TJX stores hold sale after settling over data breach
Retailer is having a one-day sale Thursday, with its stores offering 15 percent off. Company showing appreciation for customers' support following data breach two years ago.
TJX stores, including T.J. Maxx and Marshalls, are holding a one-day 15-percent-off sale on Thursday as a way to show appreciation for customers after a data breach at the company.
TJX disclosed in 2007 that 45.7 million customer accounts were compromised
"TJX has chosen to hold a previously planned, one-time Customer Appreciation Day to express our appreciation to customers for their continued support and patronage following the criminal attack(s) announced on our computer systems two years ago," TJX spokeswoman Sherry Lang said in a statement. "TJX remains committed to providing our customers a safe and secure shopping environment as well as offering the great quality, fashion, brands, and values our customers have grown to expect."
The sale initially was negotiated to be part of a court settlement but did not end up in the final agreement. The Framingham, Mass.-based company decided to hold the sale anyway, according to The Boston Globe.
TJX has more than 2,400 stores, including HomeGoods and A.J.Wright in the U.S. and Winners, HomeSense, and StyleSense in Canada, as well as T.K. Maxx and HomeSense in Europe.
The TJX breach was considered the largest ever, but a recently announced breach at payment processor Heartland Payment Systems may be even bigger. Heartlandthat customer accounts had been compromised last year.
Heartland processes payroll and credit card payments for more than 250,000 businesses and handles more than 100 million transactions per month. The president of Heartland said he did not know exactly how many unique cards or consumers were affected.