Top Calls: TJX Beats Estimates, Raises Outlook

Top Calls: TJX Beats Estimates, Raises Outlook

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses TJMaxx's stock performance, highlighting its resilience in various economic conditions due to consumer value perception. It explains the off-price retail model, which allows retailers to adapt quickly to consumer demand. The lack of a strong online presence is noted, emphasizing the importance of in-store foot traffic and impulse buying. The video also addresses shrink and theft issues in retail, noting that while these problems persist, they are being monitored and managed.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor that contributes to the success of TJMaxx's stock during both good and bad economic times?

Consumer preference for value

Extensive online presence

High advertising expenditure

Exclusive luxury products

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the off-price retail model benefit retailers like TJMaxx?

By enabling them to make purchasing decisions closer to the selling period

By allowing them to predict fashion trends a year in advance

By offering deep discounts on all products

By focusing solely on online sales

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do off-price retailers like TJMaxx have a limited online presence?

Due to a lack of interest from consumers

Because they lack the technology for online sales

Due to the high cost and low profitability of online operations

Because online sales are more profitable

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason why in-store shopping is important for off-price retailers?

It reduces the need for inventory management

It eliminates the need for marketing

It allows for personalized shopping experiences

It encourages impulse buying and treasure hunting

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do retailers like TJMaxx monitor and address shrinkage and theft?

By offering discounts on stolen items

By securing high-value items and increasing store surveillance

By increasing online sales

By conducting inventory checks monthly