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ing to the company, much of it comes down to the way TJ Maxx buys its merchandise. It purchases stock from manufacturers that make too much and department stores that overbuy, and it jumps on deals at the end of the season.
These chains have flexible buying models and are able to scoop up unwanted merchandise from suppliers at steep discounts to their initial wholesale price. Unlike brands and stores that lock in their inventory six months to a year in advance, TJX and other off-price chains buy surplus merchandise to sell it right away.
While T.J. Maxx is better known for designer items and jewelry, particularly with its The Runway collection, Marshalls carries more footwear and has an expanded mens department and a junior department known as The Cube.
In 1976, TJ Maxx was founded in Framingham, Massachusetts, United States, by Bernard Cammarata. The first international store opened in Bristol, UK, in 1994. The company modified the name to TK Maxx to avoid confusion with the established British retail chain T. J. Hughes (which is not affiliated with TJX).
Outside of North America, TJ Maxx is known as TK Maxx. The name was modified to avoid confusion with the British retail chain T. J. Hughes. The European headquarters are based in Watford, Hertfordshire.
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Our Company roots date back 46 years. In 1976, Bernard (Ben) Cammarata, General Merchandising Manager of Marshalls at the time, was recruited by discount retailer, Zayre Corp.,1 to develop and spearhead the launch of a new off-price chain selling family apparel and home fashions. Under Mr. Cammaratas leadership, T.J.
In 1976, TJ Maxx was founded in Framingham, Massachusetts, United States, by Bernard Cammarata. The first international store opened in Bristol, UK, in 1994. The company modified the name to TK Maxx to avoid confusion with the established British retail chain T. J. Hughes (which is not affiliated with TJX).

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