Tjx Companies Global Strategy
A Case Study of the TJX
Kestrel L. Ambrose
American Public University System
TJX Companies, Inc. is known as the world’s leading off-priced retailer of apparel and home fashions. With its steadily growing brand portfolio, the company aims to offer consumers better value proposition than department stores. Keywords: global strategic management, corporate governance, off-price retail,
Global Strategic Management:
A Case Study of The TJX Companies, Inc.
Based in Framingham, Massachusetts, The TJX Companies, Inc. (TJX or “the company”) is the leading retailer of off-priced fashion and home goods merchandise in the United States and worldwide. The company’s brand …show more content…
In 2011, TJX announced that it had revised its management structure as part of its leadership succession planning [ (The TJX Companies, Inc., 2011) ]. The revision was approved by the company’s board of directors, and delegated the redistributed the responsibilities of the company’s executive officers. Carol Meyrowitz’s contract as the company’s chief executive officer was extended for another 2 years. Meyrowitz still holds the position today, and is also a director of the Board. Nan Stutz heads the HomeGoods and TJX Canada retail divisions; Richard Sherr heads the Marmaxx Group; and Michael MacMillan currently leads TJX Europe.