Off-price retailer TJX cuts workforce as cost saving measure
13 Mar '06
2 min read
The decision to eliminate positions, although very difficult to make, reflects one of many measures their Company is taking to reduce costs and grow their business profitably.
He offers sincere thanks to those Associates affected by this action for their hard work and dedication.
As they move forward, their Company remains strong and focused on delivering improved top- and bottom-line results."
The TJX Companies Inc is the leading off-price retailer of apparel and home fashions in the US and worldwide.
The Company operates 799 TJ Maxx, 715 Marshalls, 251 HomeGoods and 152 A.J. Wright, as well as 35 Bob's Stores, in the United States.
In Canada, the Company operates 174 Winners and 58 HomeSense stores, and in Europe 198 T.K. Maxx stores.