T.J. Maxx’s Recession-Proof Pricing Strategy, Explained | WSJ The Economics Of

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  • Опубликовано: 16 июл 2024
  • T.J. Maxx and Marshall’s parent company TJX made almost $50 billion last year - more than Nordstrom and Macy’s combined. A decades-old TJ Maxx commercial promises customers “the max for the minimum price” and says the store is “never the same place twice.” But how does the clothing store get its inventory and sell it at such a discount?
    WSJ explains how the off-price retailer gains its inventory and uses consumer psychology to keep customers coming back for more.
    0:00 TJ Maxx’s core strategy
    0:46 Price anchoring
    3:06 Inventory
    5:10 Pandemic’s effects
    The Economics Of
    How do the world's most successful companies generate revenue? In this explainer series, we'll dive into the surprising stories behind how businesses work--exploring everything from Costco's "treasure-hunt" model to the economics behind Amazon's AWS.
    #TJMaxx #Fashion #WSJ

Комментарии • 389

  • @isaa7863
    @isaa7863 Год назад +1260

    This video completely failed to mention that majority of the inventory is not overstock anymore. Since the early 2000s/10s most designers stopped this practice since they realized they could make more money and not devalue their brand by engineering lower quality clothes at different factories specifically made to be sold at lower cost/outlet retailers with just their brand’s tag added. That’s why for ex Michael Kors/Kate Spade bags u see at outlets or TJMaxx are MUCH lower quality than the ones in the store

    • @___beyondhorizon4664
      @___beyondhorizon4664 Год назад +84

      An outlet store manager confirmed that over 20 years old

    • @DanielRoPhotos
      @DanielRoPhotos Год назад +34

      very good observation I was going to comment on that.

    • @marichanx
      @marichanx Год назад +23

      Exactly. Even such Vince “$29.99” discounted shirt still makes a good profit. The same shirt may sell only $10-$15 in China’s online outlet (from the same manufacturer).

    • @k.s.h.2455
      @k.s.h.2455 Год назад +33

      Common sense is not common. It's nothing new that TJ Maxx carries cheaper quality stuff than boutique

    • @Leumasleumas725
      @Leumasleumas725 Год назад +18

      At least 65% of products are made to order, just like the brands' outlet divisions.

  • @crystallewis5902
    @crystallewis5902 Год назад +456

    One of the reasons people are hooked on TJ Maxx is because they're constantly getting new products in, so people who are "Maxxinistas" keep coming back to the store (once a week, several times a week or even daily) to see what's new, what's been discounted, etc. Customers typically don't do this at regular department stores.

    • @MrsLyds
      @MrsLyds Год назад +28

      😩 totally me! I’m obsessed with homegoods! I go once a week to see what new things they have! 🥹

    • @dymondlyfe1603
      @dymondlyfe1603 Год назад +17

      This is so accurate. Saturday is my TJMaxx run, even when I am traveling, must visit a store where ever I am.

    • @DoodleWrite
      @DoodleWrite Год назад +9

      The treasure hunting strategy!

    • @murk959
      @murk959 Год назад +2

      Oh so consumerism and materialistic lifestyle :(

    • @linkinlinkinlinkin654
      @linkinlinkinlinkin654 Год назад +6

      @@murk959 :((( conzoomerismm materialims badd me alone mountain meditation uwu

  • @Burnenwhysee
    @Burnenwhysee Год назад +373

    TJ Max built a business around an inefficient supply chain and it's absolutely brilliant.

    • @vondahe
      @vondahe 3 месяца назад +2

      Organising by type instead of brand, is what department stores used to be like in the “good old days”. It makes PERFECT sense but stops them from renting floor space for shop-in-shops.

  • @kkb892
    @kkb892 Год назад +166

    Legit my favorite store. I was wondering why they haven’t moved to e-commerce but I guess it detracts from the overall allure of in store shopping/bargain finding

    • @DanielP-nt8bx
      @DanielP-nt8bx Год назад +5

      they have a website

    • @shafeena7247
      @shafeena7247 10 месяцев назад +5

      If they add thrifting to this its game over for everyone else lol

  • @aryammansahlot4415
    @aryammansahlot4415 Год назад +223

    This economics of series is amazing. PLEASE KEEP IT GOING.

  • @annacanada7545
    @annacanada7545 Год назад +48

    I used to work at TJX. The compare at price is made up - they aren’t actually discounted.

    • @Vivian-ks7jr
      @Vivian-ks7jr Год назад +2

      I always thought so! When I shop I look at that other tag and feel like it was guesstimated to make the sale price look good.

