RMG 100 Lecture Notes - Lecture 7: Tjx Companies, Homesense
Document Summary
Tjx and winners transition: more capital for expansion, more vendor network. Supply chain door to floor in 24 hours: europe to new jersey port to toronto by trucks, also from india, uk, australia and philippines. 16 000 products: a+ buckets: flagship stores get all new products; quick turn where ever it is, buckets ranked on sales and demographics. Merchandising: winners: womens fashion, then mens fashion then home goods, gm have some say on merchandising for region, front and church store is non traditional retail outlet with a boutique feel. Tjx banners: winners: high end women"s fashion, singles, marshalls: family oriented with emphasis on men"s fashion, older homesense: home goods. Winners and homesense located together to increase foot traffic across different banners. Tj max- no plans to come to canada; similar to winners and marshalls, winners is higher end.