2 discount retailers are closing stores – find out about locations & final sales

American department store chain TJ Maxx has announced it will be closing some of its stores at key locations in major cities.

The brand, selling clothing and other items at prices generally lower than other major similar stores, has more than 1,000 stores in the United States, making it one of the largest clothing retailers in the country. TJ Maxx is the flagship chain of the TJX Companies, a department store corporation with major brands as subsidiaries, including Marshalls, HomeGoods, HomeSense, and TK Maxx in the UK.

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The stores sell men’s, women’s and children’s apparel, as well as shoes, toys, bath and beauty products, accessories, jewelry, and home products ranging from furniture and decor to housewares and kitchen utensils. TJ Maxx and Marshalls specifically, operate as sister stores sharing a similar footprint throughout the country.

Their prices are nearly identical and they have similar store layouts. However, Marshalls has a more upscale appearance than TJ Maxx and typically sells a larger range of fine jewelry and accessories. Some higher-volume stores have a high-end designer department called The Runway.

In early October, the company closed a location in St. Paul, Minnesota. A store employee reportedly told the US Sun at the time that during the liquidation sale at the shop, customers had access to up to 20% discount.

TJ Maxx spokesperson Monica Crocetti said in a statement: “We are always assessing and reviewing our real estate strategies, and our decision to close this store reflects that thinking. We are grateful for the loyalty of our Chicago customers and invite them to visit our nearby stores to continue to find great values.”

Are Marshall stores closing?

The Bronx-based Marshalls chain in New York has announced that it will close its store at 610 Exterior Street in early January, 2024, due to “economic” reasons. The chain did not provide further information about the future of the store and 100 employees. The company only informed the country that layoffs will begin on January 10, 2024.

However, shoppers in the Bronx still have a choice between three department stores, at these locations: 2952 3rd Ave, Bronx , NY 10455; 845 White Plains Road, Bronx (Bruckner), NY 10473; and 1450 East Ave, Bronx, NY 10462.

Which TJ Maxx stores are closing?

Apart from the store at 610 Exterior Street in New York, another large department store in the city is expected to shut its doors for good soon. The closing location of TJ Maxx is located at 503 Fulton Street in Brooklyn. Another 69 non-union workers of the company who were employed at the store will reportedly leave the company in early January after the peak of the holiday season.

The reason for the closure is “financial”, the company said, but no further details were given. The company is laying off 69 non-union employees who worked at the site. Customers will still be able to head to two locations in Brooklyn which will remain open. These are 1630 East 15th St, Brooklyn, NY 11229 and 410 Gateway Drive, Brooklyn, NY 11239.

TJ Maxx closing in Chicago

Another store at the TJ Maxx location of 1008 S. Canal Street will close by January 6, according to Block Club Chicago. The location has been open since 201 , and the company said they are “assessing and reviewing our real estate strategies, and our decision to close this store reflects that thinking.”

Customers in Chicago can still visit five other stores: 11 North State Street, Chicago, 60602; 2739 N Clark St, Chicago, 60614; 3262 West Belmont Ave, Chicago, 60618; 4932 South Kedzie Ave, Chicago, 60632; 6456 West Irving Park Rd, Chicago, 60634; 6165 N Lincoln Ave, Chicago, 60659.

CEO Ernie Herrman said on the Q2 earnings call in August: “I am particularly pleased with the performance of our largest division, Marmaxx, which delivered high single-digit increases in both comp sales and customer traffic. Our overall apparel and accessories sales were very strong. And our overall home sales significantly improved and returned to positive comp sales growth. Clearly, our terrific mix of branded, fashionable merchandise and great values resonated with shoppers when they visited our stores.”