Off-Price Retailers to Open 2,110 New Stores by 2026

UPDATE: Off-price retail giants TJ Maxx, Marshalls, and Burlington have just announced a **massive expansion** plan set for **2026**, with a total of **2,110 new stores** on the horizon. This ambitious growth will not only exceed corporate expectations but also create thousands of new jobs across the United States.

The parent company, **The TJX Companies**, is leading the charge with TJ Maxx and Marshalls targeting a combined **7,000 locations** globally. Currently, they operate around **5,000 stores**, and this new initiative marks a significant increase in their presence. According to **Retail Dive**, this plan surpasses TJX’s earlier projection of **1,300 new locations** announced in May 2024.

As part of this expansion, at least **six TJX stores** have already broken ground in **Kansas, Ohio, Mississippi, New York,** and **Washington** as of October and November. While it’s unclear if these stores will contribute to the **2,110 total**, their establishment signals a growing commitment to the off-price retail sector.

Burlington is not far behind, aiming to open a minimum of **110 new stores** in **2026**. This expansion is bolstered by the acquisition of **45 former Joann leases**, following Joann’s bankruptcy earlier this year. Burlington’s Chief Financial Officer, **Kristin Wolfe**, expressed confidence in their growth strategy, stating, “This is a modest step up from our original plan of **100 net new stores**. These incremental sites really give us confidence in sustaining the high level of growth next year.”

With **1,211** Burlington stores currently operating in the U.S., the retailer is looking forward to further increasing its footprint. In the third quarter alone, Burlington opened **73 locations** while closing **18**, demonstrating a proactive approach to optimizing its retail presence.

Looking ahead, Burlington plans to open **104 new stores** by the end of **2025**. Wolfe emphasized the company’s robust retail pipeline, although she noted that discussions about **2027 growth** are premature.

The urgency of this expansion comes at a time when consumers are increasingly seeking value and variety in their shopping experiences. Executives at TJX reiterated their commitment to providing affordable options as they roll out new locations.

As retail landscapes evolve, this significant expansion by TJX and Burlington reflects the ongoing demand for off-price shopping, which appeals to budget-conscious consumers. The immediate impact of these developments will be felt not just in store openings but also in job creation and economic stimulation in the communities these retailers serve.

Stay tuned for more updates as these plans develop and the off-price retail sector continues to grow.