TJX Cos Inc , The in Retailing

Company Profile

About This Report

Dec 2013

Having faced a number of recessions, off-price retailer TJX Cos has succeeded in maintaining sales growth over 2008-2013 to retain the world’s leading position within apparel and footwear specialist retailers. What the company is facing now is market saturation and overreliance on its domestic market, the US. In this report, Euromonitor International analyses the company’s growth outlook through expansion in markets outside the US and internet retailing developments.

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TJX Cos Inc , The in Retailing

Euromonitor International's report on TJX Cos Inc, The delivers a detailed strategic analysis of the company's business, examining its performance in the Retailing market and the global economy.

Company and market share data provide a detailed look at the financial position of TJX Cos Inc, The, while in-depth qualitative analysis will help you understand the brand strategy and growth prospects of TJX Cos Inc, The.

This report examines:
  • Company share by region and sector
  • Brand portfolio
  • New product developments
  • Marketing and distribution strategies

A detailed SWOT analysis of TJX Cos Inc, The provides strategic intelligence on:
  • Strengths and weaknesses
  • Category and country opportunities for growth
  • Challenges and threats from current competition and future prospects
  • Global and regional market positions

Research You Can Trust:

Euromonitor International's company profile reports are written by our Retailing research team, a dedicated group of analysts that knows the industry inside and out.

Buy this report to inform your planning, strategy, marketing, sales and competitor intelligence functions.

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Scope of the Report

Scope

Strategic Evaluation

Key company facts
First half year results in 2013
SWOT: TJX Cos Inc , The
Key strategic objectives and challenges

Competitive Positioning

TJX Cos outperforms global retailing
The leading global apparel and footwear specialist retailer
TJX Cos Inc fares favourably versus other value retailers
Different business models: Off-price vs single brand specialists

Domestic Strategy

Importance of domestic market
Strong US Coverage
Off-price channel gains wider acceptance among US consumers
TJX Cos competes with department stores in the US
Off-price retailers offer bargains in improved in-store environment

International Strategy

Slowly growing international presence
Room for development in Poland and Germany
Potential in neighbouring countries within Europe
Lack of presence in key emerging regions

Multi-channel Strategy

Heavy reliance on apparel and footwear specialist retailers channel
Homewares complement apparel offer
New attempt by TJX Cos to be present online
A business model challenging to replicate online

Brands and products strategy

A vast brand portfolio

Brands and Products Strategy

Store expansion strategy follows the network’s maturity level
Using social media and television to reach younger consumers

Operations

Distribution strategy
Sourcing strategy: Increased supplier base for faster offer renewal

Opportunities and Recommendations

Key recommendations: Expansion, sourcing and internet retailing