TJX Decides to Fold A.J. Wright
February 25, 2011-- Home Textiles Today,
The TJX Companies plans to shutter its A.J. Wright operations, converting 91 stores to its T.J. Maxx, Marshalls or HomeGoods formats, and closing the remaining 71 stores plus its two distribution centers and home office.
The move will cut 4,400 jobs from the company payroll, nearly half of them part-time positions.
The company now expects the Marmaxx division to grow to 2,300 to 2.400 stores, which is 300 to 400 more
stores than its had originally projected. The stores are to close between late January and mid February.