10 Things You Didn’t Know About TJ Maxx & Why Prices Are So Low (2024)

If you are a budget fashion lover, then you likely take it to the ‘Maxx. By “it,” we mean your paycheck. And by ‘Maxx, we mean the much-adored budget retailer TJ Maxx.

Yes, TJ Maxx is likely the source of many dropped dollars, if you like your clothing and home decor to cost less than department stores. But when you’re down for a style hunt, you probably pull into the retailer’s parking lot without much thought on how exactly TJ Maxx does it all. But there’s a slew of relatively unknown facts behind the store’s inception and concept—not to mention insider tips to help you get the very best deals along the way.

If you want to know what a TJ Maxx yellow tag means or the difference between TJ Maxx and Marshalls (and yes, there is a difference), check out these 10 fast facts about TJ Maxx.

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1. The first TJ Maxx stores opened in 1977.

In 1976, a discount retail corporation recruited Bernard Cammarata, who was the general merchandising manager of Marshalls at the time, to spearhead the launch of a new off-price chain selling apparel and home decor. A year later in 1977, the first two TJ Maxx stores opened in Auburn and Worcester, Mass. That history adds up to more than 40 years of deals.

In 1995, Marshalls was acquired by TJX Companies (TJ Maxx’s parent company), even though the inception and overall concept of TJ Maxx was likely inspired by the long-standing success of Marshalls stores.

2. Forget what you’ve heard: TJ Maxx is not a discount store.

Though you can score some pretty stellar deals at TJ Maxx, it’s not technically a discount store. TJ Maxx is an off-price retailer, which means it stocks excess inventory from merchandisers. According to the TJ Maxx website, the retailer sources inventory from “a wide variety of opportunities, which can include department store cancellations, a manufacturer making up too much product, or a closeout deal when a vendor wants to clear merchandise at the end of a season.” Discount stores, on the other hand, buy merchandise at full wholesale price but take less markup than traditional stores.

3. There’s actually a difference between TJ Maxx and Marshalls.

Though many shoppers think of the sister stores as interchangeably similar, TJ Maxx and Marshalls both have some distinct features. TJ Maxx has an expanded jewelry and accessories section and features more designer pieces for sale. Marshalls, on the other hand, offers family footwear, an expanded men’s department and a dedicated juniors department.

4. The majority of TJ Maxx products aren’t damaged or irregular.

According to SheFinds, 95 percent of products sold at the retailer are in top-notch condition, with damaged or defective products making up only a reported 5 percent of all TJ Maxx inventory. And don’t worry, any condition issues will always be disclosed on the tag—but it’s rarely a concern.

5. TJ Maxx is actually called T.K.Maxx in the U.K. and Ireland.

The TJX corporation launched T.K. Maxx in the U.K. in 1994. The slight name change was reported to avoid confusion with the existing discount department store chain T.J. Hughes, which already existed in the U.K. and was not affiliated with the TJX corporation.

6. There are more than 1,200 TJ Maxx locations around the world.

As of January 2021, there were more than 1,200 TJ Maxx stores around the world. For those curious, there’s another 600-plus T.K.Maxx locations in the U.K. and Ireland. Out of the 50 states, only Alaska doesn’t have a TJ Maxx location.

7. According to insiders,Wednesday is the best day to shop.

TJ Maxx shoppers claim that the retailer receives its biggest shipments (and marks down the most items) on Wednesdays, making it the best day to score new products and top deals. But deals and markdowns happen all during the workweek—just not on weekends. Other insiders claim shopping midday during the workweek—specifically Wednesdays, Thursdays and Fridays—will help you beat crowds and score top deals.

10 Things You Didn’t Know About TJ Maxx & Why Prices Are So Low (1)

8. Yellow price tags mean the item is at its final and lowest markdown.

In the case of TJ Maxx, yellow means go. A yellow tag on TJ Maxx merchandise means the item has been marked down to its final—and lowest—price. Any introductory markdowns are printed on red stickers, while regularly priced merchandise features white labels comparing a product’s TJ Maxx price to its normal retail cost. But be warned: Some reports claim these retail prices may be slightly inflated, giving the impression of a better bargain.

9. TJ Maxx stores in select regions sell discounted designer merchandise.

And we mean designer. Select TJ Maxx stores have deals on top designer pieces in a special section called The Runway. In The Runway, you can find some of the biggest names in fashion, with some shoppers discovering Gucci, Celine and Saint Laurent pieces in the sought-after section. You can also shop The Runway (and regular TJ Maxx pieces, for that matter) online. When shopping in stores, The Runway merchandise will have a purple tag.

10. TJ Maxx has its own private labels, which turns out some of the merchandise the store stocks.

According to HerCampus, an estimated 10 percent of products available in TJ Maxx stores are created under independently-owned private labels. Clothing featuring the label Frou Frou, Mercer and Madison, Between Me & You, and more are all owned by The TJX Companies. These items are created especially for sales at TJ Maxx and Marshalls locations.

