Trade Secret (Australian company) explained

Trade Secret
Type:Subsidiary
Parent:TJX Companies
(2015–present)
Locations:35 (Apr 2017)[1]
Fate:All stores converted to the T.K. Maxx banner
Industry:Retail
Products:apparel, footwear, accessories, and home fashions
Homepage:tradesecret.com.au

Trade Secret was a chain of clothing, accessories and home furnishing stores operated by TJX Companies and had 35 stores across Australia by April 2017. The stores were located in Sydney, Melbourne, Brisbane, Canberra, Newcastle, Wollongong, Cairns, Townsville, Toowoomba, Albury, the Sunshine Coast and the Gold Coast. On 3 February 2017,[2] they announced on their website that they would soon be rebranding all existing locations as T.K. Maxx and opening new locations across the east coast.[3] As of 20 April 2017 the stores were operating as T.K. Maxx.

TJX acquired Trade Secret for AUD$80 million from Gazal Corporation in 2015.[4]

Home Secret

Parent company TJX also operates Home Secret, a 'sister' store of Trade Secret, which carries home furnishings. As of January 2016, there is one location in Kawana, Queensland.[5]

See also

External links

Notes and References

  1. Web site: Trade Secret.
  2. Web site: TKMAXX Australia Website.
  3. News: Retail Giant TK Maxx is Launching in Australia. Huffington Post. 11 April 2017. Campbell. Leigh.
  4. Web site: The TJX Companies, Inc. Completes Acquisition of Australian off-Price Retailer Trade Secret. TJX Press Releases. TJX. 1.
  5. Web site: Home Secret. www.myhomesecret.com.au. 12.