Sell To TJX Canada

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At Home with TJX Canada

the important thing about this building,is that it is a it is a very,collaborative space it's a very open,space here we can have meetings and,we're walking we could sit where I'm,sitting here we can talk about things,that are coming up in one of our stores,or here in the building and we can just,have that that impromptu meet and it,becomes a meeting where becomes a,friendship or becomes the collaboration,the Canadian influence within our design,process is very important to us it is,who we are we're all proud to be,Canadian so we wanted to make sure that,we brought that into the building,so the concept for the the great wall in,the map of Canada and utilizing all the,words that are our culture - which are,our values integrity empowerment,diversity other words that make up the,DNA of GJ's Canada the lights that you,see shining up onto that wall are the,Northern Lights it is as diverse as as,we are typically I have a meeting set up,in the mornings it's nice to head down,to our new cafeteria for lunch,a lot of impromptu lunch dates happen,because we run into a lot of people in,the cafeteria they don't normally see it,and you never know our presidents down,there for lunch and he may sit at your,table and have a chat with you,our new building has allowed us so much,space for the teams to get together and,work and come up with things on the fly,ad hoc as things happen,the other great thing about the new,buildings that we're currently pursuing,a LEED Silver certification which is,really exciting and just kind of shows,how much the company is committed to,really being an environmentally friendly,citizen of the neighborhood,so because I'm really exciting features,like electric vehicle charging stations,carpets that are fully recycled and,recyclable we're close to areas where,you can get public transit and we have,carpool parking spaces and it's really,commitment the company has made and it's,super exciting with our new office,my favorite space in the office is our,state-of-the-art gym I think it's a,really great environment I'm really,excited that we have it and I think it,helps lead to a healthy work environment,healthy and happy associates,my favorite space in this this beautiful,home office would be the Charlie Harper,room and the reason why I like it is,because it's a really relaxing space and,I use it for my development meetings,one of the reasons why I love it is,because it has a fireplace so I feel,like unconsciously it reminds me of my,living room or a living room at home,that I would love to have,TJX Canada what it means to Letta means,to everybody that works here really,isn't a building it is it's a family,what we're all about is we're diverse,doesn't matter who you are doesn't,matter what you do be yourself,any day of the week I'm getting,emotional over this I can't even believe,I'm getting emotional you can just be,you you are who you are and that's what,we love about you and that's why gjx is,such an amazing place to be,you

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Where Do The Clothes At Stores Like TJ Maxx Come From?

off-price retailers offer lower prices,wider selections and similar quality,goods compared to traditional department,stores and as popularity for department,stores drops more and more off-price,retailers are popping up across the,country,around 1990 my client was tj maxx at the,time they said we've done a real,thorough study of the country and we,think the limit is 500 stars i'm like,well why is that well well that's all i,think the market can handle you know,that's what they were saying and like,there's only so much off-price goods and,of course that's proven to be a small,percentage of their potential in the,marketplace and they have thousands now,of course,off-price retailers are thriving today,as consumers flock to their shelves for,discounted clothes cheap home decor and,seemingly great deals but one question,that more consumers are asking and less,know the answer to is where do all the,items that your local tj maxx and,marshalls come from,there are three main ways off price,retailers get their product first they,buy access clothes from full price,stores,usually it is at the end of the selling,season,so when retailers have extra inventory,they would like to clear up the system,free up their cash to invest in new,batch of merchandise so buyers of,off-price retailers oftentimes work,directly with large department stores,and the name brand manufacturers in fact,many retailers set up their own,liquidation marketplaces where buyers,can come to the marketplace to bid for,their surplus inventories,the second way is buying directly from,manufacturers who often make a surplus,of products that they want to sell,cheaply a lot of apparel and home goods,are part of a larger industry that has,been operating in economies of scale so,usually the manufacturing happens abroad,and the individual brands who are,producing these items to bring to market,they have contracts with manufacturers,and they order a certain number of items,however usually there is overproduction,because it is much cheaper to have,produced let's say a thousand units,extra as opposed to be missing those,thousand units and have to restart the,production,and the third major way is that these,brands partner with manufacturers to,create special exclusive brands that are,only sold in off-price stores,there's quite a bit of private label in,these off-price outlets where they,manufacture product to their own,specifications and sell them under names,that sound like they might be real,brands but they're house brands for the,off-price retailers that is the way to,get merchandise at much larger scale and,on a more reliable basis and of course,both parties would have no incentive to,disclose,information on such agreement to the,public originally these off-price,retailers were founded on just the first,procurement strategy buying leftover,supply from department stores but as,demand has soared they've turned to the,other supply chains as well tj maxx one,of the largest off-price retailers in,the us decl