    • @rainacherienne1010
      @rainacherienne1010 Год назад +5

      I found a beautiful Remy Brook blouse discounted a few times and the price was $6, the compare price was actual designer price of like $495, which was real designer price as I checked on the store web. Quality was outstanding and I believe the true price was very high.

    • @crystallewis5902
      @crystallewis5902 Год назад +3

      I've seen the compare at price be incorrect in both directions. I've definitely seen items such as handbags have an estimated retail value of, let's say, $295 when I know for a fact that the item retails for $395 because I've been shopping around for it. People assume TJX is always exaggerating the MSRP to make their deals look better, but that's not always the case.

  • @Kleinosky1234
    @Kleinosky1234 Год назад +117

    The merchandise is door to floor in 8 hours not 24, and the apparel doesn’t come in on rails it comes in boxes and needs to be unboxed and hung. Each box is a mystery could have beauty, home, pet, clothing etc.

    • @Myulls
      @Myulls Год назад +3

      Retail stores do clean-up after closing and preparation before opening; the 8-hour window you’re referring to is just the public shopping hours. So it might actually be closer to 24…

  • @Riggsnic_co
    @Riggsnic_co 11 месяцев назад +1265

    You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.

    • @martingiavarini
      @martingiavarini 11 месяцев назад +1

      A strategy to protect against inflation is through the U.S stock market, especially the S&P500 & various ETFs. Investors must know where to put their money and how to distribute it in order to protect it against inflation while still making a profit, especially during a recession.

    • @hermanramos7092
      @hermanramos7092 11 месяцев назад +1

      The truth is that people are finally waking up to the fact that our systems are breaking down in thousands of different ways all around us. Personally, the financial market seems like the only way to go with my long-term horizon (accumulated about £557,000 in earnings since May 2021), but if you don't have that time luck, it's a tough market out there down almost nowhere feels safe!

    • @bob.weaver72
      @bob.weaver72 11 месяцев назад +1

      I've known I've wanted to start investing for a few months but just haven't been brave enough to start due to the market so far since mid last year. I have 60k i want to transfer into an s&s isa but its hard to bite the bullet and do it. £557k is a huge milestone , Please whats your strategy ? i will love to have an insight.

    • @bob.weaver72
      @bob.weaver72 11 месяцев назад +1

      She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.

    • @davidg4682
      @davidg4682 10 месяцев назад +7

      These bots are nuts

  • @sherice1730
    @sherice1730 10 месяцев назад +14

    TJ Maxx is also open early. That’s a huge deal for people who only have time to shop for themselves early morning during the week. TJ Maxx, Kohl’s, Ross, Target, Walmart. All the early bird stores

  • @Pantherhandz
    @Pantherhandz Год назад +135

    I bought stock in TJX after reading about the backup glut of clothing in ports during the pandemic. Made sense that they would have a bounty of new, cheap inventory. Up a little over 50% already!

    • @joyaustin6581
      @joyaustin6581 Год назад +1

      What stock are you looking at now?

    • @Pantherhandz
      @Pantherhandz Год назад +5

      @@joyaustin6581 with zero investigation into financials, I’m looking at InBev, the international parent company of Anheuser Busch. The stock is down because of all that other nonsense, but it will blow over and I’ll be happy to get in at a discount.

    • @ashleylala4293
      @ashleylala4293 Год назад

      You spelled “plandemic” wrong. 😂

    • @haileyespinosa8400
      @haileyespinosa8400 Год назад

      So smart!

    • @sandyallessandrini5546
      @sandyallessandrini5546 Год назад

      I bought the stock also and it has increased due to the business model, which is based on smaller stores located in not the highest rent areas. The physical stores and the e-commerce traffic drive sales. I keep watching and praying for an Aldi IPO; the growth of Aldi and family ownership is bound to evolve into a public company. I saw this with Johanna Farms ( bought by LaBott 1984 ) and Jamman & Associates ( bought by P S I early 90's ) and AMNA ( bought by AON, 1993 ). You are smart about InBev, now is the time to buy )

  • @SunShine-ls1ul
    @SunShine-ls1ul Год назад +8

    Worked for Homegoods, the Quality of merchandise and Brands are Exellent!!!!!

  • @KoCoJellie
    @KoCoJellie Год назад +44

    One of the main reason i took consumer psychology was to become a more conscious and savvy shopper preventing me from succumbing to these strategies.

  • @munequa81
    @munequa81 10 месяцев назад +8

    I briefly worked at a TJ maxx specifically to learn about why do people line up before the store opens to shop. I learned a lot about merchandising and how the "treasure hunt" and scarcity product mix drives people to return day after day (especially for brands like Rae Dunn, or after the holidays) to find that special item. Admittedly, I still look for this one decorative item I missed out years ago.

