Over the last few years, the retail industry has faced significant challenges, including economic uncertainty, shifting consumer habits, and a general slowdown in consumer spending. These pressures have forced many retailers to report declining sales and resort to mass store closures in an effort to stay afloat.

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But while others are downsizing, TJ Maxx is defying all odds by expanding its footprint and announcing the opening of six new stores coming this August, with several set to open within days.

TJ Maxx will open six new stores

The new TJ Maxx  (TJX)  locations opening this month will add to the retailer’s existing network of over 1,270 U.S. stores.

Related: JCPenney strikes massive deal for 119-store sale

List of T.J. Maxx stores opening

• 9850 Brook Road, Glen Allen, Virginia: August 10
• 215 East Main St., Clinton, Connecticut: August 21
• 446 18th St. West, Dickinson, North Dakota: August 24
• 1233 North Lake Drive, Suite E, Saratoga Springs, Utah: August 24
• 945 North Main St., Suite F, Tooele, Utah: August 24
• 5300-B Wisconsin Ave. NW, Washington D.C.: August 28

TJ Maxx is the largest off-price department store chain in the U.S. with around 5,000 locations across nine countries operating under various banners, including Marshalls, HomeGoods, Homesense, and Sierra in North America, and TK Maxx internationally. 

TJ Maxx announces six new store openings in the U.S.

Image source: Scott Olson/Getty Images

TJ Maxx expands stores amid retail industry declines

While major retailers like Macy’s  (M) , JCPenney  (JCP) , and Kohl’s  (KSS)  continue to close locations due to sales declines and rising operational costs, worsened by the recently implemented tariffs, off-price retailers are seeing the opposite effect.

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Last year, TJ Maxx revealed plans to expand its global store count by at least 1,300 new locations, marking a 25% increase. This ambitious move shows the company’s confidence in its business model.

During the first quarter of fiscal 2026, TJ Maxx’s comparable sales were up 3%, driven by increased customer transactions. 

Off-price retailers continue to thrive amid economic uncertainty

Unlike full-price retailers, off-price retailers like TJ Maxx source inventory by purchasing excess or unsold merchandise from other retailers and manufacturers, often for a much lower price and after it has been imported. 

This helps the chain avoid many of the increased costs associated with tariffs and allows it to offer brand-name goods for less, preserving margins while delivering value to customers.

As inflation and economic uncertainty shape consumer behavior, shoppers opt to purchase from retailers offering more value for their money. 

“We are confident in our ability to navigate the current tariff and macro environment in the short-term. Importantly, our vision for long-term growth, profitability and market share opportunities remains the same,” said TJ Maxx CEO Ernie Herrman in the company’s latest earnings call.

Related: Why your favorite retail store is going out of business