Marshalls, a well-known department store chain, will be shutting its stores for a day due to an upcoming holiday. This temporary closure requires customers to complete their bargain hunting before the special day, which falls at the end of the month.
Marshalls and TJ Maxx to Close for Easter
A Day Off for Family Time: Marshalls stores nationwide will not open on March 31, in honor of Easter Sunday, a company spokesperson shared with The U.S. Sun.
In a move reflecting its commitment to being an "Associate-friendly" workplace, Marshalls has decided to close its doors this Easter, allowing its employees to spend quality time with their loved ones. "We are happy to provide our Associates with the opportunity to enjoy Easter with family and friends," the spokesperson remarked.
With over 1,000 locations throughout the United States, shoppers can expect Marshalls stores to welcome them back on April 1, following the holiday closure.
Marshalls is part of the larger TJX Group, which also includes TJ Maxx, another major retail chain that will close its stores on Easter Sunday to observe the holiday.
In a widespread move across the retail sector, Costco and Sam's Club warehouses across the United States will close their doors for the day, joining other big names in observing holiday closures.
Sam's Club, in particular, has a policy of shutting down on four major holidays annually. These include Christmas Day, Easter Sunday, Thanksgiving, and New Year's Day, allowing their employees to spend these significant occasions with family and friends.
The list of retailers taking a holiday pause extends beyond warehouse clubs. Publix supermarkets, Macy's department stores, and H-E-B outlets will also not open these days, ensuring a wide swath of the retail landscape gives their staff a well-deserved break during key holidays.
Also Read: Lowe's Announces Complete Shutdown for Holiday Observance
TJX Dominates Discount Retail With Global Presence and Strong Sales
TJX Companies, a leader in the discount department store sector, operates over 4,900 stores across nine countries alongside six online shopping sites. Its vast network includes over 1,300 T.J. Maxx, 1,100 Marshalls, and 900 HomeGoods stores in the United States alone.
In its fiscal year 2023, TJX saw its net sales reach $49.9 billion, marking a 3% increase from the previous year. The company continued its strong performance into the third quarter of fiscal year 2024, reporting net sales of $13.3 billion in November.
In the competitive retail landscape, Ross Stores faces off against TJX. Ross Stores runs more than 1,700 Ross Dress for Less locations and 347 dd's Discounts stores. These stores are known for offering budget-friendly clothing selections, shoes, accessories, and home goods.
Cosmetics, accessories, lingerie, and fine jewelry account for 14% of Ross's offerings. In its latest fiscal year, 2022, Ross Stores reported revenue of $18.7 billion, although it does not operate any sales through online platforms.
In 1976, Bernard Cammarata, the merchandising manager for Marshalls, was chosen by Zayre Corp. to create a new discount retail chain. This led to the birth of T.J. Maxx, which offered affordable family clothing and home goods.
By the late 1980s, after Zayre was restructured, T.J. Maxx, Hit or Miss, and Chadwick's of Boston emerged as part of the new TJX Companies. Expanding globally, TJX opened stores worldwide and acquired other brands, making it a leader in off-price retail. Bernard Cammarata retired in 2015 but continues as an Executive Advisor.
Related Article: Macy's Nationwide Shutdown: Every Store to Close Doors on Easter Sunday
