...Stock Report | October 2, 2012 | NYS Symbol: TJX | TJX is in the S&P 500 TJX Companies Inc (The) 55555 S&P Recommendation BUY Price $45.17 (as of Oct 2, 2012) 12-Mo. Target Price $50.00 Investment Style Large-Cap Growth UPDATE: PLEASE SEE THE ANALYST'S LATEST RESEARCH NOTE IN THE COMPANY NEWS SECTION GICS Sector Consumer Discretionary Sub-Industry Apparel Retail Summary TJX operates several chains of off-price apparel and home fashion specialty stores in the U.S., Canada, Germany, Poland, Ireland and the U.K. Key Stock Statistics (Source S&P, Vickers, company reports) 52-Wk Range $46.67– 26.89 Trailing 12-Month EPS $2.26 Trailing 12-Month P/E 20.0 $10K Invested 5 Yrs Ago $32,954 S&P Oper. EPS 2013 E S&P Oper. EPS 2014 E P/E on S&P Oper. EPS 2013 E Common Shares Outstg. (M) 2.50 2.77 18.1 736.1 Market Capitalization(B) Yield (%) Dividend Rate/Share Institutional Ownership (%) Price Performance $33.250 1.02 $0.46 87 Beta S&P 3-Yr. Proj. EPS CAGR(%) S&P Credit Rating 0.56 17 A Qualitative Risk Assessment 30-Week Mov. Avg. 10-Week Mov. Avg. 12-Mo. Target Price Relative Strength GAAP Earnings vs. Previous Year Up Down Volume Above Avg. No Change STARS LOW MEDIUM HIGH Below Avg. Our risk assessment reflects our view of TJX's leadership position in off-price retail and promising new merchandising and productivity initiatives that could boost sales and profit ...
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...and distribute all the necessary materials? Why did you choose a specific supplier? Location The TJX's Corporate Headquarters are located in Framingham, Massachusetts. The proposed business location for the Cartsaurus will be in Boston. This is an excellent location to serve our target market. Because we are first focusing on selling our product to TJX Companies and it’s easier for us to communicate issues about business. The company will be located on high traffic commuter routes. Locating a facility with easy access to natural resources or suppliers helps we keep transportation costs low. Suppliers Cartsaurus is currently in trial run and we planned to make 1000 shopping carts as variability test in 50 TJMaxx and Marshalls stores. Company is in negotiations with two Kansas manufacturers to supply shopping carts. It will establish a relationship with a reputable shipping company and a freight agent to aid in the smooth transition of product from the manufacturer to our distribution center. Cartsaurus wishes to establish long-term loyal relationships with its suppliers. Factors such as history, reliability, reputation, delivery system, service, product guarantees and liability issues will be crucial in the final decision. Due to the company's expansion plans in years two and three, it is important that our suppliers have regional and possibly national coverage. Inventory Cartsaurus Company will keep 50-100 shopping carts as inventory, although this will...
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...TO: CEO of Gap Inc. FROM: Andre’ Snead I have conducted a company analysis on Gap Inc. and my findings resulted in the following recommendations to improve their sales for the next three years: * Gap Inc. need to produce a better advertisement campaign that relates more to their customers. * Fashion and brand-conscious consumers who shopped at retailers such as Gap tended to be emotionally driven in their purchasing behavior and were influenced by marketing efforts that showcased the store’s latest trends. According to Exhibit 1, buyers bargaining power is strong because they control what they purchase and from what retailer they purchase from. Buyers are more inclined to make wiser purchases because of the state of the economy. By producing a better advertising campaign, Gap Inc. can entice an emotionally driven customer that sees a commercial or a billboard to make a purchase. * Social media have taken over the lives of many consumers in America. This is another area that Gap Inc. should focus its advertisement strategy. By utilizing Facebook and Twitter, Gap Inc. can reach out to millions of their customers and increase their brand image, which is a key success factor in the retailing industry. (See Exhibit 2). * Gap Inc. should focus some of its resources and assets on producing plus-sized clothing in the United States market. * By 2010, the plus-sized segment in the clothing store industry reached 27 billion dollars. The number...
