The Genius Method TJ Maxx Uses To Keep Its Prices So Low
- 5 years ago
TJ Maxx's sales are booming, at a time when retails chains seem to be rapidly approaching extinction.
According to Business Insider, one reason for TJ Maxx's success is simple: they're cheap!
It keeps its prices for designer goods so incredibly low by how they buy their merchandise.
It buys stock from manufacturers that make too much, and department stores that overbuy.
Then, it jumps on deals at the end of the season.
Plus., TJ Maxx also has merchandise manufactured exclusively for its stores.
According to Business Insider, one reason for TJ Maxx's success is simple: they're cheap!
It keeps its prices for designer goods so incredibly low by how they buy their merchandise.
It buys stock from manufacturers that make too much, and department stores that overbuy.
Then, it jumps on deals at the end of the season.
Plus., TJ Maxx also has merchandise manufactured exclusively for its stores.