Tj Maxx Toys

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EXECUTIVE SUMMARY TJ Maxx Toys are brand name toys sold at discounted prices in TJ Maxx. The biggest vendors including Mattel, which has a market share of 16% and Hasboro with a market share of 11%, will sell these toys. As with the clothing, these toys will be shipped to one of the 13 distribution centers, and trucked to the stores every 3-4 days. The toys will be bought on an “opportunity” basis, which will allow for TJ Maxx to sell them at a 30-60% lower price than normal retail stores. In order for the toy aisle to be attractive and noticeable to children, the shelves will be painted bright colors and there will be footprints from the entrance leading to the toy aisle. The toy aisle will be located in between the women’s clothing department and the children’s clothing department so that anyone that passes by those departments will also see the toy aisle. The toy aisle will take up about 200 square feet of the store and will target parents and children. The toys being sold will include action figures, dolls, and collectibles. These include toys related to movies, TV shows, and cartoons. In order to utilize the most amount of space possible, TJ Maxx Toys will not include bikes, sports equipment, or outdoor furniture. The toys are specifically for children ages 4-8 and also include books and videos under the “collectibles” category. For TJ Maxx Toys to be successful, TJ Maxx needs to create a strong relationship with vendors and will need more employees to create those relationships. Since the population of children is growing 2% each year, our revenue will grow that same amount from year 1 to year 2 to year 3. 4.6% of TJ Maxx’s shoppers are mothers with children ages 4-8 so we already have a quantitative market. By the end of Year 3, TJ Maxx Toys will make $9 million in revenue for TJ Maxx and TJX as a whole. This is a profitable idea. I. COMPANY

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