How T.J. Maxx Disrupted The Retail Industry

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  • Опубліковано 11 жов 2024

КОМЕНТАРІ • 109

  • @ranx9078
    @ranx9078 4 години тому +87

    Maybe people are just sick of overpaying for stuff. Lol..

    • @NELSONG12
      @NELSONG12 3 години тому +1

      Yep, no need to over pay for stuff we don't need.

    • @tiffanycurtis4794
      @tiffanycurtis4794 Годину тому

      That’s called inflation

    • @ranx9078
      @ranx9078 Годину тому

      @@tiffanycurtis4794 did you salary inflate at the same rate?

  • @lancebrooks6632
    @lancebrooks6632 4 години тому +93

    It feels like T.J. Maxx isn't the same. If feels like things are made specifically for the discount store these days.

    • @Bookworm214-y3d
      @Bookworm214-y3d 3 години тому +5

      inflation, the dollar is weaker also...so things are made cheaper which also means the materials are inferior which means that $500 cofee machine was $200 a decade ago

    • @paillette2010
      @paillette2010 3 години тому +1

      That’s a20 year old phenomenon

    • @UmmYeahOk
      @UmmYeahOk 3 години тому +14

      This is fact. Many times products are made specifically for the outlet stores. Places like TJ Max may get last years unsold merch, but many of the designer outlet stores sell products that were made for the sole purpose of being sold at their outlet, making the consumer think they’re getting a deal, when in reality, they aren’t.

    • @marciawade9101
      @marciawade9101 3 години тому +1

      ​@@UmmYeahOk Now THAT'S the truth!

    • @marciawade9101
      @marciawade9101 3 години тому +2

      Yep, you're right about that, and, the store just feels cheap to me. 🤷

  • @JordanRacks-vg9vo
    @JordanRacks-vg9vo 2 години тому +16

    T.J. Maxx has been the spot since the 90s. A lot of people thought they were too good to shop there... until they pockets got low. Now, hopefully, they don't get greedy and start raising their prices 💯

    • @mida8261
      @mida8261 32 хвилини тому

      That's exactly what's gonna happen. People were "too good" to be seen in thrift stores until those got popular. When those got popular, thrift stores starting raising their prices.

  • @visualonestudio
    @visualonestudio 2 години тому +13

    When i was in elementary school, i told kids TJ Maxx started as Mexican company called Tijuana to the Maximum. And everyone believed me. It's not true. But it seemed right to a 8 year old. 😂

  • @chris-y05
    @chris-y05 2 години тому +6

    TJ Maxx also has an advantage over outlets: convenience. Consumers no longer have to drive an hour to an outlet, they can get similar goods for the same price albeit a much smaller selection. To make up the difference, consumers just have to visit the TJ Maxx stores more often, exactly what TJX wanted 😅

  • @chad9971
    @chad9971 3 години тому +10

    As with thrift shopping, TJX shopping is getting too commercial and the “bargain” prices are inflating.

  • @Steven-xf8mz
    @Steven-xf8mz 3 години тому +18

    Always remember the best bargain of any sale is not buying unnecessary goods.
    I don't understand how people buy so much really. Maybe I'm just too cheap/frugal/simple, but reality is people don't need so much goods at home to live. Live simple and healthy, maintain a diversified investment, pay off your mortgage, and retire a bit early & enjoy your 60s without work stress.

    • @FML_85
      @FML_85 2 години тому

      This is some sort of financial utopia you live in and you either don't have children or you make well over six figures.

    • @nucleardog6675
      @nucleardog6675 2 години тому

      When you do have to buy stuff then discount stores are the best

    • @saulgoodman2018
      @saulgoodman2018 Годину тому

      There's 325 million people in this country.

  • @Lucky_9705
    @Lucky_9705 3 години тому +14

    Retail prices are skyrocketing, and many people cannot afford to buy clothing from these stores anymore.
    that’s why they’re flocking to TJX stores

    • @Starry_Night_Sky7455
      @Starry_Night_Sky7455 Годину тому

      There are better deals via other sources.

    • @misterniceguy67
      @misterniceguy67 Годину тому

      Nobody in the USA, Canada, Europe really needs more clothes. It is an obsession and waste of money to buy new clothes every week, or even every year. My favorite shirt that I still wear came from a drift store in Costa Rica 12 years ago. The best $3 deal ever.

  • @Ashley_FNU
    @Ashley_FNU Годину тому +3

    I always get my luggage there

  • @dudenamedhero
    @dudenamedhero Годину тому +2

    Loll.. T.K. Maxx is called T.J. Maxx in the US. That's wild!

  • @mmatrix3998
    @mmatrix3998 4 години тому +8

    I love TJMaxx. Only thing i would say is I wish every store was the same. Some TJmaxx have very little options compared to some of the other stores.

