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The TJX Companies, Inc. Message Board

  • rusty2442 rusty2442 Dec 21, 2012 12:26 PM Flag

    ..The TJX Companies, Inc. Acquires Off-Price Internet Retailer Sierra Trading Post

    Is this a good thing?

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    • No this is not a good thing and let me explain why. Go back and read my post for years and you will see that I'm bullish with TJX, but I turned very negative lately through 2013 so I have nothing to grind here against TJX.

      Past history TJX attempted to enter the internet business and lost 1 billion dolalrs many years ago along with Macy's. Now they have been moving forward lately with internet business but now they are still behind the times. Retail business for internet is going mobile and actually is mobile at this time, there model is based on desk top computing not foucsed on the mobile customer. Unless they change there business model to focus on the mobility factor they will not reap any rewards from the internet.

      Sentiment: Sell

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