Stocks #39 – TJX Companies Inc
To achieve this, the company works with a strategy of "opportunistic purchases", continuously purchasing goods on sale as soon as the opportunity arises, instead of acquiring them in advance. This requires a high degree of flexibility in the inventory and high precision in identifying promotional goods that are appropriate to consumer trends.
The company has more than 3800 stores in the USA, Europe and Canada. Most of the revenue, however, is concentrated in US stores, about 77% of total net revenue.. Know more
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