    • @nucleardog6675
      @nucleardog6675 2 години тому +1

      That is the appeal of tj Maxx according to the video lol

  • @JoelsterG4k
    @JoelsterG4k 3 години тому +5

    There are so many of these kind of stores around my neighborhood lol, we have Burlingtons, Ross, DDs, Marshall's, Nordstrom Rack, so many choices, but i can never find my sizes lol.

  • @lukodaian
    @lukodaian 4 години тому +6

    CNBC these investment advice videos are great,❤ appreciate it

  • @vsznry
    @vsznry 4 години тому +6

    I shop at Maxx or Rack for everyday stuff.
    But when it comes to going out... lux outfits etc. you need dive much deeper & you get what you pay for.

    • @smoothiegirl7124
      @smoothiegirl7124 4 години тому +2

      Yes, I agree. I love to shop TJMaxx, Homegoods and Marshalls for everday items as well!

  • @falcon010216
    @falcon010216 3 години тому +2

    In Germany, their sister company TK Maxx is a winner.

  • @tonyotag
    @tonyotag 50 хвилин тому

    A very good case study on proper retail marketing and procurement chain

  • @joeybaseball7352
    @joeybaseball7352 2 години тому +3

    5:17 CNBC why would you reward TJMAXX with a video praising them, if they won't even give you the time of day, or let you film in their store? This video is one giant puff piece, that they didn't earn.

  • @balikadam35
    @balikadam35 13 хвилин тому

    I know somebody millionaire, whenever he travels to USA. He only shops at TJX stores.. Dan when he’s back to his country, nobody can see the difference it is bought from TJX or from the brand store

  • @janetr5929
    @janetr5929 2 години тому +1

    The stores in our city are and always been such a mess. The goods feel dirty and not even worth the discount.

  • @JojoLannister
    @JojoLannister 20 хвилин тому

    I never really find clothes I like at TJmaxx, it’s like used clothes at thrift store. But Homegoods I love.

  • @finesupplements9698
    @finesupplements9698 3 години тому +9

    Is it TJMaxx or TJX? They keep saying them interchangeably it’s confusing the hell out of me

    • @Shahyan1992
      @Shahyan1992 3 години тому +11

      TJX = Parent company
      TJ Maxx/Marshalls/Home Goods etc = Retail brands owned by TJX

    • @twlee1930
      @twlee1930 2 години тому +3

      TJX is the stock ticker of the umbrella company. Underneath they have TJ Maxx, Homegoods, Marshalls, etc.

    • @JasonClark-e3f
      @JasonClark-e3f Годину тому +3

      In England it's called T K maxx

  • @biggerminds523
    @biggerminds523 4 години тому +3

    They are not obsessed, they are manipulated by commercial and media to do extreme over consumption

  • @bluebear6570
    @bluebear6570 3 години тому +3

    It´s the Aldi or Lidl of retailers.

  • @newmobile1455
    @newmobile1455 2 години тому +2

    who has any money left after paying their bills to go shopping

    • @dollarboy500
      @dollarboy500 37 хвилин тому

      Credit card debt

    • @newmobile1455
      @newmobile1455 17 хвилин тому

      @@dollarboy500 most people don't need to have anything to do with a credit card

  • @Allofussurvived
    @Allofussurvived 3 години тому +3

    Why should anyone care about these Companies

  • @Duchesse_Justice
    @Duchesse_Justice 3 години тому +1

    You said it yourself. You're in NY. Shopping and fashion is a million trillion times better. Come to a TJ Maxx that's not a major fashion city and see what you find. Or don't.

  • @Paul-e9x4h
    @Paul-e9x4h 4 години тому +1

    Industri retail lebih berkembang pesat dengan konektifitas dalam pasar global

  • @MahadHirad
    @MahadHirad 45 хвилин тому

    There is NO obsession with TJ Maxx and other merger.

  • @chiseen
    @chiseen 2 години тому +1

    So instead of the retailers selling it at heavily discounted prices, tjx sells it at that price mixed with the rush of finding a “treasure”. 😂

  • @FML_85
    @FML_85 2 години тому

    I dont know - it may be "discount" if its a designer brand but a designer purse is still gonna cost $200+ at TJ Maxx and ive never been a fan of shopping there.

  • @socalgolf9978
    @socalgolf9978 3 години тому

    That’s because these are the prices we should be paying not the crazy markup at the mall

  • @BillyPhilipRwoth
    @BillyPhilipRwoth 2 години тому +1

    Is TK Maxx in the UK also part of TJ Maxx?

  • @AbdulAli-ci7mz
    @AbdulAli-ci7mz Годину тому +1

    they no what you want at a fair price

  • @kwameansah7663
    @kwameansah7663 28 хвилин тому

    He said 4% growth in 2025 ? How is that possible, we are still in 2024.

  • @eminentjonfrost
    @eminentjonfrost Годину тому +1

    Its cheaper, 9 minutes unnecessary 🙄

  • @minshuajo
    @minshuajo 3 години тому +1

    its great and all, but you see looting or boosting in tj or Marshall it says a lot.

