Global off-price retailer

TJX Companies

TJX Companies earns revenue by selling discounted apparel and home-fashion merchandise through banners including TJ Maxx, Marshalls and HomeGoods. It sources inventory and special-production goods from about 21,000 vendors, operates nearly all stores in leased locations and holds stakes in overseas off-price businesses.

TJX Updated Sep 11, 2026 2 AI consumers· 1 recurring

Per the valuechain.wiki graph, TJX Companies is directly linked to 2 companies (2 supply, 0 revenue relationships) and reaches 2 companies within two hops; the links are backed by 5 dated sources, 3 of them primary filings (as of 2026-09-11).

Annual return · 2026-09-04'21+12.8%'22+6.7%'23+19.7%'24+30.6%'25+28.7%YTD-13.2%
Money inU.S. Marmaxx and Sierra customersAmount $36.6BU.S. HomeGoods and Homesense customersAmount $10.2B
TJX CompaniesUS$60.372 billion for the fiscal year ended January 31, 2026

Financials & Segments

  • Total revenue · US$60.372 billion for the fiscal year ended January 31, 2026 (FY2026, SEC XBRL)
  • Segments · Marmaxx · HomeGoods · TJX Canada · TJX International

Revenue from

  • U.S. Marmaxx and Sierra customers High confidence· Amount $36.6B · FY2026 · Net sales generated from Marmaxx segment customers, including Sierra
    Customers of TJ Maxx and Marshalls in the United States buy apparel, accessories and home fashions and form the core demand base for Marmaxx. Sierra is included in this segment, while value-conscious off-price demand supports sales.
    Confirms EN SEC EDGAR Published Mar 31, 2026: TJX COMPANIES INC /DE/ 10-K (2026-03-31)
    Mentions KO The Korea Economic Daily Published Dec 11, 2025: Bargain-Seeking Consumers Flock to TJX as the Stock Surges
    Mentions EN RetailStat Published Oct 9, 2025: 2Q Retail Update
  • U.S. HomeGoods and Homesense customers High confidence· Amount $10.2B · FY2026 · Net sales generated from HomeGoods segment customers
    HomeGoods and U.S. Homesense customers purchase home-fashion merchandise including furniture, rugs, lighting, cookware and decorative accessories. TJX reports the FY2026 net sales generated from this customer base as a separate segment.
    Confirms EN SEC EDGAR Published Mar 31, 2026: TJX COMPANIES INC /DE/ 10-K (2026-03-31)

Pays to

  • Federal Realty Investment Trust High confidence· Amount $24M · annualized as of 2026-03-31 · Annualized base rent reported by Federal Realty for 40 TJX leased locations
    TJX leases stores at 40 shopping centers owned by Federal Realty. Federal Realty reported US$23.914 million of annualized base rent from TJX as of March 31, 2026, a landlord-reported measure of the relationship.
    Confirms EN SEC EDGAR Published May 1, 2026: Federal Realty Investment Trust First Quarter 2026 Supplemental Information
    Mentions EN SEC EDGAR Published Mar 31, 2026: TJX COMPANIES INC /DE/ 10-K (2026-03-31)
  • Simon Property Group High confidence
    TJX operates leased TJ Maxx, Marshalls and HomeGoods stores at multiple U.S. shopping centers owned or co-owned by Simon Property Group. Neither company discloses the rent attributable to this landlord relationship, so the amount is left blank.
    Mentions EN SEC EDGAR Published Mar 31, 2026: TJX COMPANIES INC /DE/ 10-K (2026-03-31)
    Confirms EN Simon Property Group Published Feb 25, 2026: Simon Property Group 2025 Annual Report

Investments

  • Brands for Less High confidence· Amount $358M · FY2025 Q4 · Amount invested for a 35% stake in Brands for Less, including acquisition costs
    TJX acquired a 35% stake in Middle Eastern off-price retailer Brands for Less. The US$358 million investment, including acquisition costs, is a non-controlling minority position.
    Confirms EN SEC EDGAR Published Mar 31, 2026: TJX COMPANIES INC /DE/ 10-K (2026-03-31)

Value-chain ripple (2 tiers)

Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.

CompanyChain'21'22'23'24'25YTD
TJX Companiesnode+12.8+6.7+19.7+30.6+28.7-13.2
Federal Realty Investment Trustbenef1+66-22.7+6.6+12.1-5.9+19.8
Simon Property Groupbenef1+95.7-21.9+29.2+26.9+12.9+15.7

YTD as of 2026-09-04 · source: Yahoo Finance

TJX Companies operates across Global off-price retailer. It is -13.2% in 2026. Its demand and supply links are known, but listed-counterparty return data is limited. It sources inventory and special-production goods from about 21,000 vendors, operates nearly all stores in leased locations and holds stakes in overseas off-price businesses.

Analysis generated from returns as of 2026-09-04

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