About TJ Maxx
TK Maxx Vs TJ Maxx,TJ Maxx is an American department store chain. TJ Maxx was founded in 1976 by Bernard Cammarata. It has more than 1000 stores in the United States. It is known for its low price of products from other competitors’ retail stores without reducing product’s quality. They sell clothes, beauty products, bags and homeware and other things. Brand available at TJ Maxx stores Arabella and Addison, Amaryllis and Amphora, etc. TJ Maxx owned by TJX companies. You can also do online shopping. TJ Maxx’s headquarters- Framingham, Massachusetts, United States.
Difference between TJ Maxx and TK Maxx
TJ Maxx and TK Maxx, both are owned by TJX companies. In simple words TJ Maxx and TK Maxx both are the same, they both sell the same things like clothes, beauty products, bags and homeware even if you go, see the same brands in both stores. TJX companies started its first TK store in Bristol, United Kingdom. They changed the name because they didn’t want to create confusion because TJ Hughes was already available TJ Hughes. They both sell their products at a very low price. But according to the research, TJ Maxx has better quality products compared to TK Maxx. You can do online shopping and payment at both stores. TJ Maxx has more than 1,000 stores in the United States and TK Maxx has 618 stores.
Why do TJ Maxx and TK Maxx sell their products at a lower price compared to their competitors?
TJ Maxx reduces the middle and extra price and they try to provide famous and well-known brands to their customers without any middlemen. TK Maxx buys and over buys clothes from companies and they also have some contracts with brands which reduces the cost of products.TK Maxx Vs TJ Maxx, TJ Maxx and TK Maxx sell their products at 40-60% discounts. TJ Maxx provides you with unused and unwashed clothes, TJ Maxx’s products have good quality.
TJ Maxx revenue, profit margin, net worth and rank
TJ Maxx is a fast growing retail store. This year April,2022 it made 48.55 billions dollars. TJ Maxx has 6.69% profit margin.
Last few years revenue ( values are in millions US $)
In 2020, TJ Maxx has $41,717
In 2019, TJ Maxx has $38,973
In 2018, TJ Maxx has $35,865
In 2017, TJ Maxx has $33,184
TJ Maxx has increased revenue year by year. TJ Maxx ranks 2 all over the United States, and TJ Maxx’s net worth is approximately $67.96 billions of dollars. TJ Maxx has come out from the competition and earned the trust of its customers.
About TK Maxx’s profits and revenue
TK Maxx is also owned by TJX companies and TK Maxx’s net worth is approximately $72.47 billions of dollars. Last year net sales were $32.1 billions dollars but TK Maxx’s sales continuously decreased due to the pandemic. Currently, TK Maxx is making a loss. TK Maxx this year is only 0.3% revenue now. Due to the pandemic , customers have more online shopping options with a high discount now. This makes it difficult for TK Maxx. TK Maxx is facing a loss.
Do TJ Maxx and TK Maxx accept afterpay pay?
Completely, you can’t say no, afterpay available at some stores. But most of the stores do not have the option of afterpay.
Payment options at TJ Maxx and TK Maxx
First, cash- cash is the easiest way of payment. You can also pay by apple pay in retail stores. Visa Master cardAmerican expressTJX rewards ® platinum master card ®TJX rewards ® credit card Discover
How to pay by credit card at TJ Maxx and TK Maxx in-store and online?
You can pay by your credit card with some simple steps.
First, you need all your credit card’s and bank account information to fill in the accurate information. Take out your mobile and call the customer service number and don’t forget to select your card type.
If you want to make a payment by your TJX rewards credit card, you have to call on 800-952-6133If you want to pay by your TJX rewards platinum mastercard, call on 877-890-3150
You have to enter your account number, please ensure that you are entering the accurate account numberClick on make a paymentYou need to follow the automatic prompts to complete your paymentThis is free and the agent does not charge any extra fee. You can also pay by mail address, by cheque, and TJ Maxx and TK Maxx try to provide the best service to their customers.
Frequently asked questions
Question- Can you use your TJ Maxx credit card anywhere or in any other stores?
Answer- No, you can use only at TJ Maxx stores. But you can use TJX platinum mastercard in anywhere without paying any foreign transaction fee.
Question- Can you use your TJ Maxx card at TK Maxx stores.
Answer- No, you can’t use your TJ Maxx card at TK Maxx stores but you can make payment for TJ’S partner brands like Marshalls and HomeGoods.
Conclusion
TJ Maxx and TK Maxx both are owned by TJX companies and both are department store chains, you will see almost the same brands in both stores. You can do online shopping in both stores. TJ Maxx and TK Maxx stores sell the same products like clothes, beauty products, bags, toys, foods, and homeware with a 40-60% discount. They sells their products cheaper than any other retail store. In simple words you can say that they both are the same. But TJ Maxx is available in the United States and TK Maxx available in other countries such as the United Kingdom, Australia, Austria and, etc.
