TJ Maxx and HomeGoods to open Twin Cities "combo" store next week

The Cottage Grove store will combine two discount retailers.
Publish date:

TJ Maxx and HomeGoods are teaming up for a new "combo" store in the Twin Cities.

The 39,000-square-foot store is set to open at 7210 East Point Douglas Road S. in Cottage Grove, which was formerly a Home Depot.

Opening on Sunday, Oct. 28 at 8 a.m., it will offer customers the two discount retailers under the same roof, though each will have its own entrance and will occupy their own separate spaces.

TJX Companies owns both brands, as well as Marshalls, and has been accelerating the expansion of its HomeGoods stores, which are proving particularly successful.

Selling accent furniture, sheets, candles, picture frames and kitchenware, reports that TJX's home furnishings have been performing better than apparel sold at TJ Maxx and Marshalls, a category which is under pressure from Amazon.

A combo superstore between HomeGoods and TJ Maxx therefore gives customers options of both homewares and apparel.

Subscribe: Sign up for our daily newsletters.

As CNBC notes, TJX's focus on homewares is spelling more trouble for traditional department stores and home furnishing chains already struggling because of new brands like Wayfair and At Home.

HomeGoods claims to offer home fashions at prices 20-60 percent less than department and specialty stores.

Next Up