The TJX Companies, Inc. Reports Strong September 1999 Sales

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Oct. 7, 1999--The TJX Companies, Inc. (NYSE:TJX) today reported September 1999 sales results. Sales for the five week period ended October 2, 1999 were $852 million, up 13% over $754 million achieved during the five week period ended October 3, 1998. For the 35 weeks ended October 2, 1999, sales reached $5,595 million, an increase of 12% over last year's $5,015 million. Consolidated comparable store sales for the five week period ended October 2, 1999 increased 7% over last year. For the 35 week year-to-date period, consolidated comparable store sales increased 6%.

Bernard Cammarata, Chairman and Chief Executive Officer of The TJX Companies, Inc. stated, "Sales trends this fall continue to be robust, as evidenced by September's strong results. Our very fluid open-to-buy inventory position allows us to take advantage of the best opportunities in the marketplace and pass great values on to our customers."

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 620 T.J. Maxx, 491 Marshalls, 44 HomeGoods and 11 A.J. Wright stores in the United States. In Canada, the Company operates 99 Winners and, in Europe, 47 T.K. Maxx stores. TJX's press releases and financial information are available on the Internet at www.tjx.com.