TJ Maxx is an off-price retailer that sells brand-name and designer merchandise at prices that are typically 20% to 60% below department and specialty store regular prices. Unlike most off-price retailers, TJ Maxx does not operate outlet stores. Instead, it operates large, warehouse-style stores.
TJ Maxx merchandise is acquired through multiple channels, including closeouts, overstocks, package cancellations, and irregular production lots from manufacturers. Closeouts occur when a manufacturer wants to clear out old merchandise to make room for new styles or products.
Overstocks happen when a manufacturer has too much of a product and needs to sell it quickly. Package cancellations happen when an order for merchandise is cancelled and the manufacturer is stuck with the product. Irregular production lots are products that do not meet a manufacturer’s quality standards but are still usable.
TJ Maxx sells both first-quality merchandise and irregulars. First-quality merchandise includes products that meet all of the manufacturer’s quality standards.
Irregulars are products that do not meet the manufacturer’s quality standards but are still usable. The majority of TJ Maxx’s merchandise is first-quality.
TJ Maxx does not disclose how much of its merchandise comes from each source. However, it is clear that TJ Maxx benefits from having multiple sources for its merchandise. This allows TJ Maxx to offer a wide variety of products at low prices.
How does TJ Maxx get their products?
TJ Maxx gets their products through multiple channels, including closeouts, overstocks, package cancellations, and irregular production lots from manufacturers.
