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Tjx Case

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1. What are the TJX U.S. based individual store names? [p.___3___] The TJX U.S based individual store names are Marmaxx (which is broken down to T.J. Maxx and Marshalls), Sierra Trading Post, and HomeGoods . 2. In what countries does TJX operate internationally? [p.__10 K-4___] TJX operates internationally in Canada, Europe (Germany, Poland, Austria, and the Netherlands) UK, Ireland, and Australia. 3. Which three stores under the TJX corporate umbrella have e–commerce sites? (10 K 3-4) The three stores under the TJX corporate umbrella that have e-commerce sites were TJ Maxx, TK. Maxx and Sierra Trading Post. 4. Who is the current CEO of TJX? Where is TJX Corporate Headquarters? [p.___10___] CEO: _____Ernie Herrman________________________________ …show more content…

5. Briefly describe any two key retail concepts that TJX continually emphasizes as part of their business model? Be specific. [p.____10 K-4_______] a. Buying and inventory management: This retail concept gives them the opportunity to adjust the way they sort their merchandise. This concept gives the merchants a simpler approach to pull in consumers. They are also in charge of pricing, fashion, and the market trends in order to make it smarter and easier for people to buy which in turn reduced the markdown exposure. b. Logistics and distribution: This retail concept is known for supporting their buying strategies and how flexible the selling floor space is in order to expand their space to add more merchandise up for sale. This idea additionally tries to discover simple and effective approaches to convey the stock to the correct retail chains at an auspicious …show more content…

TJX vendors __I__ 198,000 g. TJX retail stores currently in operation __C__ 195 h. countries used by TJX for sourcing merchandise __D_ 19 i. # of TJX associates 9. The inside back cover of the Annual Report says that in 2015 TJX was ranked 103 among Fortune 500 companies. What does the ranking indicate? What is their 2016 ranking? [You can use the internet to locate this number.] The ranking in the Annual Report indicates that out of the 500 companies, TJX was number 103 in its total revenue for the fiscal year. If the total revenue for a certain corporation is higher, the higher the ranking. In 2016, TJX was ranked 89 out of the 500 best US corporations. 10. Besides the information answered above, what did learn about TJX that surprised or interested you? Besides the information answered above, I learned that TJX as a whole is not only based in the United States but also all over the world. I did not know that Marshalls, Sierra Trading Post and TK Maxx was all part of the TJX company. The also interesting part was when Professor Steere said that the UK had to call their version of TJ Maxx as TK Maxx (just the next letter of the

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