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10 Shopping SECRETS TJ Maxx Doesn't Want You To Know!

these are 10 shopping secrets tj maxx,does not want you to know welcome back,to the channel i'm the youtube deal guy,matt granit from what days you should,shop to save the most money to how to,spot pricing errors how to read the,price tags and what not to buy i'm gonna,bring you inside my local tj maxx for a,wild ride of savings this video is not,sponsored if you like the content please,feel free to give this video a thumbs up,and share it with any fellow tj maxx,shopper shopping secret number one tj,maxx knockoffs are a real thing and this,is a subject of a bit of controversy but,tj maxx manufactures its own clothing,and they license designer brand names,which they attach to the clothing so for,example if you saw a kenneth cole,reaction item or a nicole miller top and,you think the price is too good to be,true because it's 23 dollars and 80,percent less than everywhere else make,sure you go beyond the brand name you,see on the price tag and actually look,at the label that is sewn inside the,clothing if the label on the inside,doesn't have the designer brand name but,instead states tjx europe or watford is,one of the internal designer brands tied,to tj maxx but this doesn't happen all,the time and while i have had some,subscribers of this channel contact me,prior to uploading this video with that,insight just make sure you check the,labels carefully shopping secret number,two before i focus on the positives,those compare prices that you see listed,on tj maxx price tags are often,completely bogus now i don't want to,pick on tj maxx because i do love the,store and i love the pricing but the,list price just as what you would find,at target or five below often portrays,an inflated list price to convince you,or make you feel that you are saving,substantially more money than you,actually are a compare price however is,a little bit different from a list price,because the item has never actually ever,retailed for that price let's take a,look at the greenies dental treats as an,example on the 12 ounce 12 treat bag tj,maxx lists a compare price of 20 and a,selling price of 12.99,well the 12.99 price is a very good,offering if we were to compare this to,amazon for example the list price is,definitely 17.99 and not the 20 compare,price more importantly if you were going,to do this as a subscribe and save item,on amazon you'd score the additional 35,in extra savings making amazon,substantially less expensive than what's,being offered by tj maxx but of course,this is a subscribe and save so if you,were just simply to grab this from a,store shelf tj maxx would win with,regards to everyday pricing for shopping,secret number three that tj maxx does,not want you to know i'm going to handle,the clearance section and then in a few,moments i'm going to explain a mistake,that so many shoppers make when they,enter into a tj maxx store to shop with,regards to the clearance section though,you will do far better online than you,will in store due to a high amount of,traffi

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Ask The Experts! Your Questions Answered | Presented By: TJX Canada

