TJX)
Headquarters
United Kingdom (parent TJX headquartered in Framingham, Massachusetts, United States)
Founded
Launched in the U.K. in 1994, introducing the off-price concept to Britain
Visit the Official TK Maxx Website
A British off-price store interior with clothing rails, handbags and home fashions under bright lights, product photography with no people

Company Profile

TK Maxx is a retailer, so this page carries no marketplace shop box; the button above leads to its U.K. site. The 2006 record below - 210 stores in the U.K. and Ireland, Germany still a plan - has become a seven-country chain, and its founding distinction stands: it brought off-price to Europe and remains the continent's only major practitioner of it.

With stores averaging approximately 30,000 square feet, T.K. Maxx offered 'great values on brand name family apparel, women's footwear, lingerie, accessories, and home fashions' - the TJ Maxx formula transplanted whole. The 2006 plans were continental: a net 10 stores in the U.K. and Ireland in 2007, a long-term potential of about 275 stores there, and 'five stores in Germany, their first in that country, in 2007.'

Why the K? And What Happened Next

The name is the answer to a trademark problem: when TJX brought its flagship to Britain in 1994 it respelled TJ as TK to avoid confusion with T. J. Hughes, the long-established Liverpool discount retailer. The German beachhead planned in the filing duly opened, and the chain kept going - TK Maxx today trades across the U.K., Ireland, Germany, Poland, Austria and the Netherlands, and in Australia, with well over 650 stores in total.

It remains, as in 2006, Europe's only major off-price apparel retailer - the concept's inventor on the continent as well as its largest practitioner. This page carries no shop box: TK Maxx is a retailer, and its own site, linked above, is the place for current stores and ranges.

Common Questions

Why is TJ Maxx called TK Maxx in Europe?

To avoid confusion with T. J. Hughes, an established British discount retailer, when TJX launched the chain in the U.K. in 1994. The stores, format and off-price model are otherwise the same.

When did TK Maxx launch?

In the U.K. in 1994, introducing the off-price concept to Britain; Ireland followed, then Germany in 2007, and the chain now also trades in Poland, Austria, the Netherlands and Australia.

How many TK Maxx stores are there?

Well over 650 across Europe and Australia today, against 210 in the U.K. and Ireland at the end of 2006 in the record kept in this profile.

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References & Further Reading

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Company details such as leadership, ownership, store counts and web addresses can change. For the most current information, please check the company's official website.