| Business Summary | | The
TJX
Companies,
Inc.
is
an
off-price
retailer
of
apparel
and
home
fashions
in
the
United
States
and
worldwide.
The
Company
offers
off-price
family
apparel
and
home
fashions
through
its
T.J.
Maxx,
Marshalls
and
A.J.
Wright
chains
in
the
United
States,
its
Winners
Apparel
Ltd.
Stores
(Winners)
chain
in
Canada
and
its
T.K.
Maxx
chain
primarily
in
the
United
Kingdom.
The
Company
also
operates
HomeGoods
in
the
United
States,
a
chain
that
focuses
exclusively
on
off-price
home
fashions,
and
is
opening
a
Canadian
home
fashions
chain
called
HomeSense
in
fiscal
2002.
The
target
customer
for
all
of
the
Company's
chains,
except
A.J.
Wright,
is
the
middle-
to
upper-middle-income
shopper.
A.J.
Wright
targets
a
more
moderate-income
customer. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
TJX
Companies,
Inc.
operates
off-price
apparel
and
home
fashions
retail
stores
under
the
names
T.J.
Maxx,
Marshalls,
T.K.
Maxx,
HomeGoods
and
A.J.
Wright
Stores.
For
the
26
weeks
ended
7/28/01,
sales
increased
9%
to
$4.76
billion.
Earnings
decreased
4%
to
$235.6
million.
Net
sales
benefited
from
new
store
openings.
Earnings
were
offset
by
unseasonable
and
harsh
weather
which
resulted
in
greater
markdown,
and
higher
labor-related
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Bernard Cammarata, 61 Chairman | $1.7M | $16.9M | Edmond English, 48 Pres,
CEO, Chairman of The Marmaxx Group | 1.4M | -- | Donald Campbell, 49 CFO,
Exec. VP-Fin. | 1.3M | 1.6M | Richard Lesser, 66 Exec.
VP, Director; Chairman of the Marmaxx Group | 2.9M | 1.8M | Arnold Barron, 53 Exec.
VP, COO- The Marmaxx Group | -- | -- | Dollar
amounts are as of 29-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|