Can TJX Companies Fix Its Weakest Link?
TJX Companies (NYSE: TJX), which owns off-price stores T.J. Maxx, Marshalls, HomeGoods, HomeSense, and Sierra Trading Post, has benefited from the "retail apocalypse" by gobbling up struggling retailers' inventories at rock-bottom prices and selling them to consumers at lower prices than Amazon.
TJX accomplishes this by leveraging its scale to buy goods from more than 21,000 vendors in over 100 countries. It then quickly rotates those products at its stores to lure customers back to its brick-and-mortar locations for a "treasure hunt" experience.
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Source Fool.com
