The business climate has been anything but predictable since the COVID-19 pandemic, but TJX has blasted through lockdown disruptions, tariffs, rising costs, and other potential roadblocks to bring returns to shareholders and jobs for the local economy.
As other retailers have struggled to grow, TJX’s net sales increased from $32.1 billion in the COVID-impacted fiscal 2021 to $60.4 billion in 2026. The company received a boost to its first quarter earnings this year when it received a $470-million settlement payment stemming from a two-decade dispute with Visa and Mastercard over allegations of price fixing.
The throughline for all of TJX’s recent growth has been Herrman. President of the firm since 2011 and CEO since 2016, the international discount retailer has added more than 1,000 stores across its brands since he took full control. His success at the company has resulted in recognition from Barron’s as one the nation’s top CEOs in 2025, with the company included on Fortune’s Most Admired Companies that same year.
