TK Maxx

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TK Maxx

Type	Off-price department store
Founded	1994
Headquarters	Watford, United Kingdom
Industry	Retail
Products	Clothing, footwear, bedding, furniture, jewellery, beauty products, toys and housewares.
Slogan	"Designer Labels for Less"
Website	www.tkmaxx.com

TK Maxx is a chain of off-price department stores in the United Kingdom and the Republic of Ireland. The company is part of the TJX Companies which also owns other department store companies such as T.J. Maxx. They offer brand name clothing, footwear, bedding, furniture, beauty products, and housewares.

1 History
2 Credit card fraud
3 Notes
4 See also
5 External links

[edit] History

The first TK Maxx opened in Bristol in 1994. During 2006, the 210th store opened.

TK Maxx' US parent company T.J. Maxx adopted the name TK Maxx to avoid confusion with the existing but separate discount chain T.J. Hughes.

2007 will see a slowing down of new store openings for the company within the U.K. Focus will now be given to revamping older inner city stores and developing individual brands, such as Kids Maxx and Maxx Home.^{[citation needed]}

2007 will also see the company's expansion into the German market, hopefully this will be more successful than the company's earlier attempt at opening stores in the Netherlands.

2007 TK Maxx was an active participant of Comic Relief having been the sole retailer of the Red Nose Day t-shirts which generated £1.9m to the Comic Relief cause.

[edit] Credit card fraud

In March 2007, the company was at the centre of a major credit card fraud scandal. TK Maxx said that details of credit cards and debit cards customers used in store have been stolen by computer hackers, potentially exposing millions of customers to theft. According to the store this affects customers who used their card between January 2003 and June 2004 at any branch of TK Maxx.^[1]