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...T.J.X. Companies, Inc. Final Case Study Report Nichols College T.J.X. Companies, Inc. is the leading off-price apparel and home fashions retailer in the United States and worldwide, ranking number 115 in the most recent Fortune 500 listings. They have the broadest demographic reaches in retail, all of which have enabled them to achieve successful, and profitable growth year after year, through many types of economic and retail cycles. With over 3,000 stores in six countries, approximately 179,000 associates and a fresh e-commerce presence, and they are growing faster than ever (“About the TJX Companies, Inc.,” 2014). Through T.J.X. Company’s innovative buying and sourcing strategies, they discover and deliver value for shoppers in many ways. Their goal is to provide customers with quality merchandise for the entire family, every day. Value means more than price to T.J.X. Company professionals; buyers are trained to recognize that true value is a combination of fashion, quality, brand and price. T.J.X Companies are known for their brand name and designer fashions at 20-60% off department store prices. They are able to do this by purchasing merchandise from designers when they over produce or other department stores over purchase. They go in during these certain situations and negotiate the lowest possible price to pass on the savings. How they buy is just as important as what they buy. They pride themselves in never having the same selection twice with new arrivals...
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...What can we learn from Marshall? General Marshall’s staff leadership and management offer some valuable lessons. He handled his staff with absolute efficiency and got more from them than they expected they could give. What made Marshall such a successful staff leader? As important, what can we learn from his leadership and how can we apply it today? At least five aspects of Marshall’s staff leadership deserve special attention. In each case, adapting Marshall’s techniques can help us make better decisions and become more efficient as a staff leader. Using the Staff as a Counterpoint, Marshall was an exceptionally knowledgeable Chief of Staff. Throughout his career, he aggressively sought to learn every aspect and detail of his profession. Due to his own hard work, a diversity of demanding assignments, and effective mentorship by others, Marshall became an expert in many areas. As Chief of Staff, he thoroughly knew the Army’s strengths and limitations from the squad up. With such depth and breath of knowledge about the Army, some staff leaders might be tempted to ignore or discard the advice of their staffs. Other staff leaders might limit their staff to the execution of their preconceived ideas. Still others might view their staff as an impediment to their ideas. Marshall rejected these approaches. Marshall relied heavily on his staff, but not in an information gathering role. Rather, he used them as a sounding board. They broadened his already extensive knowledge...
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...Scott, Toby August 12, 2012 Com 100 Introduction to Mass Media The power of the media The media has a strong influence on all of us weather we realize it or not. All of us are affected by the media somehow some more than others we all have been effected by the media somehow and likely been influenced by it at least once in our lives at some point. The truth of the matter is the influence is very powerful and it’s just about everywhere. There is a saying that I read on line that said For all intents and purposes, “media” is the same as “influence.” Whatever influences us is media www.buffalo.edu by Logan Esdale. To me this theory come from something called a Dependency Theory. One thing for sure is that we are in a world that is very relent on information from sources in order to keep afloat as to what is going on in the world on a daily basis. Things such as family, recreation, work, health, along with other personal things. It is very common for a person to wake up and turn on the TV or go online to see what the latest in their area of concern is. Based on the info that his a person gathers along with their prior thought and or experiences up to that point a decision will be make on that particular topic based on the information that was given. What we need to be aware is that most of our decisions, beliefs and values are based on what we know for a fact, our assumptions and our own experience. In our work we usually know what we have to do based on our experience...
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...Audience Analysis By Student COM 285 April 04, 2012 Teacher Audience Analysis By definition “Audience analysis” is led by technical writers in an assignment's initial periods. It comprises of assessing the audience to make sure the information provided to them is at the suitable level. The addressees are often mentioned as the end-user, and all communications need to be targeted towards the defined audience. Outlining an audience requires the thought of many factors, such as age, culture and knowledge of the subject. Considering these aspects, a silhouette of the intended audience can be shaped, allowing authors to transcribe in a manner that is agreed by the projected viewers. As this week assignment, need to present quarterly sales information at an in-person meeting to a group of stakeholders, including managers, salespeople, and customers. Knowing your audience, it is always important to design your approach tacked and what is the best practices to get this information to them. This paper will look into these different methods. It is important to know the characteristics of the audience. Certain things must be considered like how large is the audience? Does the audience know you in-person? Do the audience and the presenter have any variances that would present barriers with communication to overcome? Does the audience know about this topic? Are there any topics that my audience need or not need to know? And how will the audience use this information...
