BA460 Strategic Management Discussion Question
Question Description
https://www.youtube.com/watch?v=pGbR6Cy5eTE
In February 2018, TJX Companies, Inc., the world’s largest off-price home accessories and apparel retailer, completed 42 years of operations with several enviable milestones: the company had edged up to number 85 on the Fortune 500, surpassed $35 billion in sales, and opened its 4,000th store, guided by a highly effective global strategy. Sales had grown over eight percent and comparable store sales increased 2 percent in fiscal year 2018. In the company’s 42-year history, it had experienced an annual decline in comparable store sales in only one year. The strong earnings trend enabled TJX to increase its per share dividends for fiscal 2019 by 20 percent, which made 21 consecutive years of dividend increases.
- Describe TJX’s strategic vision and corporate strategy. Is its vision and strategy consistent with thecharacteristics of the retail sector? Support your answer.
- Is TJX’s international strategy best characterized as a multi-country, global or hybrid? Please explain.
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