The TJ Maxx located on Newbury Street in Boston will be closing its doors in early 2026.
The parent company, TJX, which is based in Framingham, said the store is expected to close by Jan. 3, CBS News reported.
“We are always assessing and reviewing our real estate strategies and our decision to close this store reflects that thinking,” said a spokesperson for the company in a statement to CBS News. “We are grateful for the loyalty of our Newbury Street TJ Maxx customers and invite them to visit our nearby stores to continue to find great values”
In a notice filed with the state on Monday, the company said it would be laying off 117 workers, effective Jan. 5, 2026.
A spokesperson for the company told the Boston Globe on Friday that these workers were all employed at the store at 360 Newbury St., next to the Hynes Convention Center MBTA station entrance.
TJX will try to find the affected workers employment at nearby locations, the spokesperson added.
The retail space consists of three floors for a total of 45,000 square feet of shopping space, according to Boston Magazine. It first opened in 2016, replacing Best Buy which shuttered in 2012.
TJ Maxx has a second location in Boston at 350 Washington St., according to the company’s store locator.
TJX did not respond to MassLive’s request for comment.
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