TJ Maxx 2009 Annual Report Download - page 24

Download and view the complete annual report

Please find page 24 of the 2009 TJ Maxx annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 101

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101

Stores Located in Canada:
Winners* HomeSense*
Alberta 24 9
British Columbia 27 14
Manitoba 61
New Brunswick 22
Newfoundland 31
Nova Scotia 82
Ontario 98 36
Prince Edward Island 1–
Quebec 39 12
Saskatchewan 32
Total Stores 211 79
*Includes Winners or HomeSense portion of a superstore.
Stores Located in Europe:
T.K. Maxx HomeSense
United Kingdom 220 14
Republic of Ireland 15 –
Germany 24 –
Poland 4–
Total Stores 263 14
Competition
The retail apparel and home fashion business is highly competitive. We compete on the basis of fashion, quality,
price, value, merchandise selection and freshness, brand name recognition, service, reputation and store location. We
compete with local, regional, national and international department, specialty, off-price, discount, warehouse and outlet
stores as well as other retailers that sell apparel, home fashions and other merchandise that we sell, whether in stores,
through catalogues or media or over the internet.
Employees
At January 30, 2010, we had approximately 154,000 employees, many of whom work less than 40 hours per week.
In addition, we hire temporary employees during the peak back-to-school and holiday seasons.
Trademarks
Wehavetherighttouseourprincipaltrademarksandservicemarks,whichareT.J.Maxx,Marshalls,HomeGoods,
Winners, HomeSense, T.K. Maxx and A.J. Wright, in relevant countries. Our rights in these trademarks and service
marks endure for as long as they are used.
Seasonality
Our business is subject to seasonal influences. In the second half of the year, which includes the back-to-school and
holiday seasons, we generally realize higher levels of sales and income.
Sale of Bob’s Stores
In fiscal 2009, we sold Bob’s Stores, a value-oriented, branded apparel chain we acquired in fiscal 2004. The loss on
the sale and historical results of operations have been accounted for as discontinued operations.
SEC Filings and Certifications
Copies of our annual reports on Form 10-K, proxy statements, quarterly reports on Form 10-Q and current reports
on Form 8-K filed with or furnished to the SEC, and any amendments to those documents, are available free of charge
on our website, www.tjx.com, under “SEC Filings,” as soon as reasonably practicable after they are electronically filed
8