Marshalls (the off-price department store chain in the U.S. and Canada) is owned by The TJX Companies, Inc., the same parent company that owns T.J. Maxx and HomeGoods.

Quick Scoop: Who Owns Marshalls?

  • Marshalls is an American off-price department store chain.
  • Its parent company is The TJX Companies, Inc. (TJX).
  • TJX is a publicly traded company, so Marshalls is ultimately owned by TJX’s shareholders (large institutions plus individual investors).
  • TJX also owns brands like T.J. Maxx and HomeGoods, and runs a portfolio-wide off-price retail strategy.

A Bit of Context

Marshalls operates more than 1,000 stores in the U.S. (plus locations in Puerto Rico and Canada), positioned as an off-price retailer offering discounted brand-name apparel and home goods. TJX acquired Marshalls in the 1990s, integrating it into a broader discount retail group that includes other major banners under the TJX umbrella.

Because TJX is listed on the stock market, there is no single private owner of Marshalls today; instead, ownership is dispersed across mutual funds, institutional investors, and individual shareholders who own TJX stock.

Simple Ownership Table (HTML)

Below is a compact HTML table summarizing who owns Marshalls at the brand and corporate level:

html

<table>
  <tr>
    <th>Entity</th>
    <th>Role</th>
    <th>Details</th>
  </tr>
  <tr>
    <td>Marshalls</td>
    <td>Retail brand</td>
    <td>Off-price department store chain in the U.S., Puerto Rico, and Canada.</td>
  </tr>
  <tr>
    <td>The TJX Companies, Inc. (TJX)</td>
    <td>Direct owner</td>
    <td>Publicly traded U.S. retail corporation; parent company of Marshalls.</td>
  </tr>
  <tr>
    <td>TJX shareholders</td>
    <td>Ultimate owners</td>
    <td>Institutional investors, mutual funds, ETFs, and individual investors holding TJX stock.</td>
  </tr>
</table>

TL;DR: Marshalls is not owned by Macy’s or any single individual; it is a brand fully owned by The TJX Companies, Inc., and in turn by TJX’s public shareholders.

Information gathered from public forums or data available on the internet and portrayed here.