  • @abrahamramirez7239
    @abrahamramirez7239 10 месяцев назад +10

    I was addicted to shopping for a couple of years and I have so many designer shirts with the tag still on them because anytime I saw a designer shirt with a original $50-70 price tag and the new $12.99-24.99 price i would immediately buy because I was thinking more about the deal I’m scoring then the actual usefulness of it

  • @Sheil-hard
    @Sheil-hard Год назад +544

    Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues.. well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60. I need suggestions on what investments to make..

    • @hermanramos7092
      @hermanramos7092 Год назад +2

      I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.

    • @lipglosskitten2610
      @lipglosskitten2610 Год назад +1

      I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.

    • @martingiavarini
      @martingiavarini Год назад +1

      @@lipglosskitten2610 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..

    • @lipglosskitten2610
      @lipglosskitten2610 Год назад +1

      @@martingiavarini I've shuffled through a few advisors but “Catherine Morrison Evans” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself..

    • @martingiavarini
      @martingiavarini Год назад +1

      @@lipglosskitten2610 Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted Catherine’s full name into my browser, and her website came up first in search results. She looks flawless.

  • @ashleylala4293
    @ashleylala4293 Год назад +13

    The TJ Maxx near me in Tustin seems to have a peculiar problem of people stealing things out of your cart when you aren’t looking. And sometimes they’ll steal something and put it back on a random shelf. You have to be really vigilant about guarding your cart and it’s really annoying.

  • @DoodleWrite
    @DoodleWrite Год назад +14

    I love TJ Maxx but some things are not a bargain, and are the same price elsewhere. Ex: Aquaphor ointment is $14 here and also $14 at Walgreens. But usually it’s the discounted luxury/midrange deals I go for, like getting a $80 Rodin hand cream for $7, or a $150 golf jacket for $50. The margin of savings definitely depends on what sort of item you’re buying!

  • @SusannaJ
    @SusannaJ Год назад +23

    I love these videos so much! Keep them coming!

  • @timetrialist
    @timetrialist Год назад +16

    TJMaxx has so much good stuff that can't be beat

  • @yellowbug5113
    @yellowbug5113 Год назад +18

    All three stores are plain and simply fun to shop at. 😍

  • @33Jenesis
    @33Jenesis 10 месяцев назад +11

    I have been a TJM customer for 35 years. Almost all my clothing shoes bags jewelry and accessories are from this place. I find a lot of really good quality items made in Italy Portugal Spain that I love and use for years.

    • @snoopybluejeans
      @snoopybluejeans 10 месяцев назад

      Yes I look for those as well. My favorite finds are my Aran sweaters, hand knit in Ireland, made from Merino wool.

  • @kennedyblevins2174
    @kennedyblevins2174 Год назад +18

    I know people say these are not true overstocks but I feel like this also depends on the location (said elsewhere). I’m in a fairly affluent area and I see a big difference in inventory compared to other stores I’ve been at. And they’re items I’ve literally seen at other places so I know they’re true discounts. But the inventory of these items is definitely much smaller and harder to find.

  • @skateata1
    @skateata1 Год назад +51

    I have to say though, the clothing always has flaws. Weird shapes, odd texture, zippers that are not smooth, material that easily rips. Its a surplus for a reason. However, I still like it and love going there for rare gems.

  • @Rob9345
    @Rob9345 Год назад +132

    This is a complete lie. I worked for the company for years and 60% of the product is produced for their stores through licensing agreements. They are not true close outs or overstocks.
    That $39.99 Michael Kors shirt is $39.99 quality with a perceived value compare at of $80. People are such sheep.

    • @blablup1214
      @blablup1214 Год назад +12

      Yeah I mean just look at 2:01 this doesn't look like it is worth 1600$ and compares to 2145$ 🤣
      People just buy everything if they think they make a really good deal ....

    • @stop08it
      @stop08it Год назад +14

      Personally I just buy something if I think it’s a decent price for what it is. I don’t even factor in the “original” price because I have to stick to a strict budget.

    • @vbelleepoque
      @vbelleepoque Год назад +7

      So you’re saying ~40% of the product is not produced to the stores through licensing agreements? Not bad.

    • @LluviadeOrugas
      @LluviadeOrugas Год назад +11

      In stores like Macy’s, you pay $80 for the same $39.99 quality Michael Kors shirt. Most things are made horribly these days regardless of what you pay for them.

