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Alfred Marshall (February 28, 1919 – December 28, 2013) was an American businessman who founded Marshalls, a chain of department stores which specializes in overstocked, irregular and out-of-season name brand clothing sold at deeply discounted prices. [1] [2] [3] He opened the original Marshalls in 1956 in Beverly, Massachusetts. [3]
Marshalls store in Erin Mills Town Centre, Mississauga, Ontario, Canada. Marshalls, Inc. is an American chain of off-price department stores owned by TJX Companies.Marshalls has over 1,000 American stores, including larger stores named Marshalls Mega Store (stores operating with HomeGoods combined), covering 49 states and Puerto Rico, and 61 stores in Canada.
The TJX Companies, Inc. (abbreviated TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. [4] It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989.
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The store was soon expanded to 7,500 and then 10,000 square feet, and was replaced in 1962 with a 45,000 square foot unit directly behind it. A second Zayre store opened in September 1956 in the Roslindale section of Boston, a much larger 39,000 square feet. Within a few years, Zayre stores would average 70,000 to 90,000 square feet. [5]
This is a list of department stores of the United States currently operating. This list is incomplete ; you can help by adding missing items . ( October 2023 )
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The new stores were purchased at auction in New York City, where Barkers had filed for bankruptcy in January of that year for financial reasons. New York Department Stores paid approximately $500,000 for their equipment and the leasing rights to the shopping centers where they are located.