she,good evening everyone thank you so much,for joining us for tonight's workshop,before we get started i will launch our,pre-workshop survey,so you'll see that pop up on the screen,we'll just take one to two minutes to,fill that out before we get started with,today's,or tonight's workshop depending on where,you are,so,okay if you just joined us you will see,the poll,pop up on the screen as you enter so,please take a couple minutes to fill,that out,uh while everyone is filling that out,before we get started i will just go,over some housekeeping first i'll,introduce myself,my name is cassie and i work at the,toronto affiliate for dress for success,for tonight you'll see it's a little bit,different from the last one we are using,an upgraded version of zoom so we won't,be able to see you but,you can see us so you'll see at the,bottom we have a q a,and then also a chat feature so for,tonight's,workshop if you do have a question for,our panelists we,are going to enter it into the q a,people can ask any question and people,are able to upvote so if you have the,same question as another client or,participant,you can go and upload that so we know,the most popular questions and make sure,that we get them answered,for any discussion please utilize the,chat,just because sometimes your questions,are going to get lost and we don't want,your questions to get lost so,please questions go in the question and,answer any discussion or chat,goes in the chat,and i see a few more people uh trickling,in,um so we're just gonna finish up and,we're doing our pre-workshop,survey so you will see the poll on the,screen,i see a couple people have lost the poll,that's okay,we'll get you at the post workshop poll,so don't worry about it,and then again all um discussion can go,into the chat and any questions for our,panelists please utilize our,q a feature you will see at the bottom,that you can see q a and chat,so make sure that you are clicking the,right one,okay so we have,pretty much almost everyone done the,workshop so i will pass it over and get,started so i do want to,introduce catherine curtis our new ceo,for dress for success canada foundation,without further ado i will pass it over,to her and we will get started with,tonight's workshop,hi good evening thank you cassie uh,welcome,everybody i'm i'm as excited as you are,this is my first uh,workshop with tjx i joined the,foundation as their,new full-time ceo uh six weeks ago so,um still on the learning curve but just,loving all,of the work that's being done across the,country by dress for success,i am happy to thank,tjx canada and the panelists with us,tonight this is our,third year of a national partnership,and we're really excited to present,tonight which is the third in a series,and i'm going to turn it over to libby,who is,public relations and corporate social,responsibility,at tgx,hi everyone can you hear me okay,are we good okay great so i'll kick off,the intro,so i am libby sent and i'm the manager,of public relatio

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TJX Companies ($TJX) - Quick Stock Analysis

we'd like to finish up with,tj maxx um do we have time i think we,should right don,i'd say so all right tjx everybody loves,tj maxx they own a lot of different,companies besides tj,maxx home goods baby home goods,21 000 vendors wow that's impressive,um okay so tj maxx every chick in the,world loves tj maxx,ready um call it 80 billion market cap,pe of 110. i guarantee that's misleading,for some reason there was something that,happened,obviously you know what happened kovid,they still made money in the last 12,months even with kovid,that's what happened so keep that in,mind it's an x on there,but their profit margin last quarter was,eight and a half percent i'm gonna think,this is gonna be an x overall for profit,margin,um 1.6 dividend on 80 billion,is 800 million and 400 so 1.3,billion dollars that was our dynasty,owner um,thing 1.3 billion dollars so we have two,x's,uh p e ratio and profit margin,and with account for 1.3 billion dollars,in,dividends every year pillar number three,is revenue growth over the past five,years,the revenue growth uh 31 billion 42,billion check mark there,again find out how much of that was same,store versus growing stores,so two x's and one check for tj maxx we,want to look at profit growth as pillar,number four,2.3 3.3 check mark there yeah,number five pill number five is shares,outstanding we want this going down,check mark there 1.35 down to 1.2,and easily a 10 drop that's pretty,awesome current assets over current,liabilities is pillar number six baby,current assets 16.7 billion current,liabilities,11.82 check mark there uh so they have,plenty to go off of there,so it's looking pretty good paul for two,years it is free cash flow growth this,is me,flawed a bit with last year i assume,well this is not going to have last,year's numbers in there okay we will,look at that but this is not going to,have last year's numbers in there,so 2.1 billion to,2.8 billion,you check there then 2.6,two to nine please don't screw this up,sometimes i got it divided by five,is two point two and a half two and a,half point five billion does that sound,right that doesn't sound about right,times i hate to show bias here,i almost feel like come on give it to us,i i think it's a 20 times multiple it's,50 billion dollars,so it's still an x but i do think tj,maxx,has the potential because i don't think,i like about tj maxx's they buy a lot of,closeouts,so the online part of that you're gonna,have the competition they have a reason,to drive people's stores,women always know you go to tj maxx when,they get their tuesday deliveries you go,in there you find what they have you,pick it up,you go like it's limited supply i like,that it's gonna be hard to do online,and every location is different i think,a premium for retail,on tj maxx is worth it but i still think,the stock needs to fall,because what's the market cap 80. yeah,so it needs to fall by 30,or so 40 i i still like a 20 times,multiple for the free cash flow,it's growing it seems to be growin

