Professional Documents
Culture Documents
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TICKER SYMBOL NYSE: TGT
TOTA L S TO RE S 1 , 816
TOTA L E MPLOY E E S 32 3 ,0 0 0
Target provides high-quality, on-trend products through its stores and digital
channels. It focuses on merchandising operations which include general
merchandise and food discount stores and a fully integrated online business.
Target also offers credit to qualified applicants through its branded proprietary
credit cards.
Target currently operates 1,816 stores and 39 distribution centers in the United
States. It is the second largest discount store retailer in the United States with
323,000 team members worldwide. The company is often recognized for
its dedication to delivering outstanding value, continuous innovation and an
exceptional guest experience.
The company also makes a large profit from its e-commerce website, Target.
com, which has consistently been ranked as one of the most visited retail sites.
Target currently maintains a A2 Moodys credit rating and has a market cap of
nearly $32 billion.
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TICKER SYMBOL NASDAQ: BBBY
TOTA L S TO RE S 1 ,024
TOTA L E MPLOY E E S 65 ,0 0 0
Bed Bath & Beyond is a subsidiary of Bed Bath & Beyond Inc., a multi-channel
retailer selling a wide assortment of domestic merchandise and home
furnishings under the names of Bed Bath & Beyond, World Market, Cost Plus
World Market, Cost Plus, Christmas Tree Shops, Christmas Tree Shops, Harmon,
Harmon Face Values and buybuy BABY. Domestic Bed Bath & Beyond stores
constitute the vast majority of the parent companys locations and activity. The
domestic merchandise includes categories such as bed linens and related items,
bath items, and kitchen textiles. The home furnishings include categories such
as kitchen and tabletop items, fine tabletop, basic house wares, general home
furnishings, consumables, and certain juvenile products. Bed Bath & Beyond
operates 1,024 stores across the United States, Puerto Rico, Canada and Mexico,
and has the ability to have customer purchases picked up in-store or shipped
direct to the customer from its distribution facilities, stores or vendors.
The S&P has given Bed Bath & Beyond Inc. a BBB+ corporate credit rating,
which reflects the expectation that the company will maintain generally
stable operating performance in the face of a challenging retail environment.
Its strategy is to expand its market reach through strategic acquisitions or
organically by adding stores in both new and existing markets. In addition, the
company aims to further enhance its omni-channel capabilities by improving
functionality to its e-commerce and mobile sites, opening new distribution
centers for both direct to consumer and store fulfillment, and expanding
specialty departments within its stores.
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TICKER SYMBOL NYSE: BBY
TOTA L S TO RE S 1 ,91 5
TOTA L E MPLOY E E S 1 2 5 ,0 0 0
Best Buy has demonstrated an upward trend in stability and a healthy cash flow
with revenue of nearly $40 billion annually. Despite competition in the traditional
retail industry and the growth of online-retailing, the companys stock price has
increased almost 68 percent over the past year. In addition, S&P has upgraded
Best Buys corporate credit rating to BB+, which reflects an operating margin
trajectory that is considered sustainable.
Headquartered in Richfield, MN, the company has over 1,500 stores in North
America, where more than 70 percent of the population lives within 15 minutes
of a Best Buy store, as well as in Canada and Mexico, where it has both a physical
and online presence. International operations are established throughout
Canada, Europe, China, Mexico and Turkey. The companys Domestic and
International segments have offerings in six categories, including consumer
electronics, computing and mobile phones, entertainment, appliances, services
and other. Best Buy offers unbeatable prices and expert service to the customers
visiting its stores, engaging with Geek Squad agents, or using its websites or
mobile applications. The company is also committed to decreasing its carbon
footprint through their recycling program. With the help of its customers, Best
Buy has collected and responsibly disposed of more than 1 billion pounds of
electronics and appliances, making it the largest retail collection program in the
U.S.
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TICKER SYMBOL NYSE: TJX
TOTA L S TO RE S 1 , 20 0
TOTA L E MPLOY E E S 2 35 ,0 0 0
T.J. Maxx is an off-price retailer offering a rapidly changing mix of high quality
merchandise of brand name and designer fashions. Approximately 1,200 stores
can be found in 49 states with unique selections at every location. It also
operates an e-commerce site, which was launched in 2013.
T.J. Maxx is one of the subsidiaries of The TJX Companies, Inc. (TJX), the
leading off-price retailer of apparel and home fashions in the United States
and worldwide. As of January 28, 2017, TJX sales were $33.2 billion, and the
company operated more than 3,800 stores in nine countries, across three
continents with roughly 235,000 associates. TJX is currently ranked #87 in
the Fortune 500 listings and, in April 2017, it marked its 21st consecutive year
of dividend increases. TJXs success contrasts to several other retailers who
are struggling to entice shoppers as a growing number of consumers do their
buying on Amazon and other e-commerce sites. This change in the American
retail market has allowed TJX to purchase goods at liquidated or bargained
prices, keeping the companys costs low and giving them a competitive
advantage against many of the larger brands.
TJX upholds an A2/Prime-1 rating from Moodys Investors Service, which reflects
Moody's view that off-price retail is a strongly positioned sector of retailing
which is expected to continue to gain market share. The company also has an
"A+" S&P Global credit rating, one of the strongest ratings recently seen in the
retail industry, and ample financial liquidity, which offers its vendors, landlords
and other business associates a high degree of confidence.
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TICKER SYMBOL NYSE: CAL
TOTA L S TO RE S 1 , 10 9
TOTA L E MPLOY E E S 1 3 ,4 0 0
Famous Footwear offers a wide range of athletic, causal and dress shoes for
families and features hundreds of nationally recognized shoe brands at great
values. It operates over 1,000 stores nationwide, making it a leading family
footwear destination.
The company was founded in 1960 and is currently based in St. Louis, Missouri
as a subsidiary of Caleres Inc. The holding company is a global footwear retailer
and wholesaler with 1,369 retail shoe stores in the United States, Canada, Guam
and Italy and has a market cap of $1.2 billion. Caleres Inc. operates primarily
under the Famous Footwear, Naturalizer and Allen Edmonds names.
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T I C K E R S YM B O L P R I VAT E
TOTA L S TO RE S 1 , 50 0
TOTA L E MPLOY E E S 2 5 ,0 0 0
Petco Animal Supplies, Inc. is the nations second-largest pet specialty retailer,
operating more than 1,500 locations across the U.S., Mexico and Puerto Rico,
and employing over 25,000 people. The privately-held company sells certain
types of live animals, pet products and services that include grooming and dog
training. Petco also owns the naming rights to the Petco Park baseball stadium,
home to the San Diego Padres.
The company was taken private in 2000 after being acquired by Leonard Green
& Partners and TPG Capital in a deal worth $1.8 billion and in 2015 the company
was sold to CVC Capital Partners and Canada's Pension Plan for approximately
$4.6 billion. Together, CVC and CPCs have funds totaling over $300 billion.
Petcos independent nonprofit organization, The Petco Foundation, has
invested more than $185 million to help promote and improve the welfare of
companion animals since its inception in 1999. With over 50 years of service
to pet parents, Petco remains guided by their motto: Healthier Pets. Happier
People. Better World.
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