January 2016
Intermediate to advanced
480 pages
132h 28m
English
book
Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 16/e
by Fred R. David, Forest R. David
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Future
TJX reported that its fiscal year 2015 comparable store sales increased 2 percent, compared to a 3 percent increase the prior year. In the United States, Marmaxx comps were up 3 percent. HomeGoods reported an outstanding quarter that ended January 31, 2015, with comparable stores sales up 11 percent.
TJX’s plans for 2015 include remodeling about 225 stores and adding 181 stores globally. At Marmaxx, the company plans to increase their store base by over 40 percent to about 3,000 stores, partly because in 2014, Marmaxx’s segment profit margin was a strong 14.6 percent. The company recently raised TJX Canada’s long-term store estimate to around 500 stores—50 more than their prior estimate. The company plans to grow the Marshalls chain to ...
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