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Discount retailer TJX ‘comfortable’ with high inventory levels

well we were talking about inventories,earlier in akiko for our chart of the,day this morning we want to talk about,parent company of tj maxx and marshalls,which reported this morning better than,expected earnings but inventories were,up for the company again same story,across a lot of other companies that,have reported because it shows low,demand and a need to discount but seven,billion dollars that's up 37,year over year but you know for tjx,we've seen the stock,jump a lot i don't know if we have the,quote right now but lastly i when i was,looking it was in the green uh if you're,a discount retailer high inventory might,not be the worst thing which explains,why it's up seven percent because,you're a discount retailer you have more,options people can kind of sift through,and have some well you you know i'd be,curious to see how much of that in terms,of their sales starts to pick up because,to your point you know discount retailer,and obviously it's not just apparel,they've got home goods they've got other,you know brands there that certainly,even in good times so what's interesting,about,this whole story about inventories which,we were talking about at the top of the,show is that this is bad for most,retailers because again you're just,stuck holding the bag on all this stuff,that you can't sell and especially if,you have to start discounting it that,makes your margins worse but if you're a,discount retailer your margins are,already lower in fact higher volume is,what helps you and it's actually this,weird situation where tj maxx might be,benefiting from the more empowered,consumer you have a lot more product,coming through which means there's,higher you know because i mean look you,will spend what 30 45 minutes in a tj,maxx looking for something nice and if,you have more options available to you,then there's a higher probability you're,gonna walk out with something especially,even in this environment where you might,be willing to pay another two or three,dollars for a t-shirt because of some of,the leftover stimulus money so that's,why i want to emphasize that the better,statistic maybe to look at is the,adjusted pre-tax margin which was 9.4,for the quarter for tj maxx it was 7.2,percent the same time last year so even,though that chart that we showed you,there were lower inventories at the same,time last year it's actually coincided,with higher margins for this company as,well which i think is a reason why,they're one of the only winners on the,street well and you'd also think with,you know department stores we're talking,about sort of higher end that trickles,down right if they have additional,inventory that comes through to tj maxx,that's why you go to discount retailers,so they might have more inventory but,steeper discounts which would bring more,people into the store yeah and the call,happening right now management saying,that they're comfortable with the,inventory levels even though it's up 40,uh year over year but of course um i,don't kn

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TJX's Initial Sell Off Was an Overreaction to Earnings

okay TJX companies released their,quarter today and shares opened up down,almost 5% and just really didn't make a,lot of sense to me and it looks like,cooler heads are prevailing and it's,coming back to almost break even for the,day in fairness I guess that the market,did open a little weak and maybe you,know who knows why it was down as much,as it was you can't here's the thing you,can't get too emotional about it,right there could have been a big fund,that this was their their q2 so sallet,who knows exactly why all right but you,got a goal with what the data says okay,so the data basically there it is on our,graphic revenue was up 4.8% earnings per,share was up 7.1 so nice that's great,and by the way you know we're not it's,not high growth company so that was,pretty much in line ok revenue missed by,one percent but earnings per share was,right in life okay so that's that's the,story don't look at that stock price,because you will just get confused and,you're really are better off to act on a,stock price if this is the earnings,report you get okay so and I get it why,people would be confused because my,goodness these headlines to come out,like TJX stock is slipping because,discount retails isn't safe anymore no,it says whoever TGX dips after missing,estimates signals more retail lows,no first of all they didn't miss they,were right in line now maybe I don't,think someone would publish a miss,unless their data said that but there's,no way it was a Miss by more than a,penny,or something like that because you know,our data said it was right in line if it,was a Miss it was you know they're using,another source of data and it was missed,by a penny maybe two at the most,like this is not it's correct it just it,kills me to listen like you really got,it I said you gotta be unemotional and,not read these headlines unless you just,want to do it for fun TJ I did that one,couple more in here Cramer wait to buy,TJX TJX missus earning below and opens,below key moving average moving average,nonsense drive me nuts,all right so pretty much let's just call,it inline and a nice move forward so low,growth that's fine that's what you got,in this company let's take a look at in,our work of course I should have a work,up there it is look at the return on,invested capital history,it's just year in and year out 20% plus,the worst year they I was 2008 2009 when,it was 16% that is a first world problem,valuations still very good like I just I,just not I'm just not on board with,those crazy headlines I read I just,think you got a XA this is a good,quality company they're doing what,they're supposed to do yeah they're in,low growth but they're they're punching,out good cash flows every quarter and,there's no reason they can't beat and,retail or discount retailers are not bad,none of that is true the data doesn't,say it and it certainly certainly not a,TJX so try not to be emotional TJX still,looks good,thank you for watching our investment,video this is the same analysis we