  • @Superjiheoi
    @Superjiheoi 7 месяцев назад +2

    ❤ tj Maxx
    I’ve been shopping at tj maxx and Marshall’s for over 15 yrs. I think I’ve spent more than $30,000. I go here when I’m depressed( to taking a walk), when i need to buy gifts, when my nephews are bored at home, and when I ate too much( for exercise). TJ Maxx doesn’t need a 8000 sq ft space. It can open up a store in a small strip mall. Amazing company 😊

  • @Zp00kie
    @Zp00kie Год назад +79

    TJ Maxx is cheaper than evil Goodwill. They have their formula dialed in and I'm glad it works as I've found great deals at their stores.

    • @jenniferbond7073
      @jenniferbond7073 Год назад +12

      And you don’t have clothes with that distinctive thrift store smell.

    • @ppjskh
      @ppjskh Год назад +10

      Hey, thrifting is awesome! I don’t support Goodwill though since they are overpriced.

    • @starfire139
      @starfire139 Год назад +4

      There's a huge environmental cost of only shopping for new items - a lot goes into clothing production, from energy usage, oil and gas to ship the products from factory to store, water usage during fabric production, and mining/farming of raw materials. And most people don't recycle their old clothes, and send them to landfill where they'll sit for a thousand years. Buying secondhand is a great way to offset that. I have tons of thrift stores in my area that I can get great deals at.

  • @jcz136
    @jcz136 3 месяца назад

    WSJ please keep these videos coming, I really enjoy them and you’re creating value for everyone involved in the process.

  • @DanielRoPhotos
    @DanielRoPhotos Год назад +51

    Like someone mentioned in a comment Most of TJ's Maxx's product is produced for their stores through licensing agreements. They are not true close outs or overstocks. Also some stores and are hit or miss. The TJ Maxx closer to me has not really anything worth buying for men but the store has a good amount of customers all the time, mostly women.

    • @MrsLyds
      @MrsLyds Год назад +5

      There are specific locations that have good merchandise and specific locations that u know if u go u ll only find “trash”. The better the neighborhood and area the better the store!

    • @tuttuttut7758
      @tuttuttut7758 Год назад +2

      There’s still some overstock. Ibought sunglasses there and a day later I saw the exact same ones in another store for triple the price. It was just last years color.
      It’s a combination of licensed products, overstock and left overs from stores that needs to get rid of it because they need the space.

  • @riquipoo5578
    @riquipoo5578 10 месяцев назад +5

    I used to love TJ Maxx and was an avid shopper but as their prices increased and the merch quality decreased I just quit shopping their or anywhere else entirely. Saved my money and bought a brand new car! Best decision ever!!

  • @ShyFly1000
    @ShyFly1000 Год назад +33

    Really informative and interesting video. I always shop for makeup at my local tj max because it allows me to actually afford makeup brands I would never try at full price. Sometimes I will see the same exact MAC makeup in the mall as on the shelf at tj max at the same time and wondered how they did it. Now I feel I have some insight.

    • @WrightFashions
      @WrightFashions Год назад +1

      Yes!! I love shopping at Marshalls/TJMaxx for Beauty items. They have the best deals on ABH, Mac, Urban Decay, etc. I go like once a week lol.

    • @AskingAshley.
      @AskingAshley. Год назад +1

      @@yehsehneeah_ make-up can't be returned at tjmaxx, at least not in my store due to health issues

  • @ZensGamma
    @ZensGamma Год назад +2

    Very informative content…& useful I might add

  • @MonteHayTheMotivator
    @MonteHayTheMotivator 5 месяцев назад

    Awesome! Thank you for sharing!

  • @UnblockMind
    @UnblockMind Год назад +92

    This is great and all but the minimum wage employees face all the stress. I worked in the warehouse at Marshalls for a year and every morning at 7AM we used to get 7-8 pallets of merch delivered to the store. I have personally processed thousands of shirts, t-shirts, dresses and other items by putting security tags and hanging them on racks for display. Its not fun I'll tell you that much. Also the work is tedious but you develop some useful skills along the way and understand how the entire system works from the grasseoot level.

    • @ronijr4918
      @ronijr4918 Год назад +4

      If you don't want a minimum wage job get a career that is not easily expendable you'll see the difference 😉.

    • @buckybarnes3015
      @buckybarnes3015 Год назад

      Tbh just let AI take over no skill jobs

    • @anniefletcher9141
      @anniefletcher9141 Год назад +30

      @ ronijr4918 these jobs aren’t expendable, they are severely undervalued. Hence a massive shortage of wharehouse workers. But even without a shortage, if wharehouse workers decided to go on strike tomorrow, our economy would immediately plummet. So very much a necessary job on many levels

    • @weskelly4538
      @weskelly4538 Год назад +1

      How come wen you ask the tellers at the register for the hangers they don’t give them away. Do you guys reuse them?

