TJX Companies (NYSE: TJX) is a large-cap apparel retailer started in 1919 as a ladies hosiery business. Starting in the 1970's, the company shifted to what it is known as today, shifting to an off-price retailer. Today, the company operates 3,600 stores in 9 countries, and is the leader in the off-price marketplace operating under the T.J. Maxx, Marshall's, Winners, Trade Secret, Sierra Trading Post, HomeSense, T.K. Maxx, and HomeGoods brands. Their main competitor is Ross Stores (NYSE: ROST), which I plan on analyzing in a later article.
