Content about Marshalls

January 2, 2014

Alfred Marshall, who founded the Marshalls chain in the mid-1950s with the motto “Brand Names for Less,” died on Saturaday in Boca Raton, Fla. He was 94.

New York — Alfred Marshall, who founded the Marshalls chain in the mid-1950s with the motto “Brand Names for Less,” died on Saturaday in Boca Raton, Fla. He was 94.

In 1976, Marshall and his partners sold the company, which consisted of 36 stores in New England and California, to the Melville Corporation. IN 1995, TJX bought Marshalls, by which time it had grown to nearly 500 locations.

December 27, 2012

Some are merchants, with long careers in brick-and-mortar stores. Others are tech trailblazers, using new media to match merchandise and buyers. Others are influencing retail in less direct, but no less significant, ways. All share an ability to create new opportunities and, in their own way, are looking to reinvent the shopping experience. And all wield a great deal of influence in today’s complex retail landscape.

January 4, 2012

The TJX Cos. announced several senior management shifts, including moving current Marmaxx Group head Michael MacMillan to the company’s European division.

Framingham, Mass. -- The TJX Cos. announced Wednesday several senior management shifts, including moving current Marmaxx Group head Michael MacMillan to the company’s European division.

MacMillan, who has been in charge of the company’s largest division comprised of T.J. Maxx and Marshalls, will now be senior executive VP of TJX Europe. MacMillan replaces Paul Sweetenham, who recently resigned.

The current president of HomeGoods, Richard Sherr, will return to Marmaxx Group as senior executive VP.

July 25, 2011

Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 25,000 sq. ft. for a T.J. Maxx store in the Aroostook Center Mall in Presque Isle, Maine.

Presque Isle, Maine -- Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 25,000 sq. ft. for a T.J. Maxx store in the Aroostook Center Mall in Presque Isle, Maine.

T.J. Maxx will join Lowes, Sears, J.C. Penney and others in this project. This 525,000-sq.-ft. center is owned by Sitt Assett Management.

Charter Realty currently represents TJX Cos. for their T.J.Maxx, Marshalls, Marshalls Shoes and HomeGoods divisions in various markets throughout the Northeast.
 

February 23, 2011

TJX Cos. reported a 15% drop in fourth-quarter earnings, dragged down by costs to close its A.J. Wright store division.

Framingham, Mass. -- TJX Cos. reported a 15% drop in fourth-quarter earnings, dragged down by costs to close its A.J. Wright store division. The company also plans to repurchase $1.2 billion of its stock this fiscal year and raise its dividend.

The retailer earned $334.4 million in the three months ended Jan. 29, compared with $394.9 million in the same period last year.

Revenue rose 6.5% to $6.33 billion. Same-store sales were up 2% over the prior year’s strong 12% increase.

January 18, 2011

Cedar Shopping Centers said Tuesday it has closed on the acquisition of Colonial Commons in Lower Paxton Township, Pa.

Port Washington, N.Y. -- Cedar Shopping Centers said Tuesday it has closed on the acquisition of Colonial Commons in Lower Paxton Township, Pa. The property was purchased for approximately $49.1 million from affiliates of Centro Properties Group.

The 487,000-sq.-ft. shopping center covers approximately 37 acres, is 93% leased and is anchored by Giant Food Stores. Other tenants include Dick's Sporting Goods, L.A. Fitness, Ross Dress For Less, Marshalls, JoAnn Fabrics and David's Furniture.

December 16, 2010

A report Thursday by the Toronto Star said that Marshalls will open its first Canadian stores in 2011.

Toronto -- A report Thursday by the Toronto Star said that Marshalls will open its first Canadian stores in 2011. Four new stores are currently slated to open next year, according to RioCan Real Estate Investment Trust, which is handling the market entry for Marshalls.

The first three Marshalls are set to open next spring, according to RioCan president and CEO Ed Sonshine. A fourth store, to be housed in a 50,000-sq.-ft. former nightclub, will not open until later in 2011.

December 10, 2010

TJX Cos. said Friday it will close its A.J. Wright discount stores by mid-February, cutting 4,400 jobs.

Framingham, Mass. -- TJX Cos. said Friday it will close its A.J. Wright discount stores by mid-February, cutting 4,400 jobs. The move comes as the company’s T.J. Maxx and Marshalls chains have become better at attracting the lower-income customers that A.J. Wright targeted.

Ninety-one A.J. Wright stores will be converted into T.J. Maxx, Marshalls or HomeGoods stores, and 71 stores and two DC’s will close entirely. About 3,400 employees will keep their jobs and another 4,400 – half part-time and half full-time – will be cut.

November 16, 2010

The TJX Cos.' fiscal third-quarter earnings rose 7%, topping its own forecasts, as the discount retailer's sales improved.

Framingham, Mass. -- The TJX Cos.' fiscal third-quarter earnings rose 7%, topping its own forecasts, as the discount retailer's sales improved.

The company reported a better-than-expected profit of $372.3 million, up from $347.8 million in the year-ago period. Net sales rose 5% to $5.53 billion, from $5.24 billion. Same-store sales increased 1%.

October 7, 2010

Target Corp. opened a 180,000-sq.-ft. store on Wednesday at Sky View Center, an 800,000-sq.-ft. shopping...

October 6, 2010

Target Corp. is laying the groundwork for expanding into Canada as representatives of the chain...

August 16, 2010

TJX Cos. said Tuesday that net income for the second quarter increased more than 16%,...

July 20, 2010

Centro Properties Group said Tuesday that a 26,021-sq.-ft. lease has been executed with Marshalls at...

July 19, 2010

TJX Cos. said Tuesday that it will expand its Marshalls store chain into Canada, with...

September 30, 2009

Venda, a provider of an on-demand e-commerce platform, recently launched a site for TJX Group,...

January 21, 2009

TJX Cos. is offering a 15% discount to its customers in appreciation for their loyalty...

August 4, 2008

The Department of Justice on Tuesday charged 11 people, including residents of at least five...

August 4, 2008

The Department of Justice on Tuesday charged 11 people, including residents of at least five...

July 24, 2008

The TJX Cos. will open a freestanding shoe store in Yonkers, N.Y., called the Shoe...

July 24, 2008

TJX Cos. is reportedly in discussions to sell its money-losing Bob's Stores, Bloomberg reported on...

September 24, 2007

Framingham, Mass., Hackers...

September 23, 2007

Boston, The TJX...

April 30, 2007

Alot has been written about the TJX Cos. Inc.’s data breach since it was first...

September 25, 2005

Washington, D.C., The...

September 25, 2005

Washington, D.C., The...