TJ Maxx 2015 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 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

GAINING MARKET SHARE
TJX is the only major international off-price apparel and
home fashions retailer! We are also one of the few large
U.S. retailers to have expanded profitably internationally.
For almost four decades, we have delivered steady sales
and profit growth in the U.S. In 2015, we marked our
25th year in Canada. We brought our off-price concept
to the U.K. and Ireland more than two decades ago,
and have been operating in Germany and Poland
for over five years. In 2015, we were proud to open
in Austria and the Netherlands and delighted to
expand to Australia with our acquisition of Trade
Secret. We now operate in nine countries on
three continents!
With decades of developing global teams and
infrastructures, TJX has built a deeply integrated,
international business. We see our global
footprint and extensive international expertise
as a major advantage. In 2015, we believe
we gained significant market share across
geographies. As we look ahead, we see
enormous opportunities to continue gaining
market share and building our leadership
positions. We are balancing our growth
with investments, taking a disciplined
approach in order to lay a strong foun-
dation that will position us well for the
future. In 2016, we will continue our
significant investments in new stores
and remodels, our supply chain, new
seeds for growth, and developing talent.
Simultaneously, we plan to continue
our substantial shareholder distri-
butions. All of this underscores our
confidence in our ability to continue
the profitable growth of our off-price
value concept around the world!