While it was commonplace in the past for brands to house their various brands in one location, it is not as widely done today. TJX is set to buck this trend at a two million square feet mixed-use centre in San Antonio.
Big V Property Group has signed Marshalls and Sierra Trading to The Rim Shopping Center in San Antonio. When both stores open later this year, The Rim will be just the second centre in the United States to house all of TJX’s divisions.
With Marshalls’ 26,533sq ft space and Sierra Trading’s 23,044sq ft, TJX will be doing business in a total of 126,674sq ft at the property.
“TJX is far from finished growing,” said the company’s CEO Ernie Herrman on its fourth-quarter earnings call in February. The value retail giant ended the year with more than 4,500 stores, a four per cent increase in square footage over the previous year.
Other key tenants at The Rim are Off Fifth, Total Wine, Best Buy, Old Navy, Dick’s Sporting Goods, Lowe’s, DSW, Ulta, Hobby Lobby, World Market and Bass Pro Shops.
