Marshalls is an American off-price department store chain that specializes in selling discounted brand-name clothing, footwear, accessories, and home goods. The company was founded in 1956 by Alfred Marshall in Beverly, Massachusetts, with the aim of offering customers a wide selection of quality merchandise at affordable prices.
Owned by TJX Companies since 1995, Marshalls operates alongside other well-known off-price retailers such as T.J.Maxx, HomeGoods, and Winners. Marshalls had over 1,000 stores in the United States and Puerto Rico, making it one of the largest off-price retailers in the country. It's important to note that the store count may have changed since then.
The shopping experience at Marshalls is characterized by the "treasure hunt" style, where customers can find new and unique items at discounted prices during each visit. The company achieves this by buying excess inventory from manufacturers and other retailers, allowing them to offer products at prices significantly lower than those found in traditional department stores.
Some key aspects of Marshalls include:
- Product selection: Marshalls offers a wide range of products, including clothing, footwear, accessories, and home goods. The company sells items from well-known brands and designers, often at prices 20-60% below their original retail price.
- Merchandise assortment: The company frequently updates its inventory, so customers can find new and unique items during each visit. This dynamic inventory creates an exciting shopping experience, as shoppers never know what they might discover.
- Store layout: Marshalls stores are typically organized into different departments, such as men's, women's, and children's clothing, as well as footwear, accessories, and home goods. This allows customers to easily navigate the store and find the items they are interested in.
- Discounts and savings: Marshalls is known for offering high-quality products at discounted prices. The company's buying strategy allows them to pass on savings to customers, making it an attractive shopping destination for those looking for a deal.
- Marshalls online: In addition to its brick-and-mortar stores, Marshalls launched an e-commerce platform in 2019, giving customers the opportunity to shop online and find deals from the comfort of their homes.
Overall, Marshalls has carved out a niche in the off-price retail market by offering customers a constantly changing assortment of quality merchandise at discounted prices. Its unique shopping experience and commitment to value have contributed to its success and growth in the United States.
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