−Removed: We lease virtually all of our store locations, as well as some of our distribution centers and office space.
+Added: We lease virtually all of our store locations, as well as some of our distribution and fulfillment centers and office space.
Most of TJX's leases in the U.S.
and Canada are store operating leases, generally for an initial term of ten years with options to extend the lease term for one or more five-year periods.
−Removed: Store operating leases in Europe generally have an initial term of ten to fifteen years and leases in Australia generally have an initial lease term of seven to ten years, some of which have options to extend.
+Added: Store operating leases in Europe generally have an initial term of ten to fifteen years and leases in Australia generally have an initial term of ten years, some of which have options to extend.
Some of the Company's leases have options to terminate prior to the lease expiration date.
56 unchanged sentences
Total Stores 2,516 95 974 3,585
−Removed: (a) Marmaxx operates T.J.
−Removed: Maxx and Marshalls.
+Added: (a) Marmaxx operates TJ Maxx and Marshalls.
HomeGoods operates HomeGoods and Homesense.
11 unchanged sentences
Total Stores 302 158 106 566
−Removed: Maxx Homesense Total
+Added: Europe TK Maxx Homesense Total
United Kingdom 355 77 432
5 unchanged sentences
Total Stores 644 79 723
−Removed: Australia T.K.
+Added: Australia TK Maxx
Australian Capital Territory 3
2 unchanged sentences
South Australia 4
+Added: Western Australia 2
Total Stores 80
DISTRIBUTION CENTERS
−Removed: The following is a summary of our primary owned and leased distribution and fulfillment centers as of January 28, 2023.
+Added: The following is a summary of our primary owned and leased distribution and fulfillment centers as of February 3, 2024.
Square footage information for the distribution and fulfillment centers represents total “ground cover” of the facility.
−Removed: Square footage in millions Owned (sq/ft) Count Leased (sq/ft) Count Total (sq/ft) Total Count
+Added: Owned Leased Total
+Added: Square footage in millions Sq/ft Count Sq/ft Count Sq/ft Count
Marmaxx 9 9 5 9 14 18
6 unchanged sentences
Additionally, we own and lease additional office space throughout the United States and in various countries.
−Removed: As of January 28, 2023, TJX owned and leased a combined 3.3 million square feet of office space, primarily within the United States.
+Added: As of February 3, 2024, TJX owned and leased a combined 3.4 million square feet of office space, primarily within the United States.
Square footage information for office space represents total space owned or leased.
Legal Proceedings
−Removed: See Note N—Contingent Obligations, Contingencies, and Commitments of Notes to Consolidated Financial Statements for information on legal proceedings.
+Added: See Legal Contingencies in Note N—Contingent Obligations, Contingencies, and Commitments of Notes to Consolidated Financial Statements for information on legal proceedings.
Mine Safety Disclosures
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.