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...Theories of Communication – MCM 511 VU LESSON 01 COMMUNICATION Defining communication Communication is seen as central to our everyday ideas about what makes life worth living. It is not surprising that academicians have attempted to unravel the secrets of the communication process. In this section of the study we will examine the theorizing and theories of this discipline of communication. To understand communication theory we need to understand the nature of communication. Nature of communication People define terms in different ways, and those differences in definition can have a profound impact on the extent to which we understand each other and the way we move forward with both academic and everyday pursuits. Given the variety of ways in which words are used and understood, we are often ill-served to search for the single, so-called correct definition of a term. In other words, it is better to evaluate definition in terms of their utility rather than in terms of their correctness. So we should not assume that there is always a single right way to define a concept. There is a great deal of variation in the definitions. Some are very abstract and some are extremely specific. Few definitions are cited below. Communication is the process by which an individual (the communicator) transmits stimuli (usually verbal) to modify the behavior of other individuals (the audience). (Hovland Janis and Kelly in 1953) Communication is the process by which we understand others and in turn...
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...Electronic and Digital Media Industry Paper Com/225 September 23, 2013 Role of Electronic and Digital Media In this paper I will discuss the role of technology in electronic and digital media. . I will give historical and contemporary roles of media in society and describe how the chemical and electronic technology of photography, recording, and transmission has advanced from the initial discovery to the present day. I will also describe how mass media uses these technological innovations, analyze how the development of digital technology has affected the content, distribution, and style of electronic media and finally discuss how it has evolved overtime and made each and every one of us dependent on them. Historical and contemporary roles of media in society Technology plays a very important role in electronic and digital media and it is forever evolving. Digital and electronic media today is readily available with the invention of the Internet. The introduction of the Internet into the society’s everyday lives have brought about a convenience that has simplify the process in which we retrieve answers to questions. Society has grown dependent on electronic products, spending less time with people and more time on the Internet. Prior to the introduction of Internet; people would have to go to the local library to research to retrieve the answer to questions. People would also participate in face-to-face...
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...At last, and finally, here is the first accurate and beautiful translation of Richard Cantillon's 1755 masterpiece on economics. This treatise is widely credited with being the first to describe the market process as one driven by entrepreneurship. William Stanley Jevons, in the first blush of discovery, proclaimed Cantillon’s Essai, “the cradle of political economy.” A cradle holds new life; and there can be little doubt that the Essai added new life to the organizing principles of economics. But “political economy” does not accurately describe the subject Cantillon addressed. Indeed, he scrupulously avoided political issues in order to concentrate on the mechanics of eighteenth-century economic life. When confronted by “extraneous” factors, such as politics, Cantillon insisted that such considerations be put aside, “so as not to complicate our subject,” he said, thus invoking a kind of ceteris paribus assumption before it became fashionable in economics to do so. Murray Rothbard, for this reason, called Cantillon the "founding father of modern economics." This book preceded Adam Smith by a generation. Unlike any previous writer, Cantillon explicated the vital role of the entrepreneur with perception and vigor. Hence, he deserves to be called “the father of enterprise economics.” We know little of Cantillon’s life and the circumstances of his authorship. The manuscript that was eventually published in 1755 circulated privately in France for almost two decades before;...
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...University of Phoenix Material 07/18/2012 Media Convergence Worksheet Write brief 250- to 300-word answers to each of the following: |Questions |Answers | |What is meant by the term media |Media convergence means the lines are getting blurred between traditional forms | |convergence with regard to technology, |convergence with technology of the media and almost becoming one. Media convergence plays | |and how has it affected everyday life? |a very an important role in how it has affected everyday life of the evolution of mass | | |communication the evolution and media convergence occurs whenever it establish forms | | |communication technology to create new technologies offering new mass communications. The | | |internet allows magazines and newspapers to merge with new technology and computers to | | |increase and report information to readers frequently. Amazon allows readers to have | | |E-readers to combine medium of books with electronic display technologies to offer a new | | |convenient method way of reading. A new source of media mass converge is unavailable for | | ...
