About TJX companies
Generally speaking, the TJX Companies, Inc. which is shortly abbreviated TJX – is an American-based multinational off-price department store corporation. Th eTJX company is headquartered in Framingham, Massachusetts, USA. In 1987, the company was initially formed as a subsidiary of Zayre Corporation and soon became the legal successor to Zayre Corp. by following a company reorganization in late 1989s.
As of 2019, the TJX manages its flagship brand, TJ Maxx (spread in the United States) and TK Maxx (known in Europe). It operates HomeGoods, Marshalls, Sierra, and HomeSense, in the United States, while the Marshalls, HomeSense, and Winners in Canada. Overall, there are more than 4,557 discount stores in the TJX company portfolio situated in around nine countries. TJX also ranked as number 85 in the 2018 Fortune out of the 500 lists of the largest United States corporative companies by its total revenue.
History of the TJX companies
Talking about the history of the TJX companies, it should be mentioned that the original roots of the TJX Companies date to back to the 1977s when the very first T.J. Maxx store appeared and was introduced in Auburn, Massachusetts, USA, as part of the department of discount store chain – Zayre. Later, in June 1987, Zayre launched the TJX Companies as a subsidiary company. Then, in the first half of the 1988s, Zayre discount department chain stores faced operating losses of around $69 million on sales of approximately $1.4 billion.
As it became known, observers blamed technological inferiority, inappropriate pricing, poor maintenance, and inventory pileups, and Zayre was recognized as ripe for takeover. Throughout these periods, however, the TJX Companies subsidiary managed to continue to yield a profit. For example, in October 1988, Zayre Corporation decided to focus only on its energies to TJX. Accordingly, the company sold the chain store of nearly 400 Zayre stores to Ames Department Stores Inc. In exchange, the Zayre company received overall $431.4 million in cash.
Then, the company continued to mainly focus on its core business, to sell unrelated operations such as Home Club and BJ's Wholesale Club, leaving it with one brand – T.J. Maxx. Later, in June 1989, Zayre Corporation soon acquired the outstanding interest in TJX and hence, it merged with the subsidiary. As a result of this merge, the company changed its name from Zayre Corporation companies to The TJX Companies, Inc. The newly created company, The TJX Companies Inc., quickly began trading on the New York Stock Exchange.
In July 2015, the TJX Companies acquired the Home Secret and Trade Secret off-price retail businesses right from Australian company known as the Gazal Corporation Limited. The deal between these companies was completed in December. In October, Ernie Herrman changed the name into CEO of the company and replaced Carol Meyrowitz, who then took over in January 2016. Years later, in November 2019, the TJX company purchased around 25% stake in Russian retailer Familia.
As of Augst 19, 2020, The TJX Companies were impacted by COVID-19. The company continued to deal with the effect of COVID-19 pandemic on its business. The TJX company announced that revenues dropped around 31% over the three months, namely of May, June, and July mainly because of the extensive closures of the chain store shop for around one-third of the period. The TJX Companies later reported a second-quarter of over $214 million loss.
Who can access www MyTjx com website
The website www MyTjx com is restricted, meaning that it is mainly intended for use by Not-for-Resale Suppliers and Associates of The TJX Companies, Inc. On the home page of the MyTjx com, you will see two options to access the site, one option is for an Assosiate user, and the other option is for Not-for-Resale Suppliers.
You should be informed and aware of the fact that the www MyTjx com website is the property of The TJX Companies, Inc. and can only be used by authorized website users for legitimate business purposes of TJX companies. The TJX companies website can monitor and check the use of this web page at any time even without before notice to its users. Hence, the unauthorized use of the MyTjx com can lead to disciplinary and legal action.
How to register for MyTjx credit card account
To register for MyTjx credit card account you need to follow these simple steps given below:
Step 1 – Go to the website at www TJX SYF com /login /register.
Step 2 – To register for MyTjx credit car online access you will need to enter your account number.
Step 3 – Then, you will be asked to enter your billing zip code.
Step 4 – Next, click on the "Continue" button and follow on-screen instructions to complete the registration process.
How to login to MyTjx credit card account
Follow these steps to log in to your MyTjx credit card account:
Step 1 – Visit the website by using the URL: www TJS SYF com /login/.
Step 2 – You will see the login section on the left side of the home page of TJX website. Here, you will have to enter your User ID which is case sensitive and can be different from the one that you use for MyTJX Max.
Step 3 – Then, you will have to enter your password.
Step 4 – This stage is optional. You can tick the box "Remember me" if you want to allow the site to remember your login details to enable to automatically login to your TJX account without entering login credentials. If not, simply leave the box empty and follow the steps.
Step 5 – Once you fill out the information, click on the “Secure login” button and follow the instructions to proceed to your personal MyTJX account.