About TJ Maxx
TJ Maxx is an American department store chain. It was founded in 1976 by Bernard Cammarata. It has more than 1000 stores in the United States. It is known for its low price of products from other competitors’ retail stores without reducing product’s quality. They sell clothes, beauty products, bags and homeware and other things. Brand available at TJ Maxx stores Arabella and Addison, Amaryllis and Amphora, etc. TJ Maxx owned by TJX companies. You can also do online shopping.
Difference between TJ Maxx and TK Maxx
TJ Maxx and TK Maxx are both owned by TJX companies. In simple words, TJ Maxx and TK Maxx both sell the same things like clothes, beauty products, bags and homeware even if you go, see the same brands in both stores. However, according to the research, TJ Maxx has better quality products compared to TK Maxx. You can do online shopping and payment at both stores. For example, you can buy clothes at TJMaxx.com and pay with Visa or Mastercard. Additionally, there are more than 1,000 TJMaxx stores in the United States and 618 TKMaxx stores.
Why do TJ Maxx and TK Maxx sell their products at a lower price compared to their competitors?
TJ Maxx is a retailer that specializes in selling clothes at a lower price than its competitors. They try to provide famous and well-known brands to their customers without any middlemen. TJ Maxx buys and over buys clothes from companies, and they also have some contracts with brands which reduces the cost of products.
TJ Maxx revenue, profit margin, net worth and rank
In April, 2022, TJ Maxx made a total of 48.55 billion dollars. This store has a 6.69% profit margin.
Revenue for the last few years has been increasing, reaching a new high in 2017. This increase is likely due to the growth of the economy and the increase in sales of products and services.
In 2020, TJ Maxx had a total revenue of $41,717,000. ..
In 2019, TJ Maxx has increased its sales by $38,973.
In 2018, TJ Maxx had sales of $35,865. This is a decrease from 2017 when the company had sales of $39,902. ..
In 2017, TJ Maxx had a total of $33,184 in sales.
In recent years, TJ Maxx has seen an increase in revenue and net worth. The company has come out of the competition and been respected by its customers.
About TK Maxx’s profits and revenue
TK Maxx is a subsidiary of TJX Companies, and its net worth is approximately $72.47 billion. Last year, net sales were $32.1 billion, but TK Maxx’s sales continually decreased due to the pandemic. Currently, TK Maxx is making a loss. TK Maxx this year is only 0.3% revenue now. Due to the pandemic, customers have more online shopping options with high discounts now. This makes it difficult for TK Maxx to compete and make a profit. ..
Do TJ Maxx and TK Maxx accept afterpay pay?
Some stores do have the option of afterpay, but it is not always available.
Payment options at TJ Maxx and TK Maxx
Cash is the easiest way to pay for things. You can also pay by apple pay in retail stores. Visa, Mastercard, American Express, and Discover are all good options.
How to pay by credit card at TJ Maxx and TK Maxx in-store and online?
To pay by your credit card with some simple steps, you will need to follow these steps:
- Open the account and create a new card.
- Enter your credit card information and sign in.
- Click on the pay by your credit card link to start paying your bill.
You have to enter your account number, please ensure that you are entering the accurate account number Click on make a payment You need to follow the automatic prompts to complete your payment This is free and the agent does not charge any extra fee. You can also pay by mail address, by cheque, and TJ Maxx and TK Maxx try to provide the best service to their customers. ..
Frequently asked questions
You can use the TJX platinum mastercard in any store without paying any foreign transaction fee.
TJ Maxx and TK Maxx are not affiliated with each other. You can use your TJ Maxx card at TK Maxx stores, but not vice versa. ..
Conclusion
Both TJ Maxx and TK Maxx are department store chains that sell the same products, like clothes, beauty products, bags, toys, foods, and homeware. They both have a 40-60% discount on their products.
