TJX Companies

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The TJX Companies, Inc.

Type	Public (NYSE: TJX)
Founded	1956 as Zayre (Framingham, Massachusetts)
Headquarters	Framingham, Massachusetts
Industry	Retail
Products	Clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares.
Net income	$690,420,000 (2006)
Website	www.tjx.com

The TJX Companies, Incorporated (NYSE: TJX) is a department store chain based in Framingham, Massachusetts in the United States. The company originally evolved from the Zayre discount department store chain, founded in 1956, which opened its first branch of T.J. Maxx in 1976 and its first BJ's Wholesale Club in 1984. In 1988, Zayre sold their own nameplate to Ames, a rival discount department store chain, and the company renamed itself to The TJX Companies, Incorporated.

1 Computer systems intrusion
2 TJX Nameplates
3 References
4 External link

[edit] Computer systems intrusion

On January 17, 2007, TJX announced that it was the victim of an unauthorized computer systems intrusion. It discovered in mid-December, 2006 that its computer systems were compromised and customer data was stolen.^[1] The hackers accessed a system that stores data on credit card, debit card, check, and merchandise return transactions.^[2] The intrusion was kept confidential as requested by law enforcement. TJX said that it is working with General Dynamics and IBM to upgrade computer security.

By the end of March 2007, the number of affected customers had reached 45.7 million [1] and has prompted credit bureaus to seek legislation requiring retailers to be responsible for compromised customer information saved in their systems.