Move over flash sales and online fashion discount sites, one of the biggest off-price retailers in America is about to launch e-commerce. According to reports this morning, T.J.Maxx and Marshalls are set to announce plans to enter the world of online shopping. Currently a brick-and-mortar operation, T.J.Maxx and Marshalls sold $25.9 billion worth of merchandise last year alone. With a designer roster that spans mass market household names to high-end Italian luxury labels, this is one new e-commerce player to watch....
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Why it Took So Long for Many Retailers to Embrace E-Commerce
February 11, 2013
From Ad Age
When TJX Cos., parent of TJ Maxx, Marshalls and Home Goods, announced it would acquire off-price internet retailer Sierra Trading Post for $200 million, it was more than a smart buy. The purchase signified something much bigger: The company was finally taking e-commerce seriously. CEO Carol Meyrowitz declared to investors the company would use Sierra Trading Post's web savvy and infrastructure to build out its own e-commerce sites.
TJ Maxx prepares to open first Hawaii store on Thursday
May 1, 2012
From Dallas Business Chronicle
TJ Maxx is getting an early start for the opening of its new Hawaii store on Thursday. The 35,000-square-foot store at the Ward Village Shops — the first TJ Maxx store in Hawaii in 16 years — will open at 8 a.m., following a 7 a,m. blessing ceremony. It’s the first of three stores TJ Maxx, a division of Massachusetts-based TJX Cos. (NYSE TJX), plans to open on Oahu next month. The company will open its second TJ Maxx store on May 10 in a newly constructed 25,000-square-foot pad site at the...