TJ Maxx 2015 Annual Report Download - page 25

Download and view the complete annual report

Please find page 25 of the 2015 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 100

  • 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

Store counts above include the T.J. Maxx, Marshalls or HomeGoods portion of a superstore. Not included
above are eight Sierra Trading Post stores; three in Colorado, two in Wyoming and one each in Idaho, Nevada,
and Vermont.
Canada:
Winners HomeSense Marshalls
Alberta 29 13 3
British Columbia 32 16 4
Manitoba 712
New Brunswick 4 3 1
Newfoundland 21—
Nova Scotia 11 2 2
Ontario 112 47 24
Prince Edward Island 1 1 —
Quebec 43 15 4
Saskatchewan 421
Total Stores 245 101 41
Store counts above include the Winners or HomeSense portion of a superstore.
Europe:
T.K. Maxx HomeSense
United Kingdom 304 39
Republic of Ireland 24 —
Germany 93 —
Poland 30 —
Austria 3—
The Netherlands 2—
Total Stores 456 39
Australia:
Trade Secret
Australian Capital Territory 2
New South Wales 11
Queensland 17
Victoria 5
Total Stores 35
Competition. The retail apparel and home fashion business is highly competitive. We compete on the basis of
factors including brand, fashion, price, quality, selection and freshness; in-store service and shopping experience;
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, on-line or other media.
Employees. At January 30, 2016, we had approximately 216,000 employees, many of whom work less than
40 hours per week. In addition, we hire temporary employees, particularly during the peak back-to-school and holiday
seasons.
Trademarks. We have the right to use our principal trademarks and service marks, which are T.J. Maxx,
Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, Sierra Trading Post and Trade Secret, in relevant
countries. We expect our rights in these trademarks and service marks to endure in locations where we use them for
as long as we continue to do so.
Seasonality. Our business is subject to seasonal influences. In the second half of the year, which includes the
back-to-school and year-end holiday seasons, we generally realize higher levels of sales and income.
9