10 Things You Didn’t Know About TJ Maxx & Why Prices Are So Low (2024)

FAQs

10 Things You Didn’t Know About TJ Maxx & Why Prices Are So Low? ›

T.J. Maxx's prices are so low because they buy past-season merchandise and even items from canceled orders at other retailers. T.J. Maxx also carries many of their own private labels, including Mercer & Madison, Bella Lux, and If It Were Me, which helps them further boost their bottom line.

Why are TJ Maxx prices so low? ›

T.J. Maxx's prices are so low because they buy past-season merchandise and even items from canceled orders at other retailers. T.J. Maxx also carries many of their own private labels, including Mercer & Madison, Bella Lux, and If It Were Me, which helps them further boost their bottom line.

Is TJ Maxx low end? ›

The majority of products we sell are high quality, fashionable, brand name, and designer merchandise generally sold at prices 20%-60% less than full-price retailers' regular prices on comparable merchandise. Most of our merchandise is fashionable, current season styles.

Why are designers pulling out of TJ Maxx? ›

Clothing and footwear brands have increased their efforts during the pandemic to pull away from discount stores. They're able to pull it off right now because of the huge imbalance between supply and demand.

How often does TJ Maxx mark down? ›

When you shop matters. Most T.J. Maxx Stores do markdowns on Monday mornings, making this the best time of the week to shop if you're looking for a deal. You'll want to take a look around the store for yellow tags on items, showing they're on clearance.

What is TJ Maxx known for? ›

TJ Maxx is the flagship chain of the TJX Companies. It sells men's, women's and children's apparel and shoes, toys, bath and beauty products, accessories, jewelry, and home products ranging from furniture and decor to housewares and kitchen utensils.

What is this pricing strategy? ›

A pricing strategy is a model or method used to establish the best price for a product or service. It helps you choose prices to maximize profits and shareholder value while considering consumer and market demand. If only pricing was as simple as its definition — there's a lot that goes into the process.

What are those pricing strategy? ›

What are the 4 major pricing strategies? Value-based, competition-based, cost-plus, and dynamic pricing are all models that are used frequently, depending on the industry and business model in question.

What retailer uses high low pricing strategy? ›

High-low pricing is used extensively by major retailers such as Macy's and Nordstrom and specialty companies such as Adidas and Nike. They set prices high but then periodically offer consumers lower prices through sales, promotions or coupons.

What is the TJ Maxx scandal? ›

Maxx fined $13 million for selling recalled infant sleepers linked to at least 30 deaths. The company, alongside its subsidiary Marshalls and HomeGoods stores, sold recalled products from March 2014 through October 2019.

What does a blue tag at TJ Maxx mean? ›

'Blue price tags indicate coordinates; however, these items can be sold separately,' they explained. This means that if you find an item with a blue tag, a matching item may be close by. The purple tags are just for products that belong to TJ Maxx's 'The Runway' department.

What day of the week does TJ Maxx mark down? ›

T.J. Maxx stores typically receive new merchandise shipments three to five days a week, but Wednesday is usually the day they mark everything down. Get there in the morning to ensure you'll have access to the most robust selection. If you've ever shopped at a T.J.

What designer brands are leaving TJ Maxx? ›

Designers like Levi's, Under Armour, Ralph Lauren, Carter's and Steve Madden have decided to sell their clothing at full price. Typically, discount chains buy premium apparel and shoes for cheap and then sell them to customers at bargain prices but now there isn't much inventory. “There's a limit on the supply chain.

Who is TJ Maxx biggest competitor? ›

TJ Maxx competitors include Marshalls, Home Goods, Ross Capital, Macy's and Saks Fifth Avenue.

Are clothes at TJ Maxx damaged? ›

The majority of TJ Maxx products aren't damaged or irregular.

Does TJ Maxx negotiate price? ›

Learn to Haggle at TJ Maxx

Simply look for any imperfections like dents, scratches, or even damaged packaging, and politely ask an employee for a discount. A TJ Maxx employee told me recently the most they are allowed to reduce the price is by 10%, so start at 15% and settle on 10% off.

Is TJ Maxx cheaper than Amazon? ›

In price satisfaction, TJX has Amazon beat. Nearly 60% of respondents associated TJ Maxx and Marshalls with having the lowest and best prices on clothing, while 46% respondents recognized Amazon for the same.

Which is better TJ Maxx or Marshalls? ›

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 men's department and a junior department known as The Cube. Meanwhile, Homesense tends to have a bigger selection than HomeGoods, according to Cosmopolitan.

Is TJ Maxx or Marshalls cheaper? ›

However, TJ Maxx tends to carry (depending on area) more "urban" brands at slightly lower prices than Marshalls, which tends to carry more "high end" brands at slightly higher prices.

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