Top Calls: TJX Beats Estimates, Raises Outlook

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Business, Information Technology (IT), Architecture
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University
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Hard
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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
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