One factor that TJ Maxx takes very seriously is their relationship with vendors. According to TJ Maxx the key to long term success is maintaining a close relationship with vendors, which is built on honesty, trust, and a commitment to ethical practices. With over 17,000 vendors in over 100 countries, TJ Maxx is very strict about their vendors following the vendor code of conduct. The vendor's code of conduct reflects high standards, and requires vendors to be in compliance with applicable laws and regulations. TJ Maxx requires all vendors to up to code regarding the health and safety of their employees, which includes wages, benefits, working hours, harassment/abuse, discrimination, freedom of association, environment, and states that under no circumstances are vendors allowed to employ child laborers or forced laborers. …show more content…
Because of the close relationship that TJ Maxx has with their vendors they are able to implement their “off-price business model,” which allows TJ Maxx to take advantage of a wide variety of opportunities, including department store cancellations, a manufacturer manufacturing too much product, or a closeout deal at the end of the season. These advantages allow TJ Maxx to continue to sell brand name products in all their