THE TJX FACTOR; THE OFF-PRICE POWERHOUSE HAS EMERGED AS A GIANT PLAYER HOME FURNISHINGS.(TJX Cos. )

HFN: The Weekly Newspaper for the Home Furnishing Network, October, 2002 by Nicksin, Carole

NEW YORK-Beneath its guise as an off-price apparel retailer, TJX Cos. has emerged as a home furnishings Goliath. The company's home sales totaled an estimated $2.3 billion in the United States alone in fiscal 2001, representing an increase of 30 percent during a three-year period and placing it ahead of Linens 'n Things, Kohl's and ShopKo.

With more than 1,400 T.J. Maxx, Marshalls, HomeGoods and A.J. Wright stores in the United States, each of which carry home products, TJX Cos. is clearly a force to be reckoned with.

The home furnishings business is "very, very strong," Edmond English, TJX's president and chief executive officer, told HFN at the Framingham, Mass.-based company's annual shareholders meeting earlier this year. "We treat home the same...

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