Marshalls is indeed a large company, operating as a subsidiary of TJX Companies, one of the world's leading off-price retailers.
Size and Scope
- Revenue: TJX Companies, Marshalls' parent company, generated over $47 billion in revenue in 2022.
- Stores: Marshalls operates over 1,100 stores across the United States, as well as locations in Canada and Puerto Rico.
- Employees: TJX Companies employs over 250,000 people worldwide.
Market Presence
Marshalls is a major player in the off-price retail sector, competing with other large companies like:
- T.J. Maxx: Another subsidiary of TJX Companies, T.J. Maxx offers a similar selection of discounted merchandise.
- Ross Dress for Less: A competitor known for its wide selection of clothing and home goods at discounted prices.
- Burlington Stores: Another major off-price retailer with a focus on apparel, home goods, and footwear.
Conclusion
Based on its revenue, number of stores, employees, and market presence, Marshalls can be considered a large company. Its parent company, TJX Companies, is a global leader in the off-price retail industry.
