Download - Presentation TJX 2003 (2)
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8/14/2019 Presentation TJX 2003 (2)
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Group No. 28
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19 billion $ turnover in 2007. 2500 stores. 130,000 associates.Ranked 132 in Fortune 500.
Vision: As a global, off price value retailcompany, give benefit to every family
Mission: See potential for growing with4300 stores in new countries.
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Opened in 1976.
Largest off price retailer in US.
20-60% price below departmental &specialty store.
847 stores at the end of 2007.
Avg. area 30,000 sq. feet.
Deals in apparel & home fashion
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Second largest in US & acquired by TJX in1995.
Similar to T. J. Maxx , it expanded shoe &junior departments.
At the end of 2007, have 776 stores.
Avg. area 32,000 sq. feet.
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Acquired by TJX in 1990.
191 stores in Canada at the end of 2007.
Plans to open 9 new stores in 2008.
Family footwear, childrens apparel, home
fashion & mens wear.
Avg. area 29000 sq. feet.
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Opened in 2001. Now have 71 stores inCanada. Plans to get 4 stores in 2008.
Furniture, lamps, accessories & giftware.
Operates standalone & superstore formatwith Winners.
Avg. area 28,000 sq. feet.
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Opened in 1994. The only major off priceretailer in Europe.
Have 226 stores across UK, Ireland &
Germany. Family apparel, home fashion, womens
footwear & accessories.
Plans to have 10 stores in Europe & 5 inGermany In 2008.
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Opened in 1992. Now have 289 stores.Plans to have 500 stores in future.
Giftware, home basics, accent furniture,lamps, accessories, childrens furniture, &seasonal merchandise.
Operates in standalone & superstore withMarshalls and T. J. Maxx.
Avg. area 27,000 sq. feet.
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Opened in 1998. Now have 129 stores &plans to get 1000 stores in future.
20-70% price below departmental & nationaldiscount chains.
Family apparel, home fashions, more
emphasis on footwear, juniors, and childrensassortments.
Avg. area 26,000 sq. feet.
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Acquired by TJX in 2003.
Value store, targets to upper middle incomegroup.
Casuals , footwear, work wear, active wear &
licensed team apparel.
34 stores in Northeastern US.
Avg. area 46,000 sq. feet.
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Recycling cardboards.
Energy management department.
T5 fluorescent light, 50% less
electricity.
Reducing no. of trucks & improving
trailer loading methods.
Environmental Responsibility
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Principal Competitors
Federated Department Stores, Inc.; The MayDepartment Stores Company; Sears, The Gap,Inc.; Limited Brands, Inc.; Ross Stores, Inc.; Value
City Department Stores, Inc.
Statistics:
Public CompanyIncorporated: 1962 as Zayre Corp.Employees: 94,000Sales: $11.98 billion (2002)Stock Exchanges: New York
Address:
770 Cochituate RoadFramingham,MassachusettsU.S.A.www.tjx.com
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