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.
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