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With over $17 billion in revenues in 2006, eight businesses, more than 2,400 stores, approximately 125,000 Associates, The TJX Companies, Inc. is the largest apparel and home fashions off-price retailer in the U.S. and worldwide. TJX ranked 133rd in the most recent FORTUNE 500 rankings. TJX's off-price concepts include T.J. Maxx, Marshalls, HomeGoods, and A.J. Wright in the U.S., Winners and HomeSense in Canada, and T.K. Maxx in Europe. Bob's Stores is a value-oriented, casual clothing and footwear superstore in the U.S. The power of the off-price concept, with its compelling values on brand-name apparel and home fashions and rapidly changing merchandise assortments, forms the foundation of our Company's leadership position. Our off-price mission is to deliver quality, brand name merchandise at prices that are 20-60% less than department and specialty store regular prices, every day. The exciting treasure-hunt experience of shopping our off-price concepts attracts a passionate and loyal customer base. TJX operates on a flexible business model, with a low cost structure. Additionally, all of our off-price concepts operate on the same business platform, which is an important advantage, as experience, ideas and best practices can be easily shared across divisions. Our confidence in TJX is grounded in the Company's extremely solid financial foundation, which allows us to simultaneously grow our businesses and return value to shareholders. We accomplished a great deal in 2006, which was a pivotal year for our Company. In 2007, our chief goal remains to drive profitable sales growth and we plan to build upon the achievements of the past year. With a strengthened management team, we move forward with great momentum and an energized, results-driven organization. Our focus continues to be executing the fundamentals of our off-price concept that have made this Company great. We see many opportunities to drive growth, including merchandise initiatives, and more effective marketing, and we will continue to strategically manage costs. To learn more about The TJX Companies, please visit http://www.tjx.com/index.html |