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News from the City of Harlingen
News From The City of Harlingen For Immediate Release May 1, 2019 Media Contact: Irma Garza, City of Harlingen, Public Relations Officer, (956) 216-5030 office or (956) 226-1673 cell Major Apparel and Home Fashion Store Coming to Harlingen Harlingen, Texas– Shoppers will soon have a new place to make purchases locally. The City of Harlingen and the Harlingen Economic Development Corporation today announce and welcome TJ Maxx to the business community at The Shops at Valle Vista. TJ Maxx, popular among shoppers of all ages will open a 20,000 Sq. Ft. store right next to Target on Dixieland Road. TJ Maxx founded in 1976 in Massachusetts is known as one of the leading off-price retailers in the world featuring brand name and designer clothing for children, women, and men, as well as home products. The Shops at Valle Vista Developer, Craig Garansuay is making a $2.5 million investment to build the store. He’s been working with the Harlingen Economic Development Corporation to make it happen. HEDC CEO Raudel Garza says the EDC strives to create an environment where people and businesses want to choose Harlingen. “This is another example of the economic growth that we are experiencing. We understand that retail development creates a better quality News From The City of Harlingen of life. It also helps our recruitment efforts in other industries. So, we’re excited about this new store and the additional potential economic opportunities that it could bring.” TJ Maxx has more than one thousand stores in the United States. It is part of the TJX Companies which also own HomeGoods/Home Sense, Winners, Sierra, and Marshalls. -
The Tjx Companies, Inc. 2005 Annual Report
THE TJX COMPANIES, INC. 2005 ANNUAL REPORT INC. 2005 ANNUAL THE TJX COMPANIES, THE TJX COMPANIES, INC. T 2005 ANNUALJ REPORTX The TJX Companies, Inc. is the largest apparel and home fashions off-price retailer in the United States and world- wide, operating eight businesses at 2005’s year-end, and ranking 138TH in the most recent Fortune 500 rankings. TJX’s off-price concepts include T.J.Maxx, Marshalls, HomeGoods, and A.J. Wright, in the U.S., Winners and HomeSense in Canada, and T.K. Maxx in Europe. Bob’s Stores is a value-oriented, casual clothing and footwear superstore. Our off-price mission is to deliver a rapidly changing assortment of quality, brand name merchandise at prices that are 20-60% less than department and specialty store regular prices, every day. Our target customer is a middle to upper-middle income shopper, who is fashion and value conscious and fits the same profile as a depart- ment store shopper, with the exception of A.J. Wright, which reaches a more moderate-income market, and Bob’s Stores, which targets customers in the moderate to upper-middle income range. T.J. Maxx was founded in 1976 and is the largest off-price retailer of apparel and home ® fashions in the U.S., operating 799 stores in 48 states at the end of 2005. T.J. Maxx sells brand name family apparel, accessories, fine jewelry, home fashions, women’s shoes, and lingerie, with stores averaging approximately 30,000 square feet. Marshalls was acquired by TJX in 1995 and is the nation’s second largest off-price retailer, operating 715 stores in 42 states and Puerto Rico at 2005’s year-end. -
The TJX Companies, Inc. Positions Senior Management Team for Future Growth February 1, 2007 9:25 AM ET Click Here for the Spanis
The TJX Companies, Inc. Positions Senior Management Team for Future Growth February 1, 2007 9:25 AM ET Click here for the Spanish version of this news release. FRAMINGHAM, Mass.