What is “Off-Price” Retailing?
Who we are
Brand names for you, your family and your home for less. Every day. Our mission is to deliver great value to our customers every day. We do this by offering a rapidly changing assortment of quality, fashionable, brand name, and designer merchandise at prices generally 20%-60% below full-price retailers’ (including department, specialty, and major online retailers) regular prices on comparable merchandise. We’re able to offer these great values because of our flexible business model, our strong vendor relationships and our opportunistic buying strategies. TJX is not an outlet store, but an off-price retailer.
Our stores are constantly changing as we offer a continual flow of fresh and rapidly changing merchandise. Each store receives several deliveries per week, with each delivery containing thousands of items.
We take advantage of a wide variety of opportunities to buy merchandise. These opportunities can include department store cancellations, a manufacturer making up too much product, or a closeout deal when a vendor wants to clear merchandise at the end of a season, as well as lots of other ways to bring you tremendous value.
How we do it
Our buyers are on the hunt throughout the year for the hottest brand name and designer fashions of the season for the entire family and home. We also buy from all kinds of vendors: big brand names to boutique, designer labels, as well as up-and-coming labels and one-of-a-kind gems. Our buyers are opportunistic and entrepreneurial. So when a designer overproduces or other stores overbuy, we swoop in, negotiate the lowest possible price, and pass the savings on!