The TJX Companies, Inc. Reports October 1999 Sales

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Nov. 4, 1999--The TJX Companies, Inc. (NYSE: TJX) today reported October 1999 sales results. Sales for the four week period ended October 30, 1999 were $713 million, up 10% over $651 million achieved during the four week period ended October 31, 1998. For the 39 weeks ended October 30, 1999, sales reached $6,308 million, an increase of 11% over last year's $5,666 million. Consolidated comparable store sales for the four week period ended October 30, 1999 increased 4% over last year. For the 39 week year-to-date period, consolidated comparable store sales increased 6%.

Bernard Cammarata, Chairman and Chief Executive Officer of The TJX Companies, Inc. stated, "We are particularly pleased with the strong performance of HomeGoods and Winners, which made solid contributions to our consolidated October sales."

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 625 T.J. Maxx, 498 Marshalls, 46 HomeGoods and 11 A.J. Wright stores in the United States. In Canada, the Company operates 99 Winners and, in Europe, 53 T.K. Maxx stores. TJX's press releases and financial information are available on the Internet at www.tjx.com.