Framingham, MA—The TJX Companies, Inc., a leading off-price retailer of apparel and home fashions, plans to consolidate its A.J. Wright division.
Framingham, MA—The TJX Companies, Inc., a leading off-price retailer of apparel and home fashions, plans to consolidate its A.J. Wright division by converting 91 A.J. Wright stores into T.J. Maxx, Marshalls or HomeGoods stores. The remaining 71 A.J. Wright stores, as well as its two distribution centers and home office, will be closed. Because of the 91-store conversion, approximately 3,400 associates in these stores will remain employed by TJX, including the 8-week interim when the stores will be closed for conversion. In total, TJX estimates that approximately 4,400 positions will be eliminated. All 162 A.J. Wright will begin closing between late January and mid-February 2011, with the 91-store conversion estimated to take 8 weeks.