--(BUSINESS WIRE)--Feb. 1, 2007--The TJX Companies, Inc. (NYSE:TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced that it has repositioned its senior management team to support the Company's future growth. These changes, which are effective immediately, include promotions at the corporate level as well as at the Company's Marmaxx, HomeGoods and A.J. Wright divisions. Carol Meyrowitz, President and Chief Executive Officer of The TJX Companies, Inc., commented, "I am delighted with the senior management changes we are announcing today. As I begin my tenure as TJX's CEO, I have great confidence that our senior management team gives us the ability to combine deep, off-price experience within TJX with fresh ideas and approaches that will serve us well as we grow in the future." Meyrowitz continued, "I am genuinely pleased to have so many people who have been with TJX for years, move into positions of greater responsibility, and to welcome the talented individuals who have recently joined us. I look forward to working with this top-notch team in leading TJX to a bright and successful future." TJX announced the following senior management changes: Ernie Herrman has been promoted to Senior Executive Vice President, TJX, from Executive Vice President, and will remain President, The Marmaxx Group, the Company's largest division. Paul Sweetenham has been promoted to Senior Executive Vice President, TJX, Group President, Europe, from his position of President, T.K. -
SEC Complaint
Case 1:16-cv-11148 Document 1 Filed 06/20/16 Page 1 of 9 UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS __________________________________________ ) SECURITIES AND EXCHANGE ) COMMISSION, ) ) Plaintiff, ) Civil Action No. ) v. ) ) JAMES S. HANNON, ) ) Defendant. ) ) COMPLAINT Plaintiff Securities and Exchange Commission (the “Commission”) alleges the following against defendant James S. Hannon (“Hannon”). SUMMARY 1. This case involves trading by Hannon in the securities of his then-employer, the TJX Companies, Inc. (“TJX”), a publicly-traded Massachusetts-based company that is the parent company of retail store chains T.J. Maxx and Marshalls. 2. In 2012 and 2013, Hannon was a mid-level manager at TJX and, as a result of his position, he had daily access to material, nonpublic information about TJX’s sales. Using this inside knowledge in part, Hannon purchased TJX stock in advance of certain press releases publicly announcing the financial successes of TJX’s retail stores. Shortly thereafter, Hannon sold his TJX stock, reaping trading profits totaling approximately $26,000 when the stock price increased following these public announcements. Case 1:16-cv-11148 Document 1 Filed 06/20/16 Page 2 of 9 NATURE OF THE PROCEEDING AND RELIEF SOUGHT 3. The Commission brings this action pursuant to the authority conferred upon it by Section 21(d) of the Securities Exchange Act of 1934 (“Exchange Act”) [15 U.S.C. § 78u(d)]. The Commission seeks permanent injunctions against the defendant, enjoining him from engaging in the transactions, acts, practices, and courses of business alleged in this Complaint; disgorgement of ill- gotten gains from the unlawful insider trading activity set forth in this Complaint, together with prejudgment interest; and civil penalties pursuant to Section 21A of the Exchange Act [15 U.S.C. -
Distribution Center Addresses by Division
DISTRIBUTION CENTER ADDRESSES BY DIVISION TJX USA DISTRIBUTION CENTERS TJ Maxx Distribution Center # 891/895 TJ Maxx Distribution Center # 893 TJ Maxx Distribution Center # 894 TJ Maxx E-Commerce Distribution Center # 899 11650 FM 1937 4000 Oldfield Blvd 14300 Carowinds Blvd Memphis Oaks - Bldg. 3 San Antonio, TX 78221 Pittston, PA 18640 Charlotte, NC 28273 3860 E Holmes Rd, Ste 101 P.O. Prefix: 10/50 P.O. Prefix: 30 P.O. Prefix: 40 Memphis, TN 38118 P.O. Prefixes: 92 (Domestic Orders) & 30 (Import Orders) TJ Maxx TJ Maxx Distribution Center # 896 TJ Maxx Distribution Center # 897 TJ Maxx Distribution Centers # 892/898 135 Goddard Memorial Dr 3301 Maxx Rd 4100 East Lone Mountain Rd Worcester, MA 01603 Evansville, IN 47711 North Las Vegas, NV 89081-2711 P.O. Prefix: 60 P.O. Prefix: 70 P.O. Prefix: 20/80 Marshalls Distribution Centers #'s 881/882 Marshalls Distribution Center #883 Marshalls Distribution Center #886 Marshalls Ecomm Distribution Center #899 3000 South 55th Ave 2760 Red Lion Rd 701 N Main St Memphis Oaks - Bldg. 3 Phoenix, AZ 85043 Philadelphia, PA 19114 Bridgewater, VA 22812 3860 E Holmes Rd, Ste 101 P.O. Prefix: 01/02 P.O. Prefix: 03 P.O. Prefix: 06 Memphis, TN 38118 P.O. Prefixes: 93 (Domestic Orders) & 03 (Import Orders) Marshalls Marshalls Distribution Center # 887 Marshalls Distribution Center # 888 2300 Miller Rd 83 Commerce Way Decatur, GA 30035 Woburn, MA 01801 P.O. Prefix: 07 P.O. Prefix: 08 HomeGoods Distribution Center # 881 HomeGoods Distribution Center # 882 HomeGoods Distribution Center # 883 HomeGoods Distribution Center # 884 C/O Performance Team 7000 S Alvernon Way C/O Performance Team 125 Logistics Center Pkwy 401 Westmont Dr Tucson, AZ 85756 50 Bryla St Jefferson, GA 30549 San Pedro, CA 90731 P.O. -
