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Our mission is to deliver great value to our customers every day Franchising is a business strategy used by companies to expand their footprint across different markets But, is tj maxx a franchise? Without the need to coordinate with franchisees, tj maxx can quickly adjust its merchandise mix, pricing strategy, and promotional activities to meet the evolving needs and preferences of its customers. [4] it was formed as a subsidiary of zayre corp In 1987, and became the legal successor to zayre corp Following a company reorganization in 1989 As of 2019, tjx operates tj maxx (in the united states) and tk maxx (in australia and europe. The estimated investment range for a tj maxx franchise varies depending on several factors, including store setup costs, inventory procurement, operational expenses, and initial franchise fees On average, prospective franchisees can expect to invest between $1 million to $2 million to get started. Owns and manages all of its tj maxx locations, along with its other popular brands like marshalls, homegoods, homesense, and sierra Their business model relies on a centralized, opportunistic buying strategy and a highly efficient supply chain.