    • @emoo2342
      @emoo2342 Год назад +5

      @ronijr4918 I work a non-mininum wage job, we are probably the most inexpendable as a profession, and the biggest difference I see is that we are far more stressed out than we are paid to be. The pay does not always scale with the stress level.

  • @claudiamiller7730
    @claudiamiller7730 Год назад +3

    There are two things the TJ’s is pretty sharp at focusing on: folks who shop for items who can pay (and will pay) any amount for something they really want - and if it happens to be priced lower than common retail-GREAT!..…and those shoppers who come in with “price point mentality”….who judge each item on the value it has to their wardrobe. A pair of tiny, cute pink shorts for $178? Nope. Same shorts at an averaged price of $50? Still Nope. Same shorts at $39:99? Still STILL Nope. Same shorts at $10? Probably a yes. TJ’s really has got it down to a science. And don’t forget about hunting down a deal - best part of the day!💕

  • @lukas8139
    @lukas8139 Год назад +3

    it’s crazy the stuff i find sometimes but the fun part is hunting for them with all the mess compared to the thift prices now i found a 2 piece swimsuit from versace for around 200 and originally 500 and the style was new not even outdated

  • @bloom9414
    @bloom9414 Год назад +100

    The most disappointing thing is working for a tjmaxx or Marshall’s is seeing people take handfuls or laundry baskets full of things and just walk out with it. There’s literally so much theft and the employees cannot do anything to stop the person stealing we literally just watch them take as much as they want. & yet we’re pressured to get at least 5 customers a day to sign up for our tjx rewards card 🤦🏻‍♀️

    • @cris_here
      @cris_here Год назад +33

      Ive seen TJ maxx throw away unsold merchandise by bulk and dumping it offseas so I don't feel bad people necessarily steal. Sorry you aren't paid well though

    • @Astrid_Grace
      @Astrid_Grace Год назад +47

      I agree with the first commenter. You aren’t paid well enough to be law enforcement, or even care about their bottom line really.

    • @ashleylala4293
      @ashleylala4293 Год назад +24

      That’s a microcosm of the macrocosm. The people who run our country are doing the same exact thing but on a much larger scale. We need a renaissance of ethics and decency.

    • @pleiadesluciernaga8877
      @pleiadesluciernaga8877 Год назад +5

      We all end of paying more when scummy jerks steal.

    • @BritneyBeachSpears
      @BritneyBeachSpears 10 месяцев назад +3

      What- I always paid for stuff from tjmaxx lol, makes me wanna try stealing things...
      KIDDING!!! how pathetic are you if you can't even afford discounted designer items and are stealing them instead....

  • @danielasutu3781
    @danielasutu3781 Год назад +4

    I work there, since I start working at tjmaxx I didn't go to any other store to shop. excellent items at great prices, and we try to give excellent customer service.

    • @snoopybluejeans
      @snoopybluejeans 10 месяцев назад

      Sadly as much as I love winners. The service is non. I bring in my own bags and they still wont bag it for me. This has just been since C-19

  • @notyou1178
    @notyou1178 10 месяцев назад +5

    TJ max also has a lot of irregular clothing where the seams are off or are not even on both sides or have cheap quality that gets altered like color and fit for basic items that are not delicates. A lot of their items have some sort of flaw. Just really check the product before buying.

  • @connie0613
    @connie0613 Год назад

    Ty for this

  • @stevegonzales527
    @stevegonzales527 10 месяцев назад +3

    In other words the customers are suckers 😂

  • @worldcitizeng6507
    @worldcitizeng6507 10 месяцев назад +4

    In recent months, I found deals at Macy Backstage similar to Marshall or Ross. A 40oz double wall water bottle for $14.99 . Dresses, blouses etc thier Activewear prices are great and lots of colors selection

  • @ColonelRoseru
    @ColonelRoseru Год назад +37

    Wall Street Journal becoming better Vox and I am all in for it!

    • @alrighty4456
      @alrighty4456 Год назад +1

      Well Vox is mostly politics, WSJ is mostly economics and business

    • @ColonelRoseru
      @ColonelRoseru Год назад +1

      @@alrighty4456 Capitalism is closer to the right than the left.