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How TJ Maxx is Thriving in the Retail Apocalypse - Cheddar Examines

in the next five to six years 25% of,malls are likely to have closed and,online shopping will make up 25% of all,retail sales in the United States you,know the story by now because since 2010,retail stores have been declaring,bankruptcy scaling back locations and,going out of business,steadily enough that in 2017 an Atlantic,article coined a phrase to describe the,carnage the retail apocalypse this isn't,empty sloganeering the numbers back it,up the average u.s. household spent,$5,200 online last year which is up,nearly 50 percent from five years,earlier let's have a moment of silence,for some of the victims you know who's,not afraid of big bad Amazon t.j.maxx,they're not only surviving they're,thriving through the retail apocalypse,for the past 23 years they've reported,increased revenue every quarter there's,a simple strategy based on human,psychology combined with an innovative,buying team and nimble logistics tell us,your secrets t.j.maxx,okay and while we're here let's just,take a second to get subscribe if that's,something you haven't done yet okay,onward let's start with the simplest,part of the formula everyone loves a,bargain and doubly so when it's an,unexpected deal we know from research,that the mere anticipation of a reward,gives us a dopamine rush this effect is,stronger when the reward is,unpredictable think of a slot machine,you're hooked on the dopamine hit you,get from pulling that lever whether you,get a payout or not in the retail,industry this is called the treasure,hunt effect because of TJ Max's,inventory a selection of goods that is,broad but not deep the constantly,rotating selection creates a sense of,urgency it's now or never,it might not be here if you wait and,think on it to pull the strategy off TJ,Max and other off-price retailers need,to be able to do a high volume of sales,at a high speed,TJ max lives by the mantra door to floor,and 24 merchandise often arrives at,stores on rolling racks that employees,wheels straight from the truck to the,sales floor TJ Maxx takes an average of,25 days to sell its merchandise a,quarter of the time it takes traditional,department stores that's how they handle,the high turnover that keeps customers,coming back to check in for new,treasures which brings us to TJ Max's,secret weapon their team of 1,000 buyers,their buying team is considered one of,the best in the industry by retailers,and retail analysts the buyers are the,geniuses responsible for curating that,perfect mix of stuff you need and stuff,you didn't know you needed but are,thrilled to discover buried in a rack at,35 percent off the retail price,before the buyers are turned loose they,undergo a rigorous training program,called TJX University the goal is to,teach each buyer how to identify value,they're taught to use a formula that,rates an item's brand fashion quality,and price on a scale of one to four a,score of 16 is considered a perfect body,the buyers spend three years in training,shadowing more experienced buyers all

