TJX Companies

Introduction and case background TJX Companies Incorporated (TJX) was founded in 1976 and includes six separate business concentrating on the off-price segment of the apparel and home fashion retail market. Altogether, it has over 2,400 stores and 125,000 associates and is the largest such retailer in the United states. TJX focuses on obtaining branded goods at low prices by purchasing wholesale from manufacturers and excess stock from department and specialty stores. This allows TJX to sell items at 20 to 70 percent their usual cost. Since the profit margin is small, TJX’s specialty is in utilizing information systems to maintain operational efficiency, vendor relationships, and scale along the entire value chain. In late 2006, TJX discovered…

In order to enter Chile, we are going to begin with a joint venture. We are going to have fifty-one percent ownership, leaving the other forty-nine percent to La Polar. TJX will have fifty-one percent ownership in order to hold control over all decisions, as we would be the larger owner. La Polar is the fourth largest retail company in Chile and has 48 stores total - thirty-eight in Chile and five in Colombia. This company is small enough to desire growth and large enough to ensure Chileans…

TJX & Heartland – Breach Impact Facts on the case study In August year 2008, eleven individuals were accused of the burglary of more than 40 million credit and plastic numbers from the following stores: T. J. Maxx, Marshall’s, Barnes and Noble, OfficeMax, and other significant retailers. Engineering by PC programmer Albert Gonzalez, the case study stays as one of the biggest cheats of MasterCard data ever. The Heartland case was like the TJX case. Somewhere around the year 2007 and 2009, the…

TJMaxx opened its first store in 1977 and the company has continued to grow over the years. TJMaxx is a popular off- price retailer that offers brand name clothing, furniture and accessories a great value. Our store prices for the same brands that you would get at a department store are anywhere from 20%- 60 % less than department stores. TJMaxx is not an outlet store because they use many vendors for buying products and is not like an outlet store that usually has one main vendor. Our store has…

Ross’s closes direct competition also offering low cost brand name apparel are TJX Companies (TJ Maxx, Marshal’s, and HomeGoods) and Burlington Coat Factory. Ross also considers Walmart and Target are competition. TJ X Companies has separated its houseware products into a separate store whereas Ross have kept apparel and housewares in the same store. Separating housewares from apparel has allowed TJX Companies to offer a wide range of houseware products to its customers. Over the last two…

understanding of how ethical issues can impact an IT company. With have a better understanding of what an ethical issue is and the problems they can present in the IT field I believe I will have more courage to stand up and speak out about and issues that I find that could be considered unethical. My newly acquired understanding will also help me not break my own ethical code or that of an IT professional. How might what you have learned in this course influence your…

1900’s as a company motivated to produce washers with a wringer attachment. The innovation soon caught the attention of identical industries, driving the company to borrow funds to expand and increase production. However, in the midst of the Great Depression, the company was faced with inadequate sales to pay back the money borrowed from Sears. Although with a workable agreement and a stock exchange, the loan was forgiven. Soon, both companies expanded the Kenmore line of washers in to…

CSR is corporate social responsibility. By the abbreviation, CSR means corporation becomes responsible towards society. The actual definition of CSR is not yet clear. But according to E U Commission [(2002) 347final:5] “CSR is a concept where by companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis”. CSR is based on the concept of do “good business” for a good society- today and for the next…

Responsibility). However, there are still companies who are against CSR due to several reasons. This essay will discuss about CSR as one of major management concept. In particular, it will consider the true meaning of CSR, the importance of CSR, the boons and banes of using CSR and the impact of CSR. To begin with one of the main topics in this essay is the definition of CSR. CSR, Corporate Social Responsibility,…

The analysis of organization culture in Lincoln Electric Company based on Harvard case study by Arthur Sharplin. Lincoln Electric Company founded in 1895 by Lincoln brothers John C. and James F. has managed to run successfully for 120 years and become the wold 's largest manufacturer of welding equipment. While the world was in economic turmoil during the Second World War the company has managed to grow its sales and productivity to an extensive amount and its growth is continuing up to…