Winners
This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (November 2014) |
Company type | Subsidiary |
---|---|
Industry | Discount |
Founded | 1982 |
Founders | David Margolis Neil Rosenberg |
Headquarters | Mississauga, Ontario, Canada |
Number of locations | 234 |
Products | Clothing, footwear, bedding, furniture, jewellery, beauty products, toys, and housewares |
Parent | TJX Companies (1990–present) |
Website | www |
Winners Merchants International L.P is a chain of off-price Canadian department stores owned by TJX Companies which also owns HomeSense. It offers brand name clothing, footwear, bedding, furniture, fine jewellery, beauty products, and housewares. According to an example in the Winners FAQ, an item selling there for $29.99 was made to sell for 20-60% more at a specialty or department store.[1] The company operates 234 stores across Canada.[2] Winners' market niche is similar to that of its American sister store T.J. Maxx.
History
In 1982, Winners was founded in Toronto, Ontario by David Margolis and Neil Rosenberg. It was one of the first off-price department stores in Canada. In 1990, Winners merged with TJX Companies, the world's largest off-price department store owner.
Since late 2001, Winners stores have been paired with HomeSense, a home accessory retailer owned by Winners Merchants, modelled on TJX's American HomeGoods stores. Winners acquired the struggling "Labels" brand from Dylex in 2001. Labels was meant to compete with Winners, but never succeeded. Most Labels stores have been turned into Homesense stores.
Les Ailes de la Mode opened a similar concept under the Labels banner after Winners did not renew its trademark on the name.