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3w ago

T.J. Maxx to Open Six New U.S. Stores This August

They reinforce TJX’s plan to expand its off-price footprint by capitalizing on tariff resilience under CEO Ernie Herrman.

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TJ Maxx announces six new store openings in the U.S.
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Overview

  • On Aug. 10, T.J. Maxx will open in Glen Allen, Va.; on Aug. 21 in Clinton, Conn.; on Aug. 24 in Saratoga Springs and Tooele, Utah, and Dickinson, N.D.; and on Aug. 28 in Washington, D.C.
  • With these additions, T.J. Maxx’s U.S. network will reach 1,338 stores as part of a global portfolio exceeding 5,000 outlets under banners such as Marshalls, HomeGoods, HomeSense and Sierra.
  • CEO Ernie Herrman set a goal in May 2024 to add at least 1,300 stores worldwide, and this latest slate of openings advances that long-term expansion agenda.
  • TJX’s off-price model acquires excess inventory after suppliers pay tariffs, allowing it to maintain margins and offer discounted prices in a high-tariff environment.
  • In the first quarter of fiscal 2026, TJX reported 5% comparable-sales growth and opened 36 new stores, highlighting continued consumer demand for its off-price approach.