No, Ross is not owned by TJ Maxx. While both are prominent names in the off-price retail sector, they operate under entirely separate corporate structures.
Independent Operations in Off-Price Retail
Ross Stores, Inc. is an independent American chain of off-price department stores. Operating primarily under the name Ross Dress for Less, it is headquartered in Pleasanton, California. As a distinct corporate entity, Ross manages its own operations, supply chain, and strategic direction, entirely separate from other retailers in the market.
Understanding Major Off-Price Retailer Ownership
In the competitive off-price retail landscape, Ross stands as the third largest retailer in the United States. Its primary competitors, T.J. Maxx and Marshalls, are both part of the larger TJX Companies portfolio. This means that while T.J. Maxx and Marshalls share common ownership under TJX Companies, Ross operates independently as Ross Stores, Inc.
Key Off-Price Retailers and Their Parent Companies
To clarify the distinct ownership structures within the off-price retail segment, consider the following breakdown:
| Retailer | Parent Company | Notes |
|---|---|---|
| Ross | Ross Stores, Inc. | Operates as Ross Dress for Less |
| T.J. Maxx | TJX Companies | One of the largest off-price retailers |
| Marshalls | TJX Companies | Also a major off-price retailer |
This distinction highlights that despite their similar business models and target demographics, these retail chains are not related through common ownership, underscoring the diverse corporate structures within the retail industry.
