The TJX Companies, Inc. Reports January 2000 Sales

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Feb. 3, 2000--The TJX Companies, Inc. (NYSE:TJX) today reported January 2000 sales results. Sales for the four week period ended January 29, 2000 were $478 million up 11% over $432 million achieved during the four week period ended January 30, 1999. For the 52 weeks ended January 29, 2000, sales reached $8,795 million, an increase of 11% over last year's $7,949 million. Consolidated comparable store sales for the four week period ended January 29, 2000 increased 4% over last year. For the 52 week year-to-date period, consolidated comparable store sales increased 5%.

Bernard Cammarata, Chairman and Chief Executive Officer of The TJX Companies, Inc. stated, "We are pleased that our sales for the month of January and for the entire year outpaced our objectives. With inventories in great shape, we are well-positioned to enter the spring season with fresh and exciting merchandise."

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 632 T.J. Maxx, 505 Marshalls, 51 HomeGoods and 15 A.J. Wright stores in the United States. In Canada, the Company operates 100 Winners and, in Europe, 54 T.K. Maxx stores. TJX's press releases and financial information are available on the Internet at www.tjx.com.