TJX Expands into Mexico with Grupo Axo Joint Venture

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TJX Companies, the parent company of TJ Maxx, HomeGoods, and Marshalls, is expanding its presence into Mexico through a joint venture with Grupo Axo, a prominent operator of full- and off-price brands in Mexico and South America. This partnership will focus on managing and growing Axo’s off-price physical store business in Mexico, which includes over …

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T.J. Maxx parent company opening 1,300 new locations in sizable expansion

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TJX, the parent company of T.J. Maxx, Marshalls, HomeGoods and Sierra, announced a major worldwide expansion in the coming years. Ernie Herrman, CEO of TJX, informed investors on Wednesday that the company plans to open 1,300 new locations in the U.S., Canada, Europe and Australia. The new stores would mark a 26.2% increase in its …

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