want to become wealthy.

Part 1. What Is TJX? — The Throne of Off-Price Retail The TJX Companies, Inc. (ticker: TJX) is the world’s largest off-price retailer. Founded in 1976 in Massachusetts, it has grown into a global retail empire operating about 4,950 stores worldwide. Its strength is simple: it buys brand-name apparel, home goods, and décor that didn’t sell through at full-price retailers, then offers them to consumers at 20–60% off. Flagship banners include: T.J. Maxx / Marshalls: Mainstream fashion—apparel, footwear, bags, accessories. HomeGoods / HomeSense: Furniture, kitchenware, and décor across everyday living. Winners (Canada), TK Maxx (Europe): International expansions of the concept. Sierra: Discount outdoor and sporting goods. Management repeatedly hammers the same strategy: > “We buy branded merchandise low and sell it low. Shoppers get a treasure-hunt experience every time.” If department stores sell a “luxury experience,” TJX sells practicality and the thrill of discovery. ---...