TJX to Close A.J. Wright Division

FRAMINGHAM, Mass.--The TJX Cos. will close down its A.J. Wright chain of off-price apparel and home-fashions stores by early next year.

The company will permanently close 71 A.J. Wright stores and convert the remaining 91 in the chain to T.J. Maxx, Marshalls and HomeGoods locations. All A.J. Wright locations will be closed between late January and early February, and it will take about eight weeks for it to convert the locations it is keeping, during which they will remain closed. TJX will also shutter A.J. Wright's two distribution centers and its home office, and the move will result in the elimination of about 4,400 positions in the company.

The TJX statement said this move will allow the retail company to concentrate on businesses that are more profitable and that have "major growth potential." Carol Meyrowitz, president and chief executive officer, said that "we have learned how to serve the A.J. Wright customer with our T.J. Maxx and Marshalls banners, and have seen very strong performance from these stores in demographic markets similar to those in which we have A.J. Wright stores."

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

  • Patti Carpenter Talks Color and its Importance in the Home

    Camera Icon   More Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN August 2017 cover

    HFN's DIGITAL EDITION

    August 2017


    COVER STORY: Sharpening the Focus on Millennials

    Find out what makes Millennials tick when it comes to home decorating, shopping and at-home entertaining with HFN's annual consumer study. Turns out, Millennials favor the in-store shopping experience.


    ALSO IN THIS ISSUE:

    • Power of the People - Crowdfunding campaigns provide needed capital, feedback for home and housewares product launches.
    •  Omnichannel Retailing: Visual Search Takes Off - Learn how voice and visual search are revolutionizing product discovery.