TJX Companies announced a pair of international endeavors this summer, with hopes its 'secret sauce' can sweeten the investments.
TJX Companies is adding new countries to its treasure-hunting map — looking to further boost business outside its strong U.S. marketplace. The Massachusetts-based owner of T.J. Maxx and Marshalls announced a pair of international endeavors this summer: a joint venture with Mexico's Grupo Axo and an investment in Dubai-based Brands for Less. These moves add to TJX's existing global presence — spread across Canada, six European countries including the U.K.
Shoppers come and go the TJ Maxx store at the Mall at Prince George's on August 17, 2022 in Hyattsville, Maryland.
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