Loss Prevention Internship
LOSS PREVENTION INTERNSHIP Want to get a head start in retail? This program is designed for you to learn the operational side of retail from the inside out. THIS IS THE BUSINESS WHERE YOUR ADVENTURE BEGINS. TJX is the leading off-price apparel and home fashions retailer in the U.S. and worldwide, operating T.J. Maxx, Marshalls, HomeGoods, HomeSense, and Sierra Trading Post in the United States; Winners, HomeSense, and Marshalls in Canada; T.K. Maxx and HomeSense in Europe; and T.K. Maxx in Australia. With over $35 billion in revenues in 2017, more than 4,000 stores, and over 249,000 global Associates, we’re proud of everything we’ve achieved as a business. But we’re even more excited about the future, and what it could mean for your career. WHAT IS THE LOSS WHO ARE WE LOOKING FOR? PREVENTION PROGRAM? / Sophomores or Juniors with a GPA of Loss Prevention makes an impact on every part of 3.0 or above our business, and – by protecting our assets – can A genuine interest in retail and business make a huge difference to the bottom line. It’s partly / about security, but also involves highly strategic / Strong analytical skills and confidence thinking focused on maximizing our profits. That working with numbers makes it an ideal team in which to learn about our / Excellent communication and business and retail operations as a whole. interpersonal skills / Self-starter and agile learner with an During this 12-week paid Internship, you’ll join a “always-on” work ethic Loss Prevention Team in one of our stores. -
The TJX Company Complaint
072-3055 UNITED STATES OF AMERICA FEDERAL TRADE COMMISSION COMMISSIONERS: William E. Kovacic, Chairman Pamela Jones Harbour Jon Leibowitz J. Thomas Rosch ) In the Matter of ) ) THE TJX COMPANIES, INC., ) a corporation. ) DOCKET NO. C-4227 ) COMPLAINT The Federal Trade Commission, having reason to believe that The TJX Companies, Inc. (“respondent”) has violated the provisions of the Federal Trade Commission Act, and it appearing to the Commission that this proceeding is in the public interest, alleges: 1. Respondent The TJX Companies, Inc. is a Delaware corporation with its principal office or place of business at 770 Cochituate Road, Framingham, Massachusetts, 01701. 2. The acts and practices of respondent as alleged in this complaint have been in or affecting commerce, as “commerce” is defined in Section 4 of the Federal Trade Commission Act. 3. Respondent is an off-price retailer selling apparel and home fashions in over 2,500 stores worldwide, including, but not limited to, T.J. Maxx, Marshalls, A.J. Wright, Bob’s Stores, and HomeGoods stores in the United States; Winners and HomeSense in Canada; and T.K.Maxx stores in the United Kingdom, Ireland, and Germany. Consumers may pay for purchases at these stores with credit and debit cards (collectively, “payment cards”), cash, or personal checks. 4. Respondent operates corporate computer networks in the United States (“central corporate network”) and internationally, as well as networks in each store (“in-store networks”). These networks link worldwide corporate headquarters in the United States with each store, and, among other things, are used to process sales transactions and provide wireless access to the networks for wireless devices, such as devices for marking down prices. -
1000000000 Acquired
