SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G
            Information Statement Pursuant to Rules 13d-1 and 13d-2



                              TJX Companies, Inc.
                             -------------------------
                                (Name of Issuer)


                                  Common Stock
                                ------------------
                         (Title of Class of Securities)




                                   872540109
                                ----------------
                                 (CUSIP Number)




     Check the following box if a fee is being paid with this statement    X
                                                                        -------
     .  (A fee is not required only if the filing person:  (1) has a previous
     statement on file reporting beneficial ownership of more than five percent
     of the class of securities described in item 1: and (2) has filed no
     amendment subsequent thereto reporting beneficial ownership of five percent
     or less of such class.)  (See Rule 13d-7.)





                         (Continued on following pages)

                               Page 1 of 9 Pages

 
- -----------------
CUSIP NO. 
 872540109
- --------------
- ------------------------------------------------------------------------------
1.   Name of Reporting Person
     S.S. or  I.R.S. Identification No. of  Above Person

     Goldman, Sachs & Co.
- ------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group

                                                   (a) _____
                                                   (b) _____
- ------------------------------------------------------------------------------
3.   SEC Use Only

- ------------------------------------------------------------------------------
4.   Citizenship or place of  Organization

          New York
- --------------------------------------------------------------------------------
Number of 5 Sole Voting Power Shares Beneficially 0 ---------------------------- Owned By 6 Shared Voting Power Each Reporting 3,822,284 --------------------------------- Person With 7 Sole Dispositive Power 0 -------------------------------- 8 Shared Dispositive Power 3,822,284 ---------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,822,284 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares - ------------------------------------------------------------------------------ 11. Percent of Class Representing by Amount in Row (11) 5.3% - ------------------------------------------------------------------------------ 12. Type of Reporting Person BD-PN-IA - -------------------------------------------------------------------------------- Page 2 of 9 Pages - ----------------- CUSIP NO. 872540109 - -------------- - ------------------------------------------------------------------------------ 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person The Goldman Sachs Group, L.P. - ------------------------------------------------------------------------------ 2. Check the Appropriate Box if a Member of a Group (a) _____ (b) _____ - ------------------------------------------------------------------------------ 3. SEC Use Only - ------------------------------------------------------------------------------ 4. Citizenship or place of Organization Delaware - --------------------------------------------------------------------------------
Number of 5 Sole Voting Power Shares Beneficially 0 ----------------------------- Owned By 6 Shared Voting Power Each Reporting 3,822,284 --------------------------------- Person With 7 Sole Dispositive Power 0 ------------------------------ 8 Shared Dispositive Power 3,822,284 ------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,822,284 - -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares - -------------------------------------------------------------------------------- 11. Percent of Class Representing by Amount in Row (11) 5.3% - -------------------------------------------------------------------------------- 12. Type of Reporting Person HC-PN - -------------------------------------------------------------------------------- Page 3 of 9 Pages Item 1(a). Name of Issuer: TJX Companies, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 770 Cochituate Road Framingham, MA 01701 Item 2(a). Name of Person Filing: Goldman, Sachs & Co., The Goldman, Sachs Group, L.P. and Item 2(b). Address of Principal Business Office, or, if None, Residence: Goldman, Sachs & Co., and The Goldman Sachs Group, L.P. 85 Broad Street, N.Y. 10004 Item 2(c). Citizenship: Goldman, Sachs & Co. - New York The Goldman Sachs Group, L.P. - Delaware Item 2(d). Title and Class of Securities: Common Stock Item 2(e). CUSIP Number: 872540109 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b). check whether the person filing is a : (a).X Broker or dealer registered under Section 15 of the Act, Goldman, Sachs & Co. (b). Bank as defined in Section 3(a)(6) of the Act, (c). Insurance Company as defined in Section 3(a)(19) of the Act, (d). Investment Company registered under Section 8 of the Investment Company Act, (e).X Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940, Goldman, Sachs & Co. Page 4 of 9 Pages (f). Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see 13d-1(b)(1)(ii)(F), (g).X Parent Holding Company, in accordance with Rule 13d- 1(b)(ii)(G); see Item 7, The Goldman Sachs Group, L.P. (h). Group, in accordance with Rule 13d-1(b)(ii)(H). Item 4. Ownership. (a). Amount beneficially owned: See the responses(s) to Item 9 on the attached cover pages(s) (b). Percent of class: See the response(s) to Item 11 on the attached cover pages(s) (c). Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s). (ii) Shared power to vote or direct the vote: See the response(s) to Item 6 on the attached cover page(s). (iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s). (iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s). Item 5. Ownership of Five Percent or Less of a Class. Not Applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. See Exhibit(2) Item 8. Identification and Classification of Members of the Group. Page 5 of 9 Pages Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 10, 1995 THE GOLDMAN SACHS GROUP, L.P. By: /s/ David B. Ford --------------------- Name: David B. Ford Title: General Partner GOLDMAN, SACHS & CO. By: /s/ David B. Ford --------------------- Name: David B. Ford Title: General Partner Page 6 of 9 Pages INDEX TO EXHIBITS Exhibit No. Exhibit - ----------- ------- 99.1 Joint Filing Agreement, dated February 10, 1995, between The Goldman Sachs Group, L.P., and Goldman, Sachs & Co. 99.2 Item 7 Information Page 7 of 9 Pages

 
                                                                    EXHIBIT 99.1



                             JOINT FILING AGREEMENT



     In accordance with Rule 13d-1(f) promulgated under the Securities Exchange
Act of 1934, the undersigned agree to the joint filing of a Statement on
Schedule 13G (including any and all amendments thereto) with respect to the
shares of TJX Companies, Inc., and further agree to the filing of this agreement
as an Exhibit thereto.  In addition, each party to this Agreement expressly
authorizes each other party to this Agreement to file on its behalf any and all
amendments to such Statement on Schedule 13G.



Date:  February 10, 1995


THE GOLDMAN SACHS GROUP, L.P.                 GOLDMAN, SACHS & CO.
   
By:    /s/ David B. Ford                      By:    /s/ David B. Ford
       ---------------------                         ---------------------
Name:  David B. Ford                          Name:  David B. Ford        
Title: General Partner                        Title: General Partner














                               Page 8 of 9 Pages


 
                                                        EXHIBIT 99.2



                               ITEM 7 INFORMATION


     Goldman, Sachs & Co. is a broker or dealer registered under Section 15 of
the Act and an investment adviser registered under Section 203 of the Investment
Advisers Act of 1940.














                               Page 9 of 9 Pages