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TJ Maxx store closings outnumbered by new openings
USA Today • • business
Key Points:
- The TJX Company has opened 11 net new TJ Maxx stores in the first half of fiscal 2027, ending August 1, 2026, and plans to continue expanding with more store openings in the second half of the year.
- Despite recent closures of three TJ Maxx stores in Maryland and Boston, the company confirmed no additional store closures are planned beyond these locations.
- As of August 1, 2026, TJ Maxx operated 1,359 stores, an increase of five from the beginning of the quarter, contributing to the company's global total of over 5,300 stores across 10 countries.
- The company aims to accelerate store openings to 4% annually starting next year and targets a long-term growth to 7,500 stores worldwide within its existing retail banners and countries.
- New TJ Maxx stores are opening soon in various locations including Iowa, North Carolina, Texas, Idaho, Pennsylvania, Arizona, Florida, and Oklahoma, while closures occurred at specific sites in Boston, Silver Spring, and Cumberland, Maryland.
