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At TJX, we challenge ourselves every day to improve the ways in which we embrace and leverage differences among people, whether they are our Associates, customers, vendors, other business associates or the community at large. As an organization, we are committed at the Board of Directors and executive levels, and throughout the organization, to continuing to strengthen our position as a Company of Choice. In that spirit, we promote the benefits of leveraging the differences among our customers as a Retailer of Choice, among our Associates as an Employer of Choice, and within our communities as a Neighbor of Choice.
In 2012, TJX was again recognized by Fortune Magazine in its Most Admired Companies issue, and ranked #2 among Specialty Apparel Retailers for the second consecutive year. Although honored by this recognition, as a Company of Choice, we know that our job is to continually improve as an organization every day.
A Diverse Global View
With approximately 168,000 Associates and 2,905 stores worldwide at the end of fiscal year 2012, we, at TJX, recognize that it is essential to our growth and success to represent, understand and leverage the differences and diversity of people inside and outside our organization. In the U.S., which comprises the vast majority of TJX's Associates, our Associate base in 2011 was comprised of over 75% women and more than 52% people of color, and our management was comprised of about 61% women and nearly 29% people of color. Our merchant organization, which numbers more than 700 people, travels globally and sources from more than 15,000 vendors in over 60 countries.
Our Job is Never Done
At TJX, we have a long history of treating people with dignity, fairness and respect. We understand however, that when it comes to valuing people and leveraging differences, our work is never done. We know that our success in leveraging differences rests on our ability to see this process as a continuous journey.