A T.J. Maxx store has opened in the Yorktown Green Shopping Center. A few months ago, the shopping center’s owner Oster Properties revealed plans for T.J. Maxx, Five Below, Michaels and a pickleball sports center to open in space that formerly had been occupied by Kmart at 335 Downing Drive.
“Yorktown is thriving, and people are making big investments,” said Yorktown Supervisor Ed Lachterman. “This brings jobs to our residents.”
Lachterman thanked Oster Properties for investing in Yorktown.
The shopping center began its revival in 2022 when Uncle Giuseppe’s Marketplace moved into a former Food Emporium store that had been vacant for 10 years.
“These businesses are going to bring more people into our community to eat at our local restaurants and shop at our local stores,” said Yorktown Councilman Sergio Esposito.
During an opening day ceremony, T.J. Maxx presented a $10,000 donation to My Brother Vinny, a Yorktown-based charity that provides furniture and housewares to formerly homeless veterans, outreach groups, shelters and families thought the Hudson Valley. Paula Miritello of My Brother Vinny said that the donation will help buy supplies. The charity has furnished more than 2,000 homes for veterans free of charge.
“We are the only charity in New York that has furnished homes for homeless veterans,” said Miritello. “We do not get enough support to cover the need, so this came at a perfect time.”
T.J. Maxx is a brand of the TJX Companies, Inc., which operates more than 5,000 stores in nine countries. Its other brands include Marshalls, HomeGoods, Homesense and Sierra in the U.S. TJX bills itself as the leading off-price retailer of apparel and home fashions. The company says it offers brand name and designer merchandise at prices generally 20% to 60% below full-price retailers’ regular prices on comparable merchandise.
For the first half of Fiscal 2025, TJX reported net sales were $25.9 billion, an increase of 6% versus the first half of Fiscal 2024. Net income for the first half of Fiscal 2025 was $2.2 billion.