While the HomeGoods retail chain itself was established in 1992, its corporate lineage traces back much further to a foundational company. This original enterprise, which laid the groundwork for HomeGoods' parent organization, was known as the New England Trading Company.
The Historical Foundation of HomeGoods
The roots of the retail entity that eventually spawned the HomeGoods brand extend back nearly a century before its stores first opened their doors. In 1919, two visionary brothers, Max and Morris Feldberg, established a business that would evolve into the major retail conglomerate owning HomeGoods today.
This foundational company was initially called the New England Trading Company. This enterprise served as the precursor to various retail ventures, eventually leading to the formation of TJX Companies, Inc., the current parent company of HomeGoods, along with other well-known retailers like TJ Maxx and Marshalls.
Key Details of HomeGoods' Ancestral Company
For a clear overview of the original entity from which HomeGoods' corporate history descends, refer to the details below:
- Original Company Name: New England Trading Company
- Founding Year: 1919
- Founders: Max and Morris Feldberg
A summarized view of the foundational history related to HomeGoods' origins:
| Aspect | Detail |
|---|---|
| Original Company Name | New England Trading Company |
| Founding Year | 1919 |
| Founders | Max and Morris Feldberg |
| Relationship to HomeGoods | This foundational company is the precursor to TJX Companies, Inc., the parent organization that launched the HomeGoods brand in 1992. |