  • @cancervisionary1509
    @cancervisionary1509 10 месяцев назад +3

    To be honest… true fashionistas know… that while we do love tj Maxx for certain things… I personally love the jewelry section…. Shopping in department stores and online during sale season.. at the lowest markdown… is cheaper than buying those designer items at the TJ Maxx locations that sell them. It truly depends on the item

  • @ekoller
    @ekoller Год назад +11

    They use to get in much more aspirational fancy items. Saksoff5th is now the better option for more formal wear. Marshall’s and tjmaxx is almost only casual wear

  • @aaronwilson4258
    @aaronwilson4258 Год назад +8

    The original prices are BS. I had a few friends who worked at a boutique designer clothing store and they got a 85% off employee discount. Even though there was such a huge discount, the store still profited. It was supposed to be some luxurious local brand but the quality was terrible. Just because you advertise yourself as "designer" or "luxurious" and hire "influencers" to promote your brand, it doesn't mean you actually are. And nowadays the big "designer" brands just slap their name and logo on anything. LTT made a video about the Tommy Hilfiger keyboard and mouse. Surprise, surprise, it was absolute garbage.

  • @zhisu2665
    @zhisu2665 Год назад +1

    Its TK Maxx in Australia, it works because there's so many extras-products coming in and no one including managers knows whats coming in, could be a dress from Prada could be a $50 shirt from a small brand.

  • @TheOnlyChrisB
    @TheOnlyChrisB Год назад +2

    You know what makes me feel good? Affording a place that i can sleep in safely at night. Rent is out of control here in Arizona.

  • @shereemorgan1430
    @shereemorgan1430 10 месяцев назад +5

    I worked for the company decades ago and I love the stores. I have purchased several high priced items for rock bottom prices.

  • @ash2kewl
    @ash2kewl Год назад +5

    I loooooove TJ MAXX and Marshall and HomeGoods ❤😊

  • @myindigoblues5796
    @myindigoblues5796 10 месяцев назад +4

    It’s called Winners and HomeSense in Canada - my two favourite stores. I constantly promote them to other people because as far as deals go, you really can’t beat what you get there, and the quality for the price. As they say here in their slogan “Why shop anywhere else” and it’s true. It’s like thrift shopping for new things instead of old. I love it 🥰

    • @snoopybluejeans
      @snoopybluejeans 10 месяцев назад

      My favorite store. I love that they sort clothes by size, easy to find you aisle and go.

  • @1monagale
    @1monagale Год назад +2

    The inventory depends on the city’s location.
    The Wall St store has different quality inventory than Chicago or Superior, Colorado- near Boulder. I often walk out with nothing in Colorado.

  • @smrk2452
    @smrk2452 10 месяцев назад +3

    These stores drive me crazy. So disorganized, my OCD goes CRAZY! I generally avoid them.

  • @NefashusLP
    @NefashusLP 10 месяцев назад

    Here in Germany it's called "TK Maxx" and I love it! The clothes and home supplies I bought there last for many years!

  • @selinalanderos6969
    @selinalanderos6969 Год назад

    This is so interesting

  • @___beyondhorizon4664
    @___beyondhorizon4664 Год назад +1

    It really save time to shop in these discount retailers with a strategy. If im looking for skirts, i only focus on the skirts sections.

  • @justbusiness01
    @justbusiness01 Год назад +2

    I love tj maxx during Covid it was one of my favorite things to do. It was nice to see me and everyone one else in their mask 😂

  • @mr.Braun-
    @mr.Braun- Год назад +1

    Thank you for video 😊

  • @lacynylons6317
    @lacynylons6317 Год назад +3

    Shopping at TJMaxx is great!!

  • @alisebasset8123
    @alisebasset8123 Год назад +2

    Now I want to go shop.

  • @Vic4ful
    @Vic4ful Год назад +5

    0:20 the chart is misleading: it says "market capitalization" but it is showing revenue...

  • @sarahmc8309
    @sarahmc8309 Год назад +6

    I find TK maxx is a hit and miss .
    One day I got a new handbag for work with a voucher and was very heavy reduced down .
    4’ months later the straps are feather off and it’s a designer brand .I use bag 3 days a week and just carry to work then it hangs all day and back home again.
    I have designer bags where laid more but had them for years and years and years and never had that issue !
    I think u have to dig deep as u can find good quality things making bag quality!
    In saying that years ago I got Lorena Jane leggings and they are amazing quality so thick and never bobble and I love them for lounging around the house for half the price.!

  • @jaydibernardo4320
    @jaydibernardo4320 Год назад +7

    I walk out with a number of items or walk out with nothing. Hit or miss. I much prefer shopping at 2nd hand stores!

