Question

Case Studies for TJX

a. Compare TJX’s business segments. Which segment appears to have the greatest potential? Are any business units a detriment to overall corporate performance? Support your answer.

b. Does TJX have a good internet versus brick-and-mortar mix? Are there opportunities to revise the retailing approach of its business units?

c. What recommendations would you make to TJX management to improve business unit and corporate performance? Support your recommendations.

Answer 1

TJX is founded in the year 1956 as Zayre and Framingham is the headquarters. TJX is the one of the biggest international apparel and home fashions off price department. TJX is one of the topper retailers in the world. TJX is different from many other retailers. They differentiate many operations and they operate with leaner faster turning inventories. The technics were helps to make high returns at the company's low cost structure. TJX have rapid growth even during the finacial crisis . TJX concentrate more on footwear and clothing. Marmaxx is the largest business segment among TJX companies. Ot consist of more then 2000 stores .

TJX companies which owns TJ Maxx,Marshalls,Home Goods. It sells products lower than Amazon.TJX sells its products and discounting 20% _60% and still make a profit. TJX operates differently than others in the market. They discounts. TJX can respond much faster to customer trends.

TJX were studied about the customer needs and wants and creates an enticing customer shopping experience . The makes very friendly for their customers to shop for fashion at a value price. Traditional reatailers as the success of TJX . TJX deliver most value to the customers, they reduce the energy and also the reduce the wastage and it can lower the cost and minimising the environmental issues and problems. It helps to support reducing the operational expense and gaining profit. Innovation and collaboration are the critical elements of achieving these goals.