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Who Owns HomeGoods?

Published in Retail Ownership 2 mins read

HomeGoods is owned by TJX Companies, a prominent American multinational off-price department store corporation.

The Parent Company: TJX Companies

TJX Companies, Inc. is a global leader in the off-price retail sector. Headquartered in Framingham, Massachusetts, U.S., TJX operates various retail chains that offer merchandise at prices generally 20% to 60% below regular retail. Their business model focuses on opportunistic buying, acquiring brand-name merchandise and designer items from manufacturers and other vendors, then selling them quickly. This allows them to offer a constantly changing assortment of products.

About HomeGoods

HomeGoods specializes in a diverse range of home furnishings and decor. Shoppers can find an ever-changing selection of:

  • Furniture: Sofas, chairs, tables, and more.
  • Linens: Bedding, bath towels, and kitchen textiles.
  • Cooking Products: Bakeware, cookware, and kitchen gadgets.
  • Art: Wall art, sculptures, and decorative pieces.
  • Other Home Accessories: Lighting, rugs, decorative pillows, and storage solutions.

The store's unique appeal lies in its treasure-hunt shopping experience, offering brand-name and designer home fashions at significant savings.

Sister Brands Under TJX Companies

HomeGoods is part of a larger family of well-known retail brands operated by TJX Companies. These sister companies also adhere to the off-price model, each catering to slightly different market segments but sharing the same parent corporation.

Here are some of the key sister brands:

Brand Name Primary Focus
HomeGoods Home furnishings, decor, and accessories
T.J. Maxx Apparel, home goods, and accessories
Marshalls Apparel, footwear, and home goods
Sierra Trading Post Outdoor recreation, apparel, and footwear

For more information on TJX Companies and its portfolio of brands, you can visit their official website at TJX.com.