TJX to open 146 stores; three-fourths in the U.S.

Driven by strong sales in 2025 and a solid start to 1Q2026, The TJX Companies, Inc. plans to open 146 new stores in 2026, bringing its total global footprint over 5,300. Nearly three-quarters of new store openings will be in the U.S.

The company also plans over 540 remodels of existing stores and plans to relocate ~40 others to better-performing sites this year. The latter proves that just because the store a leasing person wants is already located in a nearby shopping center, the retailer can be convinced to relocate the store.

The retail chain is a big believer in brick-and-mortar retail and has proven success in drawing customers to its stores year after year. "We remain confident that in-store shopping is not going away and believe our focus on offering customers an exciting treasure hunt shopping experience every day will continue to serve us well," CEO Ernie Herrman said in the earnings call this week.

T.J. Maxx and Marshalls remain the company’s largest brands, with over 2,500 combined U.S. locations.

HomeGoods is the brand with the largest long-term store growth potential. TJX aims to nearly double this concept's U.S. footprint from ~1,000 to 1,800 locations over the next decade. Homesense, a newer U.S. home concept (distinct from HomeGoods) focuses on large-scale furniture and decor.

Sierra, the activewear and outdoor concept is a key growth vehicle, with plans to eventually reach over 325 stores nationwide.

Read more: TJX goes on offense as rivals struggle to keep pace (EMarketer)