How can TK Maxx deliver such great value?
TK Maxx are what is known as an off-price retailer, meaning they can offer huge savings to customers over traditional stores, often at up to 60% off the recommended retail price (RRP). This is down to the fact that their buying department are keen negotiators, managing to bargain with big name retailer and fashion houses to bring down acquisition prices, and because they’re such lovely people they pass the savings back to you, the all-important customers.
Do they hold replenishment stock for individual products?
No, part of the charm and difference of the store is that each shopping trip is unique treasure hunt. TK Maxx buy throughout the season, meaning they can be reactive to fashion changes and customer preferences, rather than predicting what the customer will like and the trends of the season and thus putting all their eggs in one basket.
Where are their items sourced from?
TK Maxx buys from a variety of sources, from department store order cancellations, over estimations in production or clearance when a retailer wants to move on from an item. All this means that TK Maxx can offer huge savings all year round and take advantage of great opportunities to deliver high quality labels at significantly less than RRP, direct to the customer.