TJ Maxx, Marshalls, Burlington to Open 2,110 New Stores by 2026

UPDATE: Major off-price retailers, TJ Maxx, Marshalls, and Burlington, have just announced ambitious expansion plans. The three brands are set to open a staggering 2,110 new stores in 2026, exceeding initial corporate expectations and promising thousands of new job opportunities.

Under the umbrella of The TJX Companies, both TJ Maxx and Marshalls aim to significantly grow their presence by targeting a total of 7,000 locations worldwide. Currently, there are 5,000 stores in operation, with 2,000 new stores being actively considered. While specific allocations among brands like HomeGoods, Homesense, and Sierra remain unclear, this expansion marks a pivotal moment for the retailer.

According to Retail Dive, these plans surpass TJX’s previous forecast of 1,300 new locations by May 2024. Over the past two months, at least six new TJX stores have already broken ground in states including Kansas, Ohio, Mississippi, New York, and Washington. However, it’s still uncertain if these will count towards the upcoming 2,110 store plan.

In a recent earnings call, TJX executives emphasized their commitment to delivering value and variety through these new openings. Burlington has also confirmed plans to open a minimum of 110 new stores in 2026, bolstered by its acquisition of 45 former Joann leases. This comes after Joann closed all its U.S. locations in May due to bankruptcy.

Burlington’s Chief Financial Officer, Kristin Wolfe, expressed confidence in their growth strategy, stating, “This is a modest step up from our original plan of 100 new stores. These incremental sites really give us confidence in sustaining the high level of growth next year.”

Looking ahead, Burlington plans to open 104 new stores by the end of 2025. In the third quarter of this year alone, Burlington opened 73 locations but also closed 18 in November. Their current U.S. store count has now reached 1,211.

This significant expansion from TJ Maxx, Marshalls, and Burlington is expected to reshape the retail landscape, impacting consumers with more shopping options and potential job creation. As these companies continue to prioritize affordability and variety, the retail sector will be watching closely for the outcomes of these ambitious plans.

Stay tuned for more updates on this developing story, as the retail giants pave the way for a transformative 2026.