TJX - Sector: Services --- Industry: Department Stores

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The TJX Companies, Inc. (NYSE:TJX) also broke down from a similar triangle base in late June and is currently consolidating in an even tighter triangle just under its previous base. The failure to trade back above the $43 level is bearish and the path of least resistance is for TJX to break down from this new consolidation. The levels to watch would be the low near $40 and more importantly the $43 level just above.

[setravis]

Profile: 

The TJX Companies, Inc.
770 Cochituate Road
Framingham, MA 01701
United States - Map
Phone: 508-390-1000
Fax: 508-390-2091
Website: http://www.tjx.com

Details   
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Services
Industry: Department Stores
Full Time Employees: 154,000


Business Summary   
The TJX Companies, Inc. operates as an off-price retailer of apparel and home fashions in the United States and internationally. Its stores offer apparel, including footwear and accessories; home fashions, including home basics, accent furniture, lamps, rugs, wall decor, decorative accessories, and giftware; jewelry and accessories; men’s and juniors’ offerings; children’s furniture; seasonal merchandise; and other merchandise. The company operates its stores under the T.J. Maxx, Marshalls, HomeGoods, A.J. Wright, Winners, HomeSense, and T.K. MAXX trademarks. As of February 24, 2010, it operated 890 T.J. Maxx, 813 Marshalls, 323 HomeGoods, and 150 A.J. Wright stores in the U.S.; 208 Winners, 79 HomeSense, and 3 STYLESENSE stores in Canada; and 263 T.K. Maxx and 14 HomeSense stores in Europe. The company was founded in 1956 and is based in Framingham, Massachusetts.


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