  • @alexanderbingel6413
    @alexanderbingel6413 Годину тому

    5:15 How do they have a Q1’25 earnings call in may of 2024? Must be Q1’24 right ?

  • @murstyle
    @murstyle 4 години тому +2

    @8:00 how did they report Q2 2025 sales. I knew they could tell the future!

    • @Shahyan1992
      @Shahyan1992 3 години тому +1

      Funny thing is, this mistake made it through a video editor, and the person doing voice over. Assuming at least 1 or 2 layers of review, 3-4 different people missed this/just went along with the mistake!!

    • @drewp1102
      @drewp1102 Годину тому

      TJX fiscal year runs about 10 months ahead of calendar year. So FY 26 will begin in March 2025. Source: I work there.

  • @Tavis_aka_Kalik
    @Tavis_aka_Kalik 2 години тому

    4% increase in Q2 of 2025 while we are in Oct 24 is some Marty McFly ish.

  • @JogBird
    @JogBird 2 години тому

    i dont understand why ppl like shopping... their store sounds like a nightmare.. who has time for this

  • @dfsjkl4352
    @dfsjkl4352 Годину тому +1

    tj maxx is now too expensive. we need the tx maxx of the tj maxx now

  • @andreipop1
    @andreipop1 54 хвилини тому

    Went in one in Austria, left in 5 minutes. The worst and ugliest store ever.

  • @Petrolhead11
    @Petrolhead11 3 години тому +1

    Or people realised they are being looted with brand logo for exactly same stuffs

  • @kenedtsu
    @kenedtsu 2 години тому

    I go to TJ Maxx for the snacks haha. Not even kidding. I love BODOs bars and BODOs bites. Every couple months I go in and buy $40 dollars worth to have at home. Save roughly $10 on them compared to Target or the grocery store.

  • @lysandertavish1684
    @lysandertavish1684 Годину тому

    "They had 4% same stores growth in their fiscal second 2025 quarter" cnbc from the future apparently at 8:04

  • @jacek-v9y
    @jacek-v9y 2 години тому

    TJ Maxx is expensive in Poland, barely distinguishable from normal stores. I suppose US is different.

  • @nucleardog6675
    @nucleardog6675 2 години тому

    I went to home sense which is owned by tj Maxx and it's great. I got pants from good brands at discount

  • @BRoyceEke
    @BRoyceEke 3 години тому

    Been shopping 🛒 there for 20 yrs lol

  • @lilblackfish2009
    @lilblackfish2009 22 хвилини тому

    you should go you should to TJ maxx ,,,,,,,, i miss that song lol

  • @tiffanycurtis4794
    @tiffanycurtis4794 Годину тому

    I love TJ Maxx, and HomeGoods. You can really find some cool stuff and you know what’s another cool place thrift stores. Just saying.🤣

  • @Starry_Night_Sky7455
    @Starry_Night_Sky7455 Годину тому

    It's stupid to pay MSRP. Incredibly stupid! So, enjoy your items you find at the lowest market price. Dont be swept up by brand 🙄labels. However if you know a brand is a good quality, enjoy!

  • @auro1986
    @auro1986 2 години тому

    how? ryan and other cnbc journalists and reporters get everything there. cnbc alsohas investments in tj maxx

  • @AlohaBaby1004
    @AlohaBaby1004 3 години тому +2

    Personally, I like to go to Ross for less 🥰

  • @hannahdunn2796
    @hannahdunn2796 Годину тому

    Why some of these people acting like the M is silent...

  • @ascendent6949
    @ascendent6949 2 години тому

    It's 2024 not 2025

  • @shaduck06
    @shaduck06 4 години тому +2

    tj maxx shuttered in San Francisco

  • @MarsVlogSoon
    @MarsVlogSoon 2 години тому

    T.K Maxx in the UK

  • @CarbinKid
    @CarbinKid 2 години тому

    The formula is the same things are half the price atleast for good brands. #Simple

  • @NormanHesseltine-r7e
    @NormanHesseltine-r7e Годину тому

    Noemi Highway

  • @juang1one
    @juang1one 3 години тому +1

    ...Burlington is better 😃

  • @supermodelatlanta1354
    @supermodelatlanta1354 Годину тому

    Good will is better

  • @albertbell-b7x
    @albertbell-b7x 58 хвилин тому

    Brent Groves

  • @ObadiahCorey-u7y
    @ObadiahCorey-u7y Годину тому

    Rodriguez Anthony Davis Donna Walker Jose

  • @charlieboy3321
    @charlieboy3321 4 години тому +2

    First

  • @dfgt-su9ki
    @dfgt-su9ki 3 години тому

    i dont think they are pro Palestine.... so no support from me. i buy only lokal and not multynationals!

  • @kavecrock1112
    @kavecrock1112 40 хвилин тому

    I have no clue what this video is talking about. I am not drawn to T.J. Maxx, Marshalls and HomeGoods. I don't know anyone who is hooked onto these stores.

  • @AmethystPrince22
    @AmethystPrince22 3 години тому

    Love TJ MAXXX