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-TJX - Corporate-

♪,Passion for fashion.,The style of success.,Experience growth through open minds and open markets.,TJX Companies is a global company in the United States, in Canada, in the UK, and in Europe.,Our business is truly about giving value to our customer.,We positioned ourselves as a global company and no walls.,And that is the sharing of ideas across the oceans.,And even though we’re as big as we are, we know each others names,,we walk around the halls, we are constantly supporting each other.,I love it here!,I am learning and growing every single day.,I’m Catharine Kelley and I’m a Senior Talent Acquisition Specialist.,It’s a very family oriented company.,I don’t have any family around in the area because I come from another country.,So for me TJX became like my family.,I am Luisa Quintero-Langevin and I work for financial accounting.,It’s a culture that cares, it’s a culture that respects its people and,it’s a culture that gives people from all different backgrounds an opportunity to learn, grow and develop.,Coming from the stock clerk in a store to a Vice President,,I think that’s a pretty good sign that this company offers its people support.,I’m Anthony Jerome Smalls, Vice President of Community Relations.,You can really do multiple roles.,I’ve gone from an email background for support to a remote support to store systems to corporate.,I’m actually moving over to TJX Europe.,I’m Steve Collins, the Manager of Software Productions for the Store Systems Group.,Hey Kathy, are you here for your prize?,We do raffles, we do all of the things like Associate of the Quarter.,It makes people feel like they’re valued in their job.,Not just by their boss but by the company as a whole.,I’m Shaine Belli and I support the TJX Activities Group.,TJX had an ice cream truck outside and I see the sign, it says 25 cent ice creams each.,What a fun thing on a hot summer day.,We have two gyms on site.,We have a golf clinic on site, which I actually love to toy around with.,I had the opportunity to look at the day care center so if I needed that, that’s there.,One of the aspects that make that culture so unique is the fact that we’re able to take time to give back.,We support over 1800 charities.,At the Blackstone Community Center, it needed quite a bit of work.,You really got to see what you were doing and how it was going to help these kids.,I love the people that I work with, I love the job that I do and the different opportunities that I get.,The feedback that I get really shows me that I have a place here.,I encourage anyone to join us, because it’s a great place to be and,it’s an exciting time to be a part of this great business culture.,Are you ready to be challenged?,Are you ready for exciting projects and are you ready to work with people who are bright, engaging?,This is the place.,I truly feel like I’ve come home.

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Tjx presentation

hi guys I'm Ryan I'm Emily I'm Kelly,finance consultation we're here today to,tell you about our big idea,so with the show of hands can I ask the,nominee of us here have an issue that we,are concerned about or passionate about,so a good majority of us now keep your,hand raised if you would like to help,with those issues that you are,passionate about,okay another good majority of us but now,keep your hand raised if you have,actually done significant work in,helping to improve the issues that you,feel passionate about so significantly,less buzz so what we are proposing to,TJX,and to you guys is an opportunity for,young Millennials young adults like us,who once that want to help issues with,issues that we're passionate about but,maybe don't have the money or the power,to do it and we do so through,partnerships with certain organizations,that you get access a portion of our,proceeds will go to tours of that,organization so our big idea is to drive,it increase sales from Millennials,through the enhancement of corporate,social responsibility at t.j.maxx that,is conveyed through targeted social,media and Internet,and we plan to lose to collaborations,for example with each other's Hospital,like drawing so children in this story,and we also want to include like monthly,causes such as breast cancer in October,and Autism Awareness in April as well as,as well as expand their current existing,CSR relationships which we currently,have with mr. bronze we want to put it,like like show it off this,just for us we also want to take,advantage of regional events such as the,one that currently happen just happened,in North Carolina with the hurricane and,try to create initiatives that might,send money to that can send money to,so the value what value are referring,into TJX so what we're going to do is,enhance their reputation through the,magnification of their corporate social,responsibility and how we're gonna do,that is with Millennials Millennials are,the future generation of this country as,you conceive Millennials makeups 71,million people in America and they're,about approximately 330 million people,they have a big chunk of our country and,they're only rising so one thing we've,noticed that really stood out to us with,PJ X's analysts had predicted that TJX,aims for a revenue year-over-year wrote,2 to 3 percent and TJX actually grew 6%,last year so their same store sales are,continuing to increase despite the,digital age lastly TJ Mack,TJX is also an untapped market for most,Millennials as most Millennials value,experiences over tangible goods we see,this is a market for Millennials to save,money on things like clothes clothing,and accessories and put more money,towards those experiences and we want to,get the Millennials to buy now rather,than later when they're 35 or 40 or,whatever that,be so taking a look at this info graph,we can see that millenials make up two,point four five percent two point four,or five trillion dollars in spending,power and that's about

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