As of May 5, 2018, the company operated a total of 4,141 stores including: 1,231 TJ Maxx, 1,073 Marshalls, 6690 Homegoods, 32 Sierra Trading Post and 4 Homesense stores in the US; 269 Winners, 117 Homesense and 78 Marshalls stores in Canada; 549 TK Maxx & 55 Homesense stores in Europe; and 41 Trade Secret stores in Australia.
During the fiscal 2018, the company opened 258 net new stores, and expects to open 238 net new stores in fiscal 2019. The company opened 71 net new stores in the first quarter of fiscal 2019. Long term, the company believes there is the potential for 6,100 stores globally.
Virtually all store locations are leased and are generally located in community shopping centers. Leases are generally for 10-year terms with options to extend the lease term for one or more 5-year periods in the U.S. and Canada, 10 to 15-year terms in Europe, and 7 to 10-year periods in Australia. TJX has the right to terminate some of these leases before the expiration date under specified circumstances and some with specified payments.
TJ Maxx stores average approximately 27,900 gross sq ft, Marshalls US stores average approximately 29,400 gross sq ft, HomeGoods stores average approximately 23,500 gross sq ft and Sierra Trading Post stores average approximately 22,200 gross sq ft; Winners Canada stores average approximately 28,000 gross sq ft, HomeSense Canada stores average approximately 23,100 gross sq ft, and Marshalls Canada stores average approximately 27,400 gross sq ft; TK Maxx Europe stores average approximately 29,300 gross sq ft and HomeSense Europe stores average approximately 20,000 gross sq ft; and Trade Secret Australia average approximately 21,100 gross sq ft.
|Total gross square feet (M)||113,100||111,700||106,900||102,400||97,600||93,300|
|Total gross square feet growth||4.9%||4.5%||4.4%||4.9%||4.6%||4.7%|
|Avg store gross sq ft||27,300||27,400||28,000||28,300||28,700||29,000|
|Avg store gross sq ft growth||-2.2%||-2.1%||-1.0%||-1.4%||-0.8%||-0.8%|