  • @Adovian_
    @Adovian_ 10 месяцев назад +3

    Haven’t shopped there since the 2000’s. I used to find authentic designer jeans (True Religion, 7FAM, Joe’s etc) as well as Cavalli tees and such. No more 😂😂

  • @ittotaq
    @ittotaq 10 месяцев назад +2

    So basically we're getting bamboozled. What a classic

  • @tildawilson1198
    @tildawilson1198 Год назад +5

    This kinda just feels like a TJ Maxx ad

  • @ghilasouguemat6241
    @ghilasouguemat6241 Год назад +1

    i love T.J. Maxx. Ross, Marshalls, Homegoods...

  • @punkdigerati
    @punkdigerati Год назад +7

    The anchor price is also already an anchor price for the original manufacturer or retail, most of it never actually sells for that price.

    • @haileyespinosa8400
      @haileyespinosa8400 Год назад

      Actually I don’t think they’re allowed to make the compare to price higher that the lowest sale price from the company - if that makes sense

    • @punkdigerati
      @punkdigerati Год назад

      @@haileyespinosa8400 I understand, but it's not true, I've often looked up prices in store to check if it's actually a good deal and the comparison price is MSRP.

  • @elylioney6390
    @elylioney6390 Год назад +3

    4:55 "now your not buying something, your giving up something... [which is harder]" hence why my room is so messy.

  • @drmode
    @drmode Год назад +10

    Costco has the best clothing prices.

    • @snoopybluejeans
      @snoopybluejeans 10 месяцев назад +1

      My costco has a limited variety. All too casual.

  • @chacha9674
    @chacha9674 Год назад +2

    Meaning majority of the brands are over pricing. TJ Maxx can bargain each product because they know that they can still earn in each of bargained item ofcourse what is the point of having a business if you are only going to lose money. I also do shop in TJ but sometimes the clothing looks factory reject and on the cosmetics im always careful on the expiration date.

  • @bulevartz
    @bulevartz Год назад +14

    In Europe it's called TK Maxx and I like to buy diesel jeans cheaply for 50-60 euros, compared to Diesel store 200+. Thanks tk maxx.🎉

    • @msjdb723
      @msjdb723 Год назад +1

      I wonder what the reason for the different initials is. ??

    • @bulevartz
      @bulevartz Год назад +5

      @@msjdb723 just googled...
      The company modified the name to TK Maxx to avoid confusion with the established British retail chain T. J. Hughes (which is not affiliated with TJX).

    • @msjdb723
      @msjdb723 Год назад

      @@bulevartz thx!

    • @elenael8958
      @elenael8958 Год назад +1

      Agree.ive been to TK Maxx in London and was surprised about the choice.Its much better than in US.I also bought 2 pairs of brand jeans for like 50 bucks and the style I will never find in USA.

  • @kacyandlaura
    @kacyandlaura 11 месяцев назад +2

    I can’t really shop successfully at this kind of store. I go in looking for one thing and end up finding other things I don’t need. The sheer amount of different styles is overwhelming and difficult to navigate. I go home with a top and realize it’s too small. I return it. Because they don’t carry it there is no larger size for me. I also know I am susceptible to buying when I find a “deal”… but on the other hand, so what if it retails for double!? That means nothing. I don’t have success there so I don’t go anymore.

    • @peachmango5347
      @peachmango5347 10 месяцев назад +1

      People who like shopping - as a hobby - don't recognize it that way - I don't like shopping and am like you - prefer to "buy" what I need not shop around all day

  • @user-kg5lq6nd7q
    @user-kg5lq6nd7q 10 месяцев назад +3

    You used to get reallllllly good deals at tjmax and Marshall’s like early 2000s, really fell off the last 6 or so years

  • @hangedone
    @hangedone 4 месяца назад +1

    i understand my mother so deeply now

  • @BryanTRich-jt1uj
    @BryanTRich-jt1uj Год назад +1

    this makes me wanna go bargain hunt

  • @trueblue202
    @trueblue202 Год назад +7

    Now if they would just stop pushing their credit cards every time! It’s so aggressive

  • @johntaylorjr4344
    @johntaylorjr4344 8 месяцев назад

    All I can say is whatever you're doing TJ Maxx keep doing it. Go on TJ Maxx!

  • @janklaas6885
    @janklaas6885 Год назад +3

    📍3:55

  • @carablum
    @carablum Год назад +8

    So what do you guys think about the beauty products? I used to buy them but I sensed that most of the brands are produced just for those discount stores. I’m really curious about the high end hair products, like the shampoos that are really expensive elsewhere. Do you think those are inferior quality or overstock?

