TK Maxx opening new store in Brisbane
A new TK Maxx store is opening at Hyperdome shopping centre in the Brisbane suburb of Logan next month.
The 1800sqm store will offer a selection of women’s, men’s and children’s fashion, as well as footwear, accessories, luggage, beauty, toys and homewares from popular designers, high-street and up-and-coming brands.
It will be the 12th store in Brisbane and 21st store in Queensland since TK Maxx entered the Australian market in 2017.
The off-price retailer, which is operated by US-based parent company TJX, had 51 stores across Australia as at August 3, 2019, according to TJX’s Q2 FY20 earnings announcement released last month.
TJX International (Europe and Australia) saw a 6 per cent increase in comparable store sales in the quarter, and a 5 per cent increase in net sales to US$1.3 billion.
“This quarter marks the 20th straight quarter of customer traffic increases at TJX and Marmaxx. This speaks to the consistency and fundamental strength of our treasure-hunt shopping experience through many types of retail and economic environments,” TJX CEO Ernie Herrman said in the statement.
According to Herrman, Q3 was off to a solid start, and the company was confident it would be able to keep driving sales and customer traffic throughout the northern hemisphere fall and holiday selling season.
TK Maxx will officially open at Hyperdome on October 17, with free reusable tote bags for the first 6000 customers to make a purchase.
The retailer will also be running its ‘Hidden Hanger’ competition, with $1200 worth of TK Maxx gift cards up for grabs across the first five days of trade.
Logan’s Hyperdome shopping centre is also welcoming a new Toymate store in November. The 2400sqm store will feature a brand-new concept, including a children’s play area, movie room and learning and education space with free interactive activities for kids.
Older kids will also be able to enjoy an arcade experience, while parents can relax and enjoy the refreshment area complete with Yogurt-Berry, confectionary and coffee.
The store will offer over 12,000 products from some of the biggest toy brands, including Lego, Marvel, Barbie and L.O.L.
“We are thrilled to be able to expand our retail offer by welcoming Toymate and TK Maxx to the Centre – just in time for the bumper Christmas season,” Hyperdome centre manager Brian Turner said.
“Welcoming these two retail giants is a huge moment for Hyperdome and we’re confident the openings will garner strong attention from not only our local customer base, but also intra and inter-state shoppers.”
Hyperdome, which is located 20 minutes south of Brisbane, is home to over 220 retailers, including majors Big W, Kmart, Coles, Woolworths, Aldi, Event Cinemas and Zone Bowling. Last month, it celebrated its 30th anniversary.
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