DEVELOP | ACQUIRING | PARTNER Targeting Retail Net Lease Acquisition Opportunities $1,000,000,000 ACQUIRED Acquisition Criteria Why ADC? ▪ Net lease retail ▪ $2 - $30 million per asset ▪ In-house real estate expertise ▪ Single-tenant assets ▪ Single assets or portfolios ▪ Institutional access to capital ▪ Multi-tenant assets ▪ Sale-leasebacks ▪ Entrepreneurial flexibility for complex deal structures ▪ Up to four tenants ▪ Short or long-term leases ▪ Assumable debt ▪ 100% occupancy ▪ Creditworthy tenants ▪ Forward commitments ▪ National, super-regional tenants ▪ Rent Escalations ▪ Partner Capital Solutions About Agree Realty Agree Realty Corporation is a fully-integrated, self-administered, self-managed real estate investment trust (REIT) publicly traded on the New York Stock Exchange under the symbol ADC. Our growing portfolio of industry leading retailers consists of 381 assets in 43 states, containing approximately 7.3 million square feet of gross leasable space. Western Region Central Region Eastern Region *based on broker location Contact Information Jeff Williams | Western Region Andrew Bell | Central Region Ryan Cockerill | Eastern Region 248.480.0272 | [email protected] 248.480.0261 | [email protected] 248.480.0256 | [email protected] WWW.AGREEREALTY.COM TARGET RETAIL TENANTS RETAIL ✓ 7-Eleven ✓ Circle K / The Pantry ✓ La-Z-Boy ✓ Salvation Army TENANTS ✓ 84 Lumber ✓ Cost Plus World Market ✓ Les Schwab Tire Center ✓ Sam’s Club ✓ Aamco Transmission ✓ CVS ✓ Life Time Fitness ✓ Shaw’s ✓ ABC Fine Wine & Spirits ✓ Dave -
Krause Fund Research Spring 2020 April 17Th, 2020
Krause Fund Research Spring 2020 April 17th, 2020 The TJX Companies, Inc. (NYSE: TJ X) Consumer Discretionary Stock Rating: BUY Analysts Target Price: $60-$68 Deborah Destahun Kanishk Puranik Stock Values [email protected] [email protected] DDM $ 62.98 Aaron Nibaur Jacob Hines DCF/EP $ 67.97 [email protected] [email protected] Relative Valuation (P/E ’21) $ 46.22 Stock Performance Highlights Investment Thesis 52 Week High $ 63.99 52 Week Low $ 36.76 We recommend a buy rating for The TJX Companies, Inc. We believe the stock is Current Price $ 49.73 undervalued due to COVID-19 market volatility. We anticipate TJX to experience Share Highlights continued high growth after Fiscal 2021. The coronavirus-induced recession provides TJX a unique opportunity to grow market share from department stores and traditional Market Cap (M) $60,305.96 retailers because consumers will be turning to bargain-priced goods. Shares Outstanding (M) 1,212.67 Beta 1.28 Investment Drivers EPS (2021E) $ 1.17 • TJX’s 29.7% market share in off-price retail will grow as consumer demand P/E Forward 40.01 for bargain home and fashion goods increase. We expect COVID-19 to Company Performance Highlights continue to decrease consumer spending and increase unemployment. ROA (’21) 5% • TJX is well positioned with its inventory management and low-cost ROE (’21) 20.1% operations. Additionally, the company is better suited to take market share Financial Ratios than its peers because of its global presence. Current Ratio 2.06 Debt to Equity 3.12 Investment Risks • COVID-19 threatens TJX’s FY 2021 net income with stores and e-commerce Company Description platform expected to be closed till summer 2021. -
THE TJX COMPANIES, INC. 2006 Annual Report the TJX Companies, Inc
THE TJX COMPANIES, INC. 2006 Annual Report The TJX Companies, Inc. is the largest apparel and home fashions off-price retailer in the United States and world- wide, operating eight businesses and over 2,400 stores at 2006’s year-end, with approximately 125,000 Associates, and ranking 133RD in the most recent Fortune 500 rankings. TJX’s off-price concepts include T.J. Maxx, Marshalls, HomeGoods, and A.J. Wright, in the U.S., Winners and HomeSense in Canada, and T.K. Maxx in Europe. Bob’s Stores is a value-oriented, casual clothing and footwear superstore in the U.S. Our off-price mission is to deliver a rapidly changing assortment of quality, brand name merchandise at prices that are 20-60% less than department and specialty store regular prices, every day. Our target customer is a middle- to upper-middle-income shopper, who is fashion and value conscious and fits the same profile as a department store shopper, with the exception of A.J. Wright, which reaches a more moderate-income market, and Bob’s Stores, which targets customers in the moderate- to upper-middle-income range. T.J. Maxx was founded in 1976 and is the largest off-price retailer of apparel and home fashions in the U.S., operating 821 stores in 48 states at year-end 2006. T.J. Maxx sells brand name family apparel, accessories, fine jewelry, home fashions, women’s shoes, and lingerie, with stores averaging approximately 30,000 square feet in size. Marshalls was acquired by TJX in 1995 and is the nation’s second largest off-price retailer, operating 748 stores in 42 states and Puerto Rico at 2006’s year-end. -
PDF the Second Round of Information Security Challenges at TJX Companies
RESEARCH ASSOCIATION for INTERDISCIPLINARY RMARA CH I 2021S STUDIES DOI: 10.5281/zenodo.4639612 The Second Round of Information Security Challenges at TJX Companies Courtney Gatlin-Keener, MBA1, Ryan Lunsford, PhD2 1DBA Student, University of the Incarnate Word, USA, [email protected] 2Professor and DBA Chairman, University of the Incarnate Word, USA, [email protected] ABSTRACT: This descriptive case study summarizes TJX Companies (TJX), highlighting the considerable success its off-price retailing business has experienced in the United States and abroad. TJX traces its roots to small-town Massachusetts as far back as the early 20th century through its precursor company, Zayre Corporation. With over 4,500 stores globally, TJX is renowned as a dominant off-price retail business giant, positioned in the top 300 in the Fortune Global 500 annual rankings of the world’s largest companies with over $40B in sales and a market value of over $62B. TJX’s resilience and sustainability result from its sophisticated value proposition comprised of its business model flexibility and opportunistic purchasing. Despite their financial performance, business niche dominance, and growth and expansion prospects, an unexpected ethical dilemma was recently uncovered. Based on UpGuard's third-party report, it was discovered that despite the purported recovery from a 2007 TJX data breach debacle and supposed enhancements in its digital infrastructure, there are still significant issues related to TJX’s network security. It appears as though TJX, despite having a previous opportunity to reconcile, is still, even today, unable to provide adequate customer data protection. Thus, it is recommended that TJX configures its Domain Name System Security Extensions (DNSSEC) and bolster the security of its digital transactions by implementing point-to-point encryption (P2PE) and tokenization, payment card industry (PCI) validated P2PE solutions from its store chains to the banks and PCI-compliant firewalls. -
If You Made a Purchase Or a Return at a TJX Store Listed Below, You Could Get Benefits from a Class Action Settlement
UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MASSACHUSETTS If you made a purchase or a return at a TJX store listed below, you could get benefits from a class action settlement. A federal court authorized this notice. This is not a solicitation from a lawyer. • There is a proposed settlement with The TJX Companies, Inc. and Fifth Third Bancorp (“Defendants”) in a class action lawsuit involving shoppers in the United States, Puerto Rico and Canada about computer system intrusions into personal and financial information at these TJX stores: ` T.J. Maxx ` Marshalls ` T.J. Maxx ‘n More ` Marshalls MegaStore ` The Maxx ` HomeGoods ` A.J. Wright ` Winners ` HomeSense • The proposed settlement offers vouchers, cash benefits, credit monitoring, identity theft insurance, and reimbursements to eligible people affected by the intrusion(s). YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT: ASK FOR BENEFITS Submit a claim form to get vouchers, cash benefits or reimbursements, if you are eligible. Sign-up for credit monitoring and identity theft insurance if you are eligible. EXCLUDE YOURSELF Get no benefits. This is the only option that allows you to start, or remain part of any other lawsuit against the Defendants about the legal claims in this case. OBJECT Write to the Court about why you don’t like the settlement. GO TO A HEARING Ask to speak in Court about the fairness of the settlement. DO NOTHING Get no vouchers, cash benefits, credit monitoring, identity theft insurance or reimbursements from the settlement. Give up your rights to sue the Defendants about the legal claims in this case.