TJX Shrinks and Makes More Money at the Same Time
Hence, American shopping is moving online. That threatens TJX (NYSE: TJX) which operates old-fashioned department stores.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Hence, American shopping is moving online. That threatens TJX (NYSE: TJX) which operates old-fashioned department stores.
Read MoreDiscount department store operator TJX’s share price grew by 0.37%; or 22₵, to $59.39 by midday on 25 November 2019. Discount legend Target’s stock went from $110.47 on 19 November 2019 to $125.29 on 25 November 2019. Thus Target shares grew by $14.82 in less than a week.
Read MoreKohl’s is partnering with other brands for survival. To explain, Kohl’s business is being taken by a massive retail platform known as Amazon.com.
Read MoreThus, the supply chain is simple which keeps expenses low. In addition, TJX only sells merchandise in its stores. There are no services available at TJX store beyond cash registers and returns.
Read MoreThus we can safely describe JC Penney as a zombie of the retail apocalypse. Conversely, JC Penney is a zombie that makes money.
Read MoreBy then TJX will be America’s dominant department store and a pretty good value investment. The experience at TJX proves that retail apocalypse is actually good for some brands. One has to wonder why more retailers are not copying TJX’s business model of deep discounting, and taking over from dying competitors.
Read MoreIf you are looking for a good value investment in retail check out Big Lots, it is cheap but makes money. More importantly, Big Lots already has many of the attributes that other brands are trying to achieve.
Read MoreBy shrewdly taking advantage of the opportunities created by the retail apocalypse, TJX has grown into America’s dominant department store brand. It is liable to remain in that position for a long time to come because of the sheer ineptitude of the competition.
Read MoreThe real culprit in the death of the Great American Department Stores is changing times. Since there is no way to change that investors should stay away from this sector, perhaps far away.
Read MoreOne thing is for certain, Big Lots was definitely overvalued at the $49.16 a share it was fetching on March 30, 2017. Nothing in its earnings report or holdings warrants that. Not even the 25¢ dividend which shareholders received on March 15, 2017. Stay away from Big Lots, it is overpriced and exposed to dangerous competitors that will soon destroy its business.
Read More