The TJX Companies, Inc. Reports September 2000 Sales

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Oct. 5, 2000--The TJX Companies, Inc. (NYSE: TJX) today reported September 2000 sales results. Sales for the five week period ended September 30, 2000 were $936 million, up 11% over $844 million achieved during the five week period ended October 2, 1999. For the 35 weeks ended September 30, 2000, sales reached $6,037 million, an increase of 9% over last year's $5,551 million. Consolidated comparable store sales for the five week period ended September 30, 2000 were up 4% over last year. For the 35 week year-to-date period, consolidated comparable store sales increased 2% over last year.

Edmond English, President and Chief Executive Officer of The TJX Companies, Inc. stated, "September sales outperformed our objectives and were achieved over a strong 7% comparable store sales increase last year. We achieved above-plan comparable store sales increases in every region of the country, with New England and Florida posting the largest gains. Further, inventories remain in excellent shape, which continues to position us well to take advantage of the off-price buying opportunities in the market 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 646 T.J. Maxx, 524 Marshalls, 66 HomeGoods and 19 A.J. Wright stores in the United States. In Canada, the Company operates 113 Winners, and in Europe, 66 T.K. Maxx stores. TJX's press releases and financial information are also available on the Internet at www.tjx.com.

For more detailed information on TJX's September sales results, please call [phone] to listen to The TJX Companies' monthly sales recording. This recording will be available through Thursday, October 12, 2000. The next monthly sales release and recorded sales message are scheduled to be issued simultaneously on November 2, 2000.