Nicholasville soon will have a new shopping option when Marshalls relocates its Lexington store to Brannon Crossing.
The “off-price” retailer plans to open its store at 240 E. Brannon Road March 21, according to a news release.
The retailer plans to kick off the store’s opening with a grand-opening celebration featuring giveaways and gift card prizes from 8 a.m. until 10 p.m. on opening day.
“The new Lexington store will be stocked with a new, fresh assortment of the designer and brand-name merchandise that shoppers love, every single week,” said Richard Sherr, president of Marshalls. “Our buyers are fashion experts with a keen sense of style and are passionate about finding the most coveted merchandise for our shoppers for so much less.”
The store’s opening here is a good indicator of strong growth in Jessamine County, said Amy Cloud, director of the Jessamine County Chamber of Commerce.
“Any time you add a new business, it just shows how strong we are,”¿she said. “It just shows we’re growing.”
The company is relocating the store from Tiverton Way in Lexington.
There are three other Marshalls stores in Kentucky, one in Hamburg Pavilion in Lexington and two in Louisville, according to the store’s website.
More than 900 Marshalls stores, which are owned by The TJX Companies, Inc., are operated in 43 states and Puerto Rico, according to the news release. The first Marshalls store was opened more than 40 years ago.
The Marshalls name is synonymous with “off-price” shopping because it offers lower prices than many department stores, according to the store’s website.
The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, ranking No. 125 in the most recent Fortune 500 listings.
With over $23 billion in revenues in 2011, more than 2,900 stores in six countries and over 168,000 associates, the company sees itself as a global, off-price value retailer.
TJX operates four major divisions: The Marmaxx Group (T.J. Maxx and Marshalls) and HomeGoods in the U.S.; TJX Canada (Winners, HomeSense, and Marshalls); and TJX Europe (T.K. Maxx and HomeSense).
In December 2012, TJX acquired Sierra Trading Post, an off-price internet retailer, according to the company’s website.
The TJX Companies, Inc. traces its history back to 1919 when brothers Max and Morris Feldberg founded New England Trading Company in Boston.
This business prospered, and in 1929, the Feldbergs opened their first retail store, devoted to selling ladies hosiery.
Twenty years later, their one store had grown into a chain of women’s apparel stores that stretched from New England to Washington D.C.
In the mid-1950s, the next generation of Feldbergs — Stanley and Sumner — set out to build upon what their fathers had established — and the Zayre discount department store chain was born. Zayre Stores stood for offering convenience, selection and outstanding value for the whole family, the website states.
In the mid-70s, a young and talented merchant, Ben Cammarata, was offered an opportunity to build a new off-price chain, and under his leadership, T.J. Maxx was born.
With the success of T.J. Maxx, the Company grew into The TJX Companies, Inc., which today is the leading off-price retailer of apparel and home fashions in the United States and worldwide, offering great fashion, quality, and brand names at excellent values, every day.
The Nicholasville store, which will be more than 27,000 square feet, will feature items including fashion, shoes and home goods. It will be open 9:30 a.m. to 9:30 p.m. Monday through Saturday and 11 a.m. to 8 p.m. Sunday.