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...Identify the Hypodermic Needle Theory and Uses and Gratification Theory. Hypodermic Needle Theory The "hypodermic needle theory" implied mass media had a direct, immediate and powerful effect on its audiences. The mass media in the 1940s and 1950s were perceived as a powerful influence on behavior change. The theory suggests that the mass media could influence a very large group of people directly and uniformly by ‘shooting’ or ‘injecting’ them with appropriate messages designed to trigger a desired response. Several factors contributed to this "strong effects" theory of communication, including: - the fast rise and popularization of radio and television - the emergence of the persuasion industries, such as advertising and propaganda - the Payne Fund studies of the 1930s, which focused on the impact of motion pictures on children, and - Hitler's monopolization of the mass media during WWII to unify the German public behind the Nazi party Uses and Gratification Theory explaining of media use Originated in the 1970s as a reaction to traditional mass communication research emphasizing the sender and the message. Stressing the active audience and user instead. Psychological orientation taking needs, motives and gratifications of media users as the main point of departure. Uses and gratification theory assumes an active audience, which chooses the text it consumes and where individuals have reasons for consuming these texts. Uses and gratifications theory attempts...
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...Balance of Media Media is a huge part of politics. Without the mass communication systems we have in the US today, there would be an even bigger knowledge gap in our population. The percentage of people who are actually up to date on current politics and issues is astounding when you look at all the media coverage these areas have. The media serves as a politician’s biggest survivor tool and worst enemy; although some like to say any media is good media, when dealing with politics it can be a detriment, not only to a politician but to the entire political system. Having freedom of press leaves unlimited opportunities to convey whatever news there may be in whatever way best suits that source. How the media influence has changed people’s mind about politics can be seen as good and bad. With an already considerably low number of citizens active in their knowledge of politics, the media is a huge reliant. Without television broadcast, and radio stations there would be millions of more people clueless as to what is going on in our government. So for their general purpose of simply informing the public, the media overflow is a good thing and has positive influence on people. There are also media outlets that stand on either side of the spectrum, so people can see the difference and get the correct information for both sides. And even better there are some less popular channels that convey both sides equally without bias toward either party or view, making an excellent source...
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...Jesse L. Fitch Effects of Mass Media Worksheet Write brief 250-to 300-word answers to each of the following: |Questions |Answers | |What were the major developments in the |The 20th century has thus far seen the fastest growth in mass media compared to any other | |evolution of mass media during the 20th |century. Before the 20th century the most used form of media was printed in large scale | |century? |thanks to the invention of the printing press that became very efficient in producing up | | |too 500 pages an hour. By the start of the evolution of mass media in the 20th century, | | |most printing presses could produce up to 3,000 pages an hour. The media age may have been| | |very well started by the telegraph in 1837, but the mass media age did not boom till the | | |radio was found in homes across the country in the 1920’s. Radios were easily obtainable | | |by most Americans and were even less expensive than phones at the time. Radios were so | | |largely popular at the time that a broad cast could reach the ears of more than 20 million| | ...
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...Media Convergence Worksheet Write brief 250- to 300-word answers to each of the following: Questions Answers What is meant by the term media convergence with regard to technology, and how has it affected everyday life? The term media convergence with regards to technology is defined as a process of combining together the telecommunications and computers and turning them into one electronic or digital form. The media convergence has affected our everyday life as we know it in many ways, you can now watch television shows, listen to music and shop online using your computer all without leaving the privacy of your home. Using the computer you can also communicate using the email, or chat option on the computer, eliminating the need to call from your phone. Facebook is another option that allows you to keep up with friends and family, while knowing where they are at all times. The internet is a multitasking piece of equipment that has replaced many forms of communications. Hard back books have been replaced with e-books, which can be electronically downloaded from your computer. The way we watch television has also changed, there are so many things that we can do through the television. You can program your home lights and alarms from you cell phone through the television. You can also communicate through you television to others, replacing the need for a telephone. The television and the internet are just two examples of media convergence, that has changed...
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