The Truth About TJ Maxx Store Closings: Are Your Local Stores Safe?

TJ Maxx is closing a few stores while opening dozens more, and that is the part most “store closing” headlines leave out.

Key Takeaways

• No company-wide closure plan has been announced. In the quarter ended August 1, 2026, TJX added 23 stores and reached 5,285 locations, per its SEC filing.
• TJ Maxx’s own U.S. count rose from 1,354 to 1,359 in that quarter (same filing).
• The best-known closure is Boston’s Newbury Street flagship. TJX told the state it would lay off 117 employees beginning January 5, 2026, according to NBC Boston.
• Individual stores can still close. Off-price chains routinely trim weak locations while expanding elsewhere.

Source: TJX Q2 FY2027 earnings release on SEC.gov.

Is TJ Maxx Closing Stores in 2026?

Yes, a few. No, not in the way struggling retailers do.

Retail overall is shrinking in places. Business Insider counted more than 1,200 U.S. store closures so far this year, according to a roundup carried by AOL, including Macy’s, which is closing around 150 locations through 2026, and Pizza Hut, which is closing around 250 underperforming restaurants.

TJ Maxx belongs in a different bucket. Its parent is growing the store base, not shrinking it.

The Newbury Street Closure, Explained

The three-story Back Bay store at 360 Newbury Street was the most visible closure. TJX filed a Worker Adjustment and Retraining Notification (WARN) with the state, and layoffs were slated to begin January 5, 2026 (NBC Boston).

TJX has framed such moves as routine real estate decisions rather than distress. That is consistent with the numbers below.

How Is the Business Actually Doing?

Source: TJX Form 10-Q on SEC.gov.

One soft spot: the U.S. apparel division that includes TJ Maxx and Marshalls (Marmaxx) posted comparable sales growth of only 1%, below management’s expectations, while HomeGoods and the international divisions outperformed (Just Style). A weaker core division is the kind of thing that can lead to pruning individual stores, even in a healthy company.

The Expansion Plan

TJX plans to accelerate store growth to roughly 4% a year starting in fiscal 2028 and raised its long-term global store target by 500 to 7,500 locations (Just Style). Companies planning to add hundreds of stores a year are not winding down.

Are Your Local Stores Safe?

Nobody outside TJX can promise that a specific store will stay open, but you can read the signals:

1. Check for WARN notices. Large closures trigger state filings, which local business journals often report.
2. Look for lease and mall news. Stores in redeveloped or declining centers are most exposed.
3. Watch for relocations. Many “closings” are moves to a better site nearby.
4. Use the official store locator. It reflects current status faster than social media rumors.
5. Be skeptical of viral lists. Many “closing locations” posts recycle old stories or confuse different chains.

Why Do Rumors Spread?

Search interest spikes whenever a well-known store closes. Because retail headlines are dominated by bankruptcies and mass closures, a single TJ Maxx closure gets read as part of that pattern even when the data says otherwise.

Frequently Asked Questions

Is TJ Maxx going out of business?

No. Sales, profit, and store count were all up in the latest quarter (SEC).

How many TJ Maxx stores are there?

1,359 in the U.S. as of August 1, 2026, and 5,285 stores across all TJX banners (SEC).

Which TJ Maxx store closed in Boston?

The Newbury Street location in Back Bay (NBC Boston).

Is TJX opening more stores?

Yes, with a stated target of 7,500 stores globally (Just Style).

Does a closing mean employees lose their jobs?

Not always. In prior TJX closures, the company said affected workers were offered positions at nearby stores; check the specific notice for details.

In retail, a closing sign on one door often means a bigger door is opening somewhere else.