    • @rainacherienne1010
      @rainacherienne1010 Год назад

      I think these are the same quality at least the ones I got but I compare to getting them from Amazon otherwise so maybe TJ and AmZ both get from the same source. But either way fantastic quality.

    • @chickennugget6233
      @chickennugget6233 10 месяцев назад +2

      They used to actually have some overstock and decent ones! But youre right, most of it is trash. It took away all the charm!

  • @vinssus10
    @vinssus10 10 месяцев назад +1

    Love TJmaxx

  • @angelaburress8586
    @angelaburress8586 Год назад +2

    Uhm because those aren’t designer brands

  • @MustafaSebahat
    @MustafaSebahat Месяц назад

    4ra’s system is so transparent, love how they handle their draws and bets 🎲🔍

  • @knunez4862
    @knunez4862 Год назад +5

    It’s not the same anymore. You can still get some good deal, but a lot of the products like clothing and bedding are poor quality.

  • @blessedbythebest1003
    @blessedbythebest1003 Год назад +2

    But wether they show the “original price” next to the now, doesn’t matter. They really are affordable period.
    Ever since COVID seems like these stand alone stores have done great! (Ross, target)

  • @Sjalabais
    @Sjalabais 10 месяцев назад

    I have never been more positive to TJMaxx than after watching this video.

  • @deep-seeker
    @deep-seeker Год назад +1

    OMG.... It is harder to let go on a deal when you know it's not going to be back again.

  • @chickennugget6233
    @chickennugget6233 10 месяцев назад +1

    I miss when the bath products were actually good. Now they are all weird crummy off brands. And now they out the bar soaps in a separate area. It used to be a blast to shop in those aisles. Just not the same anymore!

  • @KallMeKG
    @KallMeKG Год назад +3

    I purchased a famous artist painting at home goods / Marshall’s for $3,000 it’s worth $15-20k. Deal of a lifetime for me

    • @carialv
      @carialv Год назад

      Which one was it ?

  • @studyoasis
    @studyoasis 10 месяцев назад +1

    Loved shopping at tjmaxx but hated working there. All the managers ever cared about is shoving the TJX credit card down customers throats.

  • @napoleoncontreras4184
    @napoleoncontreras4184 Год назад

    Is this the same for the fragrances sold there?

  • @jon6309
    @jon6309 11 месяцев назад

    I love Marshall’s and TJ Maxx. I buy a lot of my clothes from there at good prices.

  • @rachelganthony
    @rachelganthony 9 месяцев назад

    I love tj maxx

  • @BitsOfBen
    @BitsOfBen 10 месяцев назад

    I love TK Maxx!

  • @alexi2460
    @alexi2460 Год назад +1

    TJ is organize d, clean and convenient. Ross is also good. If Marshalls is near you go there. Macy's is ok but not as good as it use to be

  • @murk959
    @murk959 Год назад +1

    What I don't understand around @1:51 is why do they have 2 different reference prices ( like rag and bones accidentally left out original price tag "125.00" and tj Max's comparison "50.00".
    Where did the Maxx even get the 50.00 price tag from?

    • @ilovecatssosomuch
      @ilovecatssosomuch Год назад

      2:05 they explain it. just a comparison to similar items

  • @vondahe
    @vondahe 3 месяца назад +1

    The basic concept sounds like Century 21 but presented in an orderly manner.

  • @kenwoodburn5244
    @kenwoodburn5244 Год назад +9

    The compare at price is so inflated that’s the problem. You think you’re getting a great deal but in reality yes it’s a better price but not a great one

    • @drflat9223
      @drflat9223 Год назад

      Price is great if you just walk out with it. Not like anyone will stop you nowadays.

    • @Moorchild
      @Moorchild Год назад +3

      Not really… I always google the price of products when I shop at TJ Max and the prices are pretty accurate

    • @chellybaby
      @chellybaby Год назад

      @@Moorchildagreed! The compare at price is usually accurate in my experience

  • @EYEBALLKLOTT
    @EYEBALLKLOTT Год назад

    So, looking back, how good an idea is it to Code these markets & stores so hard where they run so close to the other? Is there a stress at the base of each? If so, why?
    Would you please join me to clear up this 1 little tiny doubt right... here?

  • @bcatbb2896
    @bcatbb2896 10 месяцев назад +1

    i can see how this entices people to shop there, but its not for me. i like to go in and out and be gone as fast as possible, hence why i prefer internet shopping

  • @user-pe3tt7iu7g
    @user-pe3tt7iu7g 8 месяцев назад +3

    buy high quality items that you need, don't go into stores aimlessly