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T.J. Maxx is closing stores: Updated list of doomed locations for 2026

T.J. Maxx closed two of its most recognizable stores earlier this year. The discount chain operates more than 1,300 stores nationwide and is the flagship brand in TJX’s global footprint of nearly 5,000 locations, which also includes Marshalls, HomeGoods, HomeSense, and Sierra. In Boston, the three-story Newbury Street location closed on January 5 after nearly a decade in business. This closure…

T.J. Maxx is closing stores: Updated list of doomed locations for 2026

In 2026, T.J. Maxx announced closures of two notable stores. The flagship brand under TJX's umbrella, which includes Marshalls, HomeGoods, HomeSense, and Sierra, operates over 1,300 stores nationwide. The first closure was in Boston, Massachusetts, at the Newbury Street location, which had been in business for nearly a decade before closing on January 5.

This decision affected 117 employees, most of whom were offered positions at nearby T.J. Maxx stores. The second store closure was in Silver Spring, Maryland, at the Ellsworth Place mall location, ending a 10-year tenure and impacting around 60 workers. T.J. Maxx has been managing its real estate strategies, with a spokesperson stating that these closures are part of their typical real estate management decisions.

Despite these closures, TJX has experienced 34 consecutive years of comparable sales growth, even as inflation has led more shoppers to seek value retailers. The company has raised its long-term target for store locations to 7,500, indicating continued growth despite the closures. Analysts predict that more closures will occur in older, high-rent urban locations, while new stores will open in suburban and secondary markets, reflecting a rebalancing of the company's footprint.

